Stock Market Watch

Head and Shoulders Inverse Pattern Formed (Bullish) on These Stocks on Apr-5

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The following stocks have formed an inverse head and shoulders pattern.This a major reversal pattern, the Head and Shoulders Bottom forms after a downtrend, and its completion marks a change in trend. The pattern contains three successive troughs with the middle trough (head) being the deepest and the two outside troughs (shoulders) being shallower. Ideally, the two shoulders would be equal in height and width.

Broadcom Corp. (NASDAQ:BRCM) is currently trading at $37.40 down -0.37% in today’s trading. BRCM is trading 0.78% above its 50 day moving average and 9.30% above its 200 day moving average. BRCM is -7.75% below its 52-week high and 35.95% above its 52-week low. BRCM’s PE ratio is 22.75 and their market cap is $20.23B.

Broadcom Corporation is a provider of semiconductors for wired and wireless communications.


ICICI Bank Ltd. (NYSE:IBN) is currently trading at $34.71 up 0.46% in today’s trading. IBN is trading -5.24% below its 50 day moving average and -4.99% below its 200 day moving average. IBN is -31.70% below its 52-week high and 43.79% above its 52-week low. IBN’s PE ratio is 16.53 and their market cap is $19.91B.

ICICI Bank Ltd offers a range of banking products and financial services to corporate and retail customers in the areas of investment banking, life and non-life insurance, venture capital and asset management.

PG&E Corp. (NYSE:PCG) is currently trading at $42.88 down -0.92% in today’s trading. PCG is trading 2.49% above its 50 day moving average and 5.77% above its 200 day moving average. PCG is -4.15% below its 52-week high and 18.91% above its 52-week low. PCG’s PE ratio is 20.51 and their market cap is $18.23B.

PG&E Corporation engages in the businesses of electricity and natural gas distribution; electricity generation, procurement, and transmission; and natural gas procurement, transportation, and storage.

Atlantic Power Corporation (NYSE:AT) is currently trading at $13.60 down -0.58% in today’s trading. AT is trading -4.40% below its 50 day moving average and -2.10% below its 200 day moving average. AT is -11.99% below its 52-week high and 12.36% above its 52-week low. AT’s PE ratio is 5.14 and their market cap is $4.71B.

Atlantic Power Corporation is an independent electric power producer that owns interests in a diversified portfolio of independent, non-utility power generation projects and one transmission line situated in main U.S. markets.

Sina Corp. (NASDAQ:SINA) is currently trading at $61.81 up 0.65% in today’s trading. SINA is trading -10.16% below its 50 day moving average and -23.28% below its 200 day moving average. SINA is -57.99% below its 52-week high and 31.90% above its 52-week low.

SINA Corporation is an online media company and MVAS provider in the People’s Republic of China and for the global Chinese communities.

India Fund Inc. (NYSE:IFN) is currently trading at $22.25 up 0.63% in today’s trading. IFN is trading -2.33% below its 50 day moving average and -7.02% below its 200 day moving average. IFN is -31.87% below its 52-week high and 19.56% above its 52-week low.

India Fund Inc is a non-diversified closed-end management investment company. The Fund’s investment objective is long-term capital appreciation by investing primarily in Indian equity securities.

NPS Pharmaceuticals Inc. (NASDAQ:NPSP) is currently trading at $6.85 up 0.00% in today’s trading. NPSP is trading -2.87% below its 50 day moving average and -4.08% below its 200 day moving average. NPSP is -36.28% below its 52-week high and 57.47% above its 52-week low.

NPS Pharmaceuticals is engaged in the development of new treatment options for patients with rare gastrointestinal and endocrine disorders and serious unmet medical needs.

Ivanhoe Energy Inc. (NASDAQ:IVAN) is currently trading at $1.05 down -2.78% in today’s trading. IVAN is trading 6.62% above its 50 day moving average and -15.73% below its 200 day moving average. IVAN is -64.65% below its 52-week high and 45.83% above its 52-week low.

