Stock Market Watch

Stocks Reaching Trendline Resistance (Bearish) on May-17

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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.

Archer Daniels Midland Company (NYSE:ADM) is currently trading at $32.30. ADM is trading 2.51% above its 50 day moving average and 11.20% above its 200 day moving average. ADM is -4.43% below its 52-week high and 38.65% above its 52-week low. ADM’s PE ratio is 16.23 and their market cap is $21.27B.

Archer Daniels Midland Company is a processor of oilseeds, corn, wheat, cocoa, and other feedstuffs and is a manufacturer of vegetable oil and protein meal, corn sweeteners, flour, biodiesel, ethanol, and other value-added food and feed ingredients.


Discovery Communications Inc. (NASDAQ:DISCA) is currently trading at $51.19. DISCA is trading 1.08% above its 50 day moving average and 17.06% above its 200 day moving average. DISCA is -7.52% below its 52-week high and 47.31% above its 52-week low. DISCA’s PE ratio is 17.65 and their market cap is $14.55B.

Discovery Communications, Inc. is a global media and entertainment company that provides original and purchased programming across multiple distribution platforms in the United States ‘U.S.’ and more than 170 other countries.

Ross Stores Inc. (NASDAQ:ROST) is currently trading at $62.21. ROST is trading 5.00% above its 50 day moving average and 29.27% above its 200 day moving average. ROST is -3.98% below its 52-week high and 87.23% above its 52-week low. ROST’s PE ratio is 21.75 and their market cap is $14.09B.

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.

Airgas Inc. (NYSE:ARG) is currently trading at $89.23. ARG is trading 0.74% above its 50 day moving average and 17.81% above its 200 day moving average. ARG is -4.11% below its 52-week high and 55.90% above its 52-week low. ARG’s PE ratio is 22.31 and their market cap is $6.81B.

Airgas, Inc. through its subsidiaries, is a distributor of industrial, medical, and specialty gases and hardgoods, such as welding equipment and supplies.

Alliance Data Systems Corporation (NYSE:ADS) is currently trading at $125.72. ADS is trading -0.24% below its 50 day moving average and 16.96% above its 200 day moving average. ADS is -3.78% below its 52-week high and 56.41% above its 52-week low. ADS’s PE ratio is 21.79 and their market cap is $6.33B.

Alliance Data Systems Corporation is a provider of data-driven and transaction-based marketing and customer loyalty solutions.

SCANA Corp. (NYSE:SCG) is currently trading at $46.36. SCG is trading 2.36% above its 50 day moving average and 9.60% above its 200 day moving average. SCG is -0.92% below its 52-week high and 38.58% above its 52-week low. SCG’s PE ratio is 15.99 and their market cap is $6.05B.

Scana Corporation is engaged in the generation & sale of electricity and in the purchase, sale & transportation of natural gas to its customers. It also conducts other energy-related businesses & provides fiber optic communications in South Carolina.

Equifax Inc. (NYSE:EFX) is currently trading at $46.18. EFX is trading 3.86% above its 50 day moving average and 22.45% above its 200 day moving average. EFX is -2.24% below its 52-week high and 63.86% above its 52-week low. EFX’s PE ratio is 23.09 and their market cap is $5.56B.

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

Lennar Corp. (NYSE:LEN) is currently trading at $29.27. LEN is trading 9.43% above its 50 day moving average and 46.11% above its 200 day moving average. LEN is -2.82% below its 52-week high and 142.58% above its 52-week low. LEN’s PE ratio is 71.39 and their market cap is $5.54B.

Lennar Corporation is a builder of quality homes for all generations. The Company builds affordable, move-up and retirement homes primarily under the Lennar brand name.

Brookfield Infrastructure Partners L.P. (NYSE:BIP) is currently trading at $31.17. BIP is trading 0.90% above its 50 day moving average and 13.94% above its 200 day moving average. BIP is -3.23% below its 52-week high and 44.43% above its 52-week low. BIP’s PE ratio is 10.98 and their market cap is $4.87B.

Brookfield Infrastructure Partners LP is engaged in the ownership and operation of electricity transmission systems and timberlands. Its current operations consist of utility businesses, transport and energy businesses and freehold timberlands.

Lincoln Electric Holdings Inc. (NASDAQ:LECO) is currently trading at $48.20. LECO is trading 3.12% above its 50 day moving average and 22.62% above its 200 day moving average. LECO is -4.23% below its 52-week high and 81.01% above its 52-week low. LECO’s PE ratio is 17.34 and their market cap is $4.03B.

Lincoln Electric Holdings, Inc. is a manufacturer & reseller of welding and cutting products. Welding products include arc welding power sources, wire feeding systems, robotic welding packages, fume extraction equipment, consumable electrodes and fluxes.

Newfield Exploration Co. (NYSE:NFX) is currently trading at $29.57. NFX’s RSI is currently at 25.60 which indicates that the stock is oversold. NFX is trading -13.69% below its 50 day moving average and -26.62% below its 200 day moving average. NFX is -60.84% below its 52-week high and 0.07% above its 52-week low. NFX’s PE ratio is 5.94 and their market cap is $3.99B.

Newfield Exploration Company is an independent oil and gas company, which is engaged in the exploration, development and acquisition of natural gas and crude oil properties.

Fortune Brands Home & Security Inc. (NYSE:FBHS) is currently trading at $23.55. FBHS is trading 8.52% above its 50 day moving average and 31.82% above its 200 day moving average. FBHS is -2.32% below its 52-week high and 114.09% above its 52-week low.

Fortune Brands Home & Security Inc designs, