Report
Dave Nicoski ...
  • Ross LaDuke
EUR 46.69 For Business Accounts Only

Vermilion Short Shots: Technically Vulnerable Stocks

Short Shots is a collection of technically vulnerable charts culled from the Negative Inflecting and Toppy columns within our Weekly Compass report or from various technical screening processes. The charts contained in this report have developed concerning technical patterns that suggest further price deterioration is likely. For these reasons Short Shots can also be a great source of ideas for investors interested in short-selling candidates.
Underlyings
Acushnet Holdings Corp.

Acushnet Holdings is a holding company. Through its subsidiaries, the company designs, develops, manufactures, and distributes golf products. The company's products include golf balls, golf clubs, wedges and putters, golf shoes, golf gloves, golf gear and golf and ski outerwear and apparel. The company is also engaged in custom imprinted golf balls. This includes printing corporate logos, tournament logos, country club or resort logos, and personalization on Titleist and Pinnacle golf balls. The company designs, assembles and sells golf clubs (drivers, fairways, hybrids and irons) under the Titleist brand, wedges under the Vokey Design brand and putters under the Scotty Cameron brand.

Analog Devices Inc.

Analog Devices is an analog technology company. The company designs, manufactures, and markets a portfolio of solutions, including integrated circuits, algorithms, software, and subsystems. The company's analog products include data converter that translate real-world analog signals into digital data and also translate digital data into analog signals, amplifiers that condition analog signals, and power management and reference products that include functions such as power conversion, driver monitoring, sequencing and energy management. The company's digital signal processing products are designed to execute software programs, or algorithms, associated with processing digitized real-time, real-world data.

Aptiv PLC

ASML Holding N.V.

Aspen Aerogels

Aspen Aerogels is an aerogel technology company that designs, develops and manufactures aerogel insulation used primarily in the energy infrastructure and building materials markets. The company also conducts research and development related to aerogel technology. The company's product lines include: Pyrogel XT-E, which is designed for use in refineries and petrochemical facilities; Pyrogel XTF, which is designed to provide protection against fire; Cryogel Z, which is designed for sub-ambient and cryogenic applications in the energy infrastructure market; and Spaceloft Subsea, which is designed for use in pipe-in-pipe applications in offshore oil production.

Calix Networks

Calix is a provider of cloud and software platforms, systems and software for fiber- and copper-based network architectures. The company is also a provider of software defined access and cloud products focused on access networks and the subscriber. The company's portfolio allows for a range of subscriber services to be provisioned and delivered over a single unified network. The company's access systems can deliver voice and data services, broadband services, mobile broadband, as well as high-definition video and online gaming. The company's premises systems enable communications service providers to manage the smart home and business and provide new services to their device enabled subscribers.

Camtek Ltd.

Camtek Ltd is an Israel-based manufacturer of metrology and inspection equipment and a provider of software solutions. The Company mainly serves the Advanced Packaging, Memory, Complementary Metal Oxide Semiconductor (CMOS) Image Sensors, Micro Electro Mechanical Sensor (MEMS), Radio Frequency (RF) and other segments in the mid end of the semiconductors industry. The Company has more than seven offices around the world and provides tailor-made solutions in line with customers' requirements. Camtek Ltd's subsidiaries are: Camtek Europe SA, Camtek Korea Ltd, Camtek South East Asia Pte Ltd, Camtek USA Inc, Sela - Semiconductor Engineering Laboratories USA Inc, Camtek Japan Ltd and Sela Semiconductor Engineering Laboratories Ltd, among others.

CEVA Inc.

CEVA is a licensor of signal processing platforms and artificial intelligence (AI) processors. The company partners with semiconductor companies and original equipment manufacturers to create devices for a range of end markets, including mobile, consumer, automotive, industrial and Internet-of-Things (IoT).Co.'s portfolio includes platforms for 5G baseband processing for handsets and RAN, end-to-end offerings for cellular IoT, front-end voice and speech recognition software and algorithms along with digital signal processors for voice enabled devices and AI assistants, imaging and computer vision for any camera-enabled device, and a family of self-contained AI processors.

Chart Industries Inc.

Chart Industries is a manufacturer of equipment servicing multiple market applications in energy and industrial gas. The company's product portfolio is used throughout the liquid gas supply chain in the production, storage, distribution and end-use of atmospheric, hydrocarbon, and industrial gases. The company's equipment and systems are primarily used to cool gases often to cryogenic liquid temperatures and then to transport and store them as liquids. The company's products include vacuum insulated containment vessels, heat exchangers, cold boxes, liquefaction process units, other cryogenic components, gas processing equipment, ambient temperature fans and after market services.

Clarus Corporation

Clarus is a developer, manufacturer and distributor of outdoor equipment and lifestyle products focused on the climb, ski, mountain, sport and skincare markets. The company's products are sold under the Black Diamond?, Sierra?, PIEPS? and SKINourishment? brand names. The company operates within two segments: Black Diamond, which designs, manufactures, and markets outdoor engineered equipment and apparel for climbing, mountaineering, trail running, backpacking, skiing, and a range of other outdoor recreation activities; and Sierra, which manufactures a range of bullets and ammunition for both rifles and pistols that are used for precision target shooting, hunting and military and law enforcement purposes.

Cleveland-Cliffs Inc

Cleveland-Cliffs is an iron ore mining company. The company is a supplier of iron ore pellets to the North American steel industry from its mines and pellet plants located in Michigan and Minnesota. The company is organized according to its differentiated products. The company has two segments: Mining and Pelletizing, which the company is a main producer of iron ore pellets, primarily selling production from its Mining and Pelletizing segment to integrated steel companies in the U.S. and Canada; and Metallics, which constructing a Hot Briquetted Iron (HBI) production plant, whereby HBI is an iron alternative to scrap that, when used as a feedstock, allows an Electric Arc Furnace to produces valuable grades of steel.

Codexis

Codexis discovers, develops and sells proteins to its clients. The company has two segments: Performance Enzymes, which uses its technology to develop enzymes for customers using next generation sequencing and polymerase chain reaction for in vitro molecular diagnostic and molecular biology research applications; and Novel Biotherapeutics, in which it has announced a global development, option and license agreement with Societe des Produits Nestle S.A. to develop CDX-6114, its own orally administrable enzyme therapeutic candidate for the potential treatment of phenylketonuria. The company's products include protein catalysts, chemical intermediates and Codex? biocatalyst panels and kits.

Cognex Corporation

Cognex is a provider of machine vision products that capture and analyze visual information in order to automate manufacturing and distribution tasks where vision is required. Machine vision products are used to automate the manufacture and tracking of discrete items, such as mobile phones, aspirin bottles, and automobile tires, by locating, identifying, inspecting, and measuring them during the manufacturing or distribution process. The company provides a range of machine vision systems and sensors, vision software, and industrial image-based barcode readers. The company's products also have a variety of physical forms, depending upon the user's needs.

Enphase Energy Inc.

Enphase Energy is a global energy technology company. The company designs, develops, manufactures and sells home energy solutions that connect energy generation, energy storage and control and communications management on one platform. The company's semiconductor-based microinverter converts energy at the individual solar module level and, combines with its proprietary networking and software technologies to provide energy monitoring and control. The Enphase Home Energy Solution with IQ consists of four primary components: Enphase microinverters, the AC Battery?, an Envoy gateway, and Enlighten cloud-based software.

First Solar Inc.

First Solar is a provider of photovoltaic (PV) solar energy solutions. The company designs, manufactures and sells PV solar modules with a thin film semiconductor technology, and also develops and sells PV solar power systems that mainly use the modules it manufactures. The company also provides operations and maintenance (O&M) services to system owners. The company's modules segment involves the design, manufacture and sale of cadmium telluride solar modules, which convert sunlight into electricity. The company's second segment is its systems segment, through which it provides power plant solutions, which include project development, engineering, procurement, and construction services and O&M services.

Fortinet Inc.

Fortinet provides cybersecurity solutions. The company's product offerings consist of its FortiGate product family and its non-FortiGate products. The company's FortiGate hardware and software licenses are sold with a set of security services. These security services are enabled by FortiGuard, which provides threat research and artificial intelligence capabilities from a global cloud network to deliver protection services to each FortiGate appliance. The company's non-FortiGate products include the Fortinet Security Fabric (such as FortiAP, FortiAnalyzer, FortiSwitch and FortiManager), certain cloud security products (such as virtual machines and cloud services) and other products.

Fox Factory Holding Corp.

Fox Factory Holding is a holding company. Through its subsidiaries, the company is a designer, manufacturer and marketer of products and systems used on bicycles, side-by-side vehicles, on-road vehicles with and without off-road capabilities, off-road vehicles and trucks, all-terrain vehicles, snowmobiles, specialty vehicles and applications, motorcycles, and commercial trucks. In its powered vehicle product categories, the company provides products under the FOX, BDS Suspension, Zone Offroad, JKS Manufacturing, RT Pro UTV, 4x4 Posi-Lok, and Tuscany brands. The company's bike product offerings are used on a range of mountain bikes and road bikes under the FOX, Race Face, Easton Cycling and Marzocchi brands.

Generac Holdings Inc.

Generac Holdings is a designer and manufacturer of a range of power generation equipment and other power products serving the residential, light commercial and industrial markets. The company's products include residential, commercial and industrial standby generators, as well as portable and mobile generators used in a range of applications. Other engine powered products that the company designs and manufactures include light towers which provide temporary lighting for various end markets; commercial and industrial mobile heaters and pumps used in the oil and gas, construction and other industrial markets; and a product line of outdoor power equipment for residential and commercial use.

Gibraltar Industries Inc.

Gibraltar Industries is a manufacturer and distributor of building products for residential, industrial, infrastructure, renewable energy and conservation markets. The company has three segments: Residential Products, which services the residential repair and remodeling and the housing construction markets; Industrial and Infrastructure Products, which serves a variety of end markets such as industrial and commercial construction, highway and bridge construction, automotive, airports and energy and power generation; and Renewable Energy and Conservation, which is primarily a designer and manufacturer of solar mounting systems and greenhouse structures.

John Bean Technologies Corporation

John Bean Technologies is a technology solutions provider to the food and beverage industry with focus on proteins, liquid foods and automated system solutions. The company also sells critical equipment and services to domestic and international air transportation customers. The products offerings of the company's FoodTech businesses include food processing systems to protein customers, liquid foods portfolio such as fruit and juice solutions, and robotic automated guided vehicle systems. The product offerings of the company's AeroTech businesses include mobile air transportation equipment, gate equipment for passenger boarding, and airport services such as maintenance of airport equipment, systems and facilities.

Lattice Semiconductor Corporation

Lattice Semiconductor develops semiconductor technologies. The company delivers two types of semiconductor devices to its customers: Field Programmable Gate Arrays (FPGAs), and Video Connectivity Application Specific Standard Products (ASSPs). The company's FPGAs offerings consist of five product family lines: the ECP families, the MachXO families, iCE40 families, CrossLink, and Programmable Mixed Signal devices. The company's Video Connectivity ASSPs perform various functions, including ensuring interoperability, improving picture quality, converting between resolutions, and transmitting / receiving content without the need for additional components.

LCI Industries

LCI Industries supplies an array of components for the original equipment manufacturers in the recreation and industrial product markets, consisting of recreational vehicles and adjacent industries including buses; trailers used to haul boats, livestock, equipment and other cargo; trucks; boats; trains; manufactured homes; and modular housing. The company also supplies components to the related aftermarkets of these industries, primarily by selling to retail dealers, wholesale distributors and service centers. The company's products include steel chassis and related components, axles and suspension solutions, slide-out mechanisms and solutions, and thermoformed bath, kitchen and other products.

Monolithic Power Systems Inc.