Ivanhoe Energy, Inc. is an independent international heavy oil development and production company, which is focused on pursuing long term growth in its reserve base and production using advanced technologies, including its HTLTM Technology.

Morgan Stanley India Investment Fund Inc. (NYSE:IIF) is currently trading at $16.60 up 0.48% in today’s trading. IIF is trading -1.92% below its 50 day moving average and -5.32% below its 200 day moving average. IIF is -28.37% below its 52-week high and 22.15% above its 52-week low.

The Fund will seek to achieve long-term capital appreciation through investment primarily in equity securities of Indian companies, or companies deriving over 50% of their annual revenue from India. Its portfolio includes common stocks, and short-term inve

Zep Inc. (NYSE:ZEP) is currently trading at $14.34 down -2.18% in today’s trading. ZEP is trading -8.09% below its 50 day moving average and -9.71% below its 200 day moving average. ZEP is -31.05% below its 52-week high and 19.20% above its 52-week low. ZEP’s PE ratio is 20.36 and their market cap is $321.79M.

Zep Inc. produces, markets, and services a range of cleaning and maintenance solutions for commercial, industrial, institutional, and consumer end-markets. Its product portfolio includes anti-bacterial and industrial hand care products, cleaners etc.

Rare Element Resources Ltd. (NYSE:REE) is currently trading at $5.85 down -3.47% in today’s trading. REE is trading -6.61% below its 50 day moving average and -15.30% below its 200 day moving average. REE is -64.65% below its 52-week high and 89.94% above its 52-week low.

CRA International Inc. (NASDAQ:CRAI) is currently trading at $23.73 down -1.33% in today’s trading. CRAI is trading 0.82% above its 50 day moving average and 4.19% above its 200 day moving average. CRAI is -20.37% below its 52-week high and 44.52% above its 52-week low. CRAI’s PE ratio is 15.32 and their market cap is $251.80M.

CRA International, Inc. is an economic, financial, and management consulting services firm that applies advanced analytic techniques and in-depth industry knowledge to complex engagements for a broad range of clients.

Sangamo Biosciences Inc. (NASDAQ:SGMO) is currently trading at $4.64 up 0.00% in today’s trading. SGMO is trading -1.23% below its 50 day moving average and 8.12% above its 200 day moving average. SGMO is -45.60% below its 52-week high and 96.61% above its 52-week low.

Sangamo BioSciences, Inc is engaged in the research, development and commercialization of novel transcription factors for gene regulation and gene modification.

China Nepstar Chain Drugstore Ltd. (NYSE:NPD) is currently trading at $2.25 up 7.14% in today’s trading. NPD is trading -5.42% below its 50 day moving average and -6.71% below its 200 day moving average. NPD is -40.79% below its 52-week high and 50.00% above its 52-week low. NPD’s PE ratio is 35.00 and their market cap is $218.23M.

China Nepstar Chain Drugstore Ltd. and its subsidiaries are engaged in the business of operating retail drugstores in the People’s Republic of China.

Lionbridge Technologies Inc. (NASDAQ:LIOX) is currently trading at $2.80 down -1.06% in today’s trading. LIOX is trading 2.18% above its 50 day moving average and 5.49% above its 200 day moving average. LIOX is -24.93% below its 52-week high and 44.33% above its 52-week low. LIOX’s PE ratio is 94.33 and their market cap is $178.18M.

Lionbridge Technologies, Inc. is a provider of language, development and testing services that enable clients to create, release, manage and maintain their technology applications and web content globally.

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Alex Fredricks
Post Written By: Alex Fredricks

Alex Fredricks has a degree in business and is an avid day-trader. Alex’s experience and love for the game of the markets is shown not only in his posts, but the post he helps edit for other authors on our staff.


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Alex Fredricks

Alex Fredricks has a degree in business and is an avid day-trader. Alex's experience and love for the game of the markets is shown not only in his posts, but the post he helps edit for other authors on our staff.

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