Stocks Reaching Trendline Resistance (Bearish) on Apr-9


These stocks are hitting their trendline resistance. This is a bearish signal that means the stock might meet resistence in attempting to break out to a higher price.

Intel Corporation (NASDAQ:INTC) is currently trading at $28.07. INTC is trading 3.41% above its 50 day moving average and 18.54% above its 200 day moving average. INTC is -1.34% below its 52-week high and 49.66% above its 52-week low. INTC’s PE ratio is 11.70 and their market cap is $140.57B.

Intel Corporation is a semiconductor chip maker, which develops advanced integrated digital technology products, mainly integrated circuits, for industries such as computing and communications.


Novartis AG (NYSE:NVS) is currently trading at $54.84. NVS is trading 0.92% above its 50 day moving average and 0.54% above its 200 day moving average. NVS is -11.61% below its 52-week high and 11.03% above its 52-week low. NVS’s PE ratio is 14.43 and their market cap is $125.56B.

Novartis, Inc. provides healthcare solutions that address the evolving needs of patients & societies worldwide with a portfolio that includes innovative medicines, preventive vaccines & diagnostic tools, generic pharmaceuticals & consumer health products.

Costco Wholesale Corporation (NASDAQ:COST) is currently trading at $88.65. COST is trading 2.11% above its 50 day moving average and 7.67% above its 200 day moving average. COST is -3.75% below its 52-week high and 26.97% above its 52-week low. COST’s PE ratio is 25.85 and their market cap is $38.47B.

Costco Wholesale Corporation operates membership warehouses, which offer low prices on a limited selection of nationally branded and selected private-label products in a range of merchandise categories.

Celgene Corporation (NASDAQ:CELG) is currently trading at $79.65. CELG is trading 6.43% above its 50 day moving average and 21.27% above its 200 day moving average. CELG is -0.96% below its 52-week high and 54.06% above its 52-week low. CELG’s PE ratio is 27.85 and their market cap is $34.95B.

Celgene Corporation is a biopharmaceutical company engaged in the discovery, development and commercialization of innovative therapies designed to treat cancer and immune-inflammatory related diseases.

Enbridge Inc. (NYSE:ENB) is currently trading at $39.63. ENB is trading 3.07% above its 50 day moving average and 15.08% above its 200 day moving average. ENB is -0.18% below its 52-week high and 42.20% above its 52-week low. ENB’s PE ratio is 28.31 and their market cap is $31.00B.

Enbridge Inc.’s main business activities are the transportation and distribution of crude oil and natural gas.

Ecolab Inc. (NYSE:ECL) is currently trading at $61.50. ECL is trading 1.15% above its 50 day moving average and 11.96% above its 200 day moving average. ECL is -1.83% below its 52-week high and 41.85% above its 52-week low. ECL’s PE ratio is 31.87 and their market cap is $17.95B.

Ecolab, Inc. develops and markets premium products and services for the hospitality, foodservice, healthcare and industrial markets. It provides cleaning and sanitizing products and programs, pest elimination, maintenance and repair services.

T. Rowe Price Group Inc. (NASDAQ:TROW) is currently trading at $64.88. TROW is trading 5.17% above its 50 day moving average and 16.56% above its 200 day moving average. TROW is -3.26% below its 52-week high and 46.79% above its 52-week low. TROW’s PE ratio is 22.37 and their market cap is $16.46B.

T. Rowe Price Group, financial services holding company, which through its subsidiaries provides investment advisory services to individual and institutional investors in the sponsored T. Rowe Price mutual funds and other investment portfolios.

iShares Russell 1000 Growth Index (NYSE:IWF) is currently trading at $66.01. IWF is trading 3.10% above its 50 day moving average and 12.33% above its 200 day moving average. IWF is -1.24% below its 52-week high and 33.07% above its 52-week low.

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Russell 1000 Growth Index (the underlying index). The fund generally invests at least 90% of its assets in securities of

Cigna Corp. (NYSE:CI) is currently trading at $48.99. CI is trading 8.11% above its 50 day moving average and 8.53% above its 200 day moving average. CI is -7.39% below its 52-week high and 26.42% above its 52-week low. CI’s PE ratio is 10.10 and their market cap is $14.08B.

Cigna Corporation’s subsidiaries are main providers of health care and related benefits, the majority of which are offered through the workplace, including: health care products and services; group disability, life and accident insurance etc.

Ross Stores Inc. (NASDAQ:ROST) is currently trading at $59.81. ROST’s RSI is currently at 72.90 which indicates that the stock is overbought. ROST is trading 10.10% above its 50 day moving average and 33.03% above its 200 day moving average. ROST is 0.78% above its 52-week high and 80.01% above its 52-week low. ROST’s PE ratio is 20.91 and their market cap is $13.55B.

Ross Stores, Inc. and its subsidiaries operate two brands of off-price retail apparel and home accessories stores. It operates a total of 1,055 stores.

Equifax Inc. (NYSE:EFX) is currently trading at $43.82. EFX is trading 3.75% above its 50 day moving average and 21.37% above its 200 day moving average. EFX is -2.34% below its 52-week high and 55.48% above its 52-week low. EFX’s PE ratio is 23.43 and their market cap is $5.27B.

Equifax, Inc. is a provider of information solutions, employment and income verification and human resources business process outsourcing services.

Essex Property Trust Inc. (NYSE:ESS) is currently trading at $150.66. ESS is trading 4.52% above its 50 day moving average and 10.86% above its 200 day moving average. ESS is -1.02% below its 52-week high and 37.44% above its 52-week low. ESS’s PE ratio is 149.17 and their market cap is $5.24B.

Essex Property Trust is a self-administered and self-managed REIT that acquires, develops, redevelops and manages apartment communities in selected residential areas located primarily in the West Coast of the United States.

Torchmark Corp. (NYSE:TMK) is currently trading at $49.08. TMK is trading 1.52% above its 50 day moving average and 17.18% above its 200 day moving average. TMK is -3.48% below its 52-week high and 51.17% above its 52-week low. TMK’s PE ratio is 10.33 and their market cap is $4.89B.

Torchmark Corporation is an insurance holding company, which provides a variety of life and supplemental health insurance products and to limited extent annuities, to middle income households throughout the United States.

Axis Capital Holdings Limited (NYSE:AXS) is currently trading at $33.81. AXS is trading 5.59% above its 50 day moving average and 13.04% above its 200 day moving average. AXS is -4.77% below its 52-week high and 39.59% above its 52-week low.

Axis Capital Holdings Ltd through its subsidiaries, provides a range of insurance and reinsurance products to insureds and reinsureds worldwide operations with main locations in Bermuda, the United States and Europe.

iShares Russell 2000 Growth Index (NYSE:IWO) is currently trading at $93.98. IWO is trading -0.19% below its 50 day moving average and 8.78% above its 200 day moving average. IWO is -4.71% below its 52-week high and 37.71% above its 52-week low.

The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Russell 2000 Growth Index (the underlying index). The fund generally invests at least 90% of its assets in securities of

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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.


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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