Monolithic Power Systems is a fabless semiconductor company. The company designs, develops and markets power solutions for systems found in consumer, computing and storage, automotive, industrial, communications and consumer applications. The company's primary product families include the following: Direct Current (DC) to DC products, which are used to convert and control voltages within a range of electronic systems such as portable electronic devices, wireless Local Area Network access points, computers, and monitors, automobiles and medical equipment; and Lighting Control Products, which include lighting control integrated circuits that are used in backlighting and general illumination products.

NIO Inc. Sponsored ADR Class A

Nordson Corporation

Nordson engineers, manufactures and markets differentiated products and systems used for dispensing, applying and controlling of adhesives, coatings, polymers, sealants, biomaterials, and other fluids, to test and inspect for quality, and to treat and cure surfaces. The company serves a range of consumer non-durable, consumer durable and technology end markets including packaging, nonwovens, electronics, medical, appliances, energy, transportation, building and construction, and general product assembly and finishing. The company has three operating segments: Adhesive Dispensing Systems, Advanced Technology Systems, and Industrial Coating Systems.

Officina Stellare

Officina Stellare Spa. Officina Stellare SpA is an Italy-based company specialized in the design and production of optical and aerospace instrumentation for ground and space-based applications. It operates through three segments: Aerospace, Scientific Research and Defense. The Aerospace segment designs and manufactures high resolution wide spectral range optical satellite systems, laser communications/optical antennas systems, remotely controlled large optical systems and high speed pointing/tracking platforms for space situational awareness/debris applications. The Scientific Research segment provides different kind of telescopes, astrographs and optical systems, among others. The Defense segment develops and manufactures sealed optical system for hi-speed slewing, among others. The Company is active internationally.

Par Technology Corp.

PAR Technology, through its subsidiaries, operates in the following segments: Restaurant/Retail, which provides point-of-sale (POS) hardware, software and technical solutions to the restaurant and retail industries, including cloud-based, software-as-a-service Brink POS and on-premise POS PixelPoint solutions, POS hardware platforms, and installation, technical, and maintenance support services; and Government, which provides intelligence, surveillance, and reconnaissance solutions and mission systems support to the U.S. Department of Defense and other Federal agencies, including systems engineering and evaluation, space and satellite support services, and information systems support.

Repligen Corporation

Repligen is a life sciences company that develops and commercializes bioprocessing technologies and systems used in the process of manufacturing biological drugs. The company's bioprocessing business is comprised of: Chromatography, which includes products used in downstream purification, development, manufacturing and quality control of biological drugs; Filtration, which includes XCell Alternating Tangential Flow systems that are used in upstream perfusion cell culture processing; Process Analytics, which complements and supports its Filtration, Chromatography and Proteins franchises; and OEM products, which are represented by its Protein A affinity ligands and cell culture growth factor products

Rockwell Automation Inc.

Rockwell Automation is a provider of industrial automation and digital transformation. The company's segments include: Architecture and Software, which contains automation and information platforms, including hardware and software; and Control Products and Solutions, which combines motor control and industrial control products, other solutions and a portfolio of lifecycle services. The company's automation platform products include programmable automation controllers, design, networking products, sensing devices, machine safety devices, motion control products, and independent cart technology products. The company's information platform includes manufacturing execution system software and analytics software.

SolarEdge Technologies Inc.

SolarEdge Technologies designs, develops, and sells an intelligent inverter solution designed for power generation at the individual photovoltaic module level. The company's products consist mainly of power optimizers designed to maximize energy throughput from each and every module via constant tracking of Maximum Power Point individually per module; inverters, which invert direct current from the PV module to alternating current; a related cloud-based monitoring platform; and a storage solution that is used to increase energy independence and maximize self-consumption for homeowners by utilizing a battery that is sold separately by third party manufacturers, to store and supply power as needed.

The AZEK Company

Trimble Inc.

