Stock Market Watch

These Stocks are Forming a Falling Wedge (Bullish) on May-10

by ·


A downward wedge has formed in the following stocks.This is a bullish pattern found when the price moves lower but the trading range narrows.

Market Vectors Gold Miners ETF (NYSE:GDX) is currently trading at $43.09 up 0.16% in today’s trading. GDX is trading -11.25% below its 50 day moving average and -21.87% below its 200 day moving average. GDX is -35.48% below its 52-week high and 4.84% above its 52-week low.

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the NYSE Arca Gold Miners Index. The fund generally normally invests at least 80% of its total assets in common stocks and American depos


ProShares UltraShort QQQ (NYSE:QID) is currently trading at $33.16 up 0.64% in today’s trading. QID is trading 5.30% above its 50 day moving average and -21.76% below its 200 day moving average. QID is -48.06% below its 52-week high and 12.75% above its 52-week low.

The investment seeks daily results, net of expenses, which correspond to two times (200%) the inverse (opposite) of the daily performance of the NASDAQ-100 Index. The fund invests in derivatives that Proshares Advisors believe should have similar daily ret

Tellabs Inc. (NASDAQ:TLAB) is currently trading at $3.79 down -1.81% in today’s trading. TLAB is trading -2.55% below its 50 day moving average and -5.74% below its 200 day moving average. TLAB is -20.20% below its 52-week high and 4.41% above its 52-week low.

Tellabs, Inc. designs and markets equipment to telecommunications service providers worldwide. Tellabs operates three business segments: broadband, transport, and services.

RF Micro Devices Inc. (NASDAQ:RFMD) is currently trading at $3.97 down -0.50% in today’s trading. RFMD is trading -12.42% below its 50 day moving average and -29.24% below its 200 day moving average. RFMD is -49.68% below its 52-week high and 1.79% above its 52-week low.

RF Micro Devices, Inc. designs and manufactures of high-performance radio frequency (RF) components and compound semiconductors technologies.

Patriot Coal Corporation (NYSE:PCX) is currently trading at $5.20 down -2.07% in today’s trading. PCX is trading -16.93% below its 50 day moving average and -45.93% below its 200 day moving average. PCX is -79.42% below its 52-week high and 2.97% above its 52-week low.

The Company is a producer of coal in the eastern United States, with operations and coal reserves in Appalachia and the Illinois Basin.

Unitil Corp. (NYSE:UTL) is currently trading at $25.60 down -0.19% in today’s trading. UTL is trading -3.46% below its 50 day moving average and -1.78% below its 200 day moving average. UTL is -9.47% below its 52-week high and 11.16% above its 52-week low. UTL’s PE ratio is 16.84 and their market cap is $281.34M.

Unitil Corporation is in the business is the local distribution of electricity and natural gas throughout its service territories in the states of New Hampshire, Massachusetts and Maine.

Connecticut Water Service Inc. (NASDAQ:CTWS) is currently trading at $27.68 down -0.57% in today’s trading. CTWS is trading -1.80% below its 50 day moving average and 1.35% above its 200 day moving average. CTWS is -15.05% below its 52-week high and 18.23% above its 52-week low. CTWS’s PE ratio is 21.46 and their market cap is $243.31M.

Connecticut Water Service is a holding company which operates in three segments: Water Activities, Real Estate Transactions, and Services and Rentals.

Harvest Natural Resources Inc. (NYSE:HNR) is currently trading at $5.71 down -1.55% in today’s trading. HNR is trading -16.63% below its 50 day moving average and -33.14% below its 200 day moving average. HNR is -59.82% below its 52-week high and 3.63% above its 52-week low.

Hannans Reward Limited is a minerals exploration company, focused on the discovery of economic nickel, gold, iron and manganese deposits. The company’s projects are located exclusively within Western Australia.

The First Bancorp Inc. (NASDAQ:FNLC) is currently trading at $14.33 up 1.42% in today’s trading. FNLC is trading -0.75% below its 50 day moving average and 2.13% above its 200 day moving average. FNLC is -11.38% below its 52-week high and 27.71% above its 52-week low. FNLC’s PE ratio is 12.68 and their market cap is $141.01M.

The First Bancorp, Inc., through its wholly-owned subsidiary, provides a range of banking services to individual and corporate customers from fourteen offices in coastal Maine.

CryoLife Inc. (NYSE:CRY) is currently trading at $5.09 up 1.19% in today’s trading. CRY is trading -3.13% below its 50 day moving average and 1.68% above its 200 day moving average. CRY is -15.45% below its 52-week high and 27.25% above its 52-week low. CRY’s PE ratio is 21.21 and their market cap is $140.23M.

CryoLife, Inc. preserves and distributes human tissues; develops, manufactures and commercializes medical devices for cardiac and vascular transplant applications.

Hyperdynamics Corporation (NYSE:HDY) is currently trading at $0.77 down -3.74% in today’s trading. HDY is trading -31.80% below its 50 day moving average and -73.99% below its 200 day moving average. HDY is -86.32% below its 52-week high and 4.07% above its 52-week low.

HyperDynamics Corporation is an independent oil and gas exploration and production Company which provides energy for the future by exploring for, developing new, and re-establishing pre-existing sources of energy worldwide.

VSE Corp. (NASDAQ:VSEC) is currently trading at $23.33 up 0.47% in today’s trading. VSEC is trading -0.54% below its 50 day moving average and -5.01% below its 200 day moving average. VSEC is -23.96% below its 52-week high and 12.11% above its 52-week low. VSEC’s PE ratio is 5.31 and their market cap is $123.42M.

VSE Corporation provides program management, logistics, engineering, IT, construction program, and consulting services to the government, other government prime contractors, and commercial entities.

Pulse Electronics Corporation (NYSE:PULS) is currently trading at $2.11 down -1.86% in today’s trading. PULS is trading -11.31% below its 50 day moving average and -26.04% below its 200 day moving average. PULS is -63.75% below its 52-week high and 14.67% above its 52-week low.

Pulse Electronics Corp was incorporated in Pennsylvania on April 10, 1947. It is a producer of precision-engineered electronic components and modules.

Nanosphere Inc. (NASDAQ:NSPH) is currently trading at $1.81 up 4.02% in today’s trading. NSPH is trading -1.49% below its 50 day moving average and 13.54% above its 200 day moving average. NSPH is -32.71% below its 52-week high and 103.37% above its 52-week low.

Nanosphere, Inc. develops, manufactures and markets an advanced molecular diagnostics platform, the Verigene System, which enables simple, low cost, and highly sensitive genomic and protein testing on a single platform.

Trunkbow International Holdings Ltd. (NASDAQ:TBOW) is currently trading at $1.89 up 2.16% in today’s trading. TBOW is trading 4.94% above its 50 day moving average and -16.42% below its 200 day moving average. TBOW is -55.53% below its 52-week high and 44.27% above its 52-week low. TBOW’s PE ratio is 4.20 and their market cap is $69.57M.

Trunkbow International Holdings Limited is a mobile application enabler, focused on providing telecom operators in China, with application platforms on which to offer Mobile Value Added Solutions and Mobile Payment Solutions to their subscribers.

More Posts by this author

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.


Tags:

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.

You may also like...