Trimble is a provider of technology solutions. The company's solutions are used across a range of industries including agriculture, architecture, civil engineering, survey and land administration, construction, geospatial, government, natural resources, transportation, and utilities. The company has four reporting segments: Buildings and Infrastructure, which serves architects, engineers, contractors, owners, and operators; Geospatial, which serves customers working in surveying, engineering, and government; Resources and Utilities, which primarily serves customers working in agriculture, forestry, and utilities; and Transportation, which focuses on the transportation and logistics market.

United States Steel Corporation

United States Steel is a steel producer of flat-rolled and tubular products with production operations in the United States and Europe. The company is also engaged in railroad services and real estate operations. The company's segments are: North American Flat-Rolled, which produces slabs, strip mill plates, sheets and tin mill products; U. S. Steel Europe, which produces and sells slabs, strip mill plate, sheet, tin mill products and spiral welded pipe, as well as heating radiators and refractory ceramic materials; and Tubular Products, which produces and sells electric resistance welded steel casing and tubing (known as oil country tubular goods), and standard and line pipe and mechanical tubing.

Vertiv Holdings Co (A)

Vicor Corp.

Vicor designs, develops, manufactures, and markets modular power components and power systems for converting electrical power. Reflecting its Power Component Design Methodology, the company provides a range of modular building blocks enabling design of a power system specific to a customer's needs. The company categorizes its product portfolios as either Advanced Products or Brick Products. The company also sells a range of electrical and mechanical accessories for use with its products. The Advanced Products category consists of products which are used to implement the company's proprietary Factorized Power Architecture?, a power distribution architecture. The Brick Products category consists of integrated power systems.

Xylem Inc.

Xylem is water technology company. The company designs, manufactures and services engineered solutions ranging across a variety of applications primarily in the water sector, but also in electric and gas. The company's business segments are: water infrastructure, which serves the water infrastructure sector with pump systems, filtration, ultraviolet and ozone systems and pumping solutions; Applied Water, which serves the usage applications sector with water pressure boosting systems; and Measurement and Control Solutions, which serves the utility infrastructure solutions and services sector by delivering communications, smart metering, measurement and control technologies and infrastructure technologies.

YETI Holdings

Yeti is a designer, marketer, and distributor of products for the outdoor and recreation market which are sold under the YETI brand. The company's product portfolio is comprised of three categories: Coolers and Equipment; Drinkware; and Other. The company's Coolers and Equipment category includes hard coolers, soft coolers, outdoor equipment and other products, as well as accessories and replacement parts for these products. The company's Drinkware category includes its stainless-steel drinkware products and related accessories. In addition, the company's Other category is primarily comprised of ice substitutes, and YETI-branded gear, such as shirts, hats, and other miscellaneous products.

Zebra Technologies Corporation Class A

Zebra Technologies designs, manufactures, and sells a range of automatic identification and data capture products, including: mobile computers, barcode scanners and imagers, radio frequency identification devices (RFID) readers, printers for barcode labeling and personal identification, real-time location systems, related accessories and supplies, such as labels and other consumables, and software utilities and applications. The company has two segments: Asset Intelligence and Tracking, which includes barcode and card printing, supplies, services, location solutions, and retail solutions; and Enterprise Visibility and Mobility, which includes mobile computing, data capture, RFID, and services.

Provider
Vermilion Research
Vermilion Research

Vermilion Research delivers timely, actionable, and unique research inputs to professional investors. Our research strategists highlight securities which we believe are at major inflection points, based on our various proprietary technical indicators, and offer asymmetric risk/return profiles. We believe our research methodology, which is not limited by industry sector or market capitalization, enables us to deliver superior investment recommendations.

Our process begins by organizing all actively traded stocks into coherent sectors, then into logical industry groups. We then apply our proprietary relative strength tools to identify developing price trends. Once attractive trends are identified within a selected sectors or groups, we screen for individual stocks which we believe offer the best risk/reward profile. Vermilion offers U.S. and global equity market research products. Vermilion’s research team, which has received numerous awards and accolades, has a combined 70 year of experience in the analysis of investment securities.

Analysts
Dave Nicoski

Ross LaDuke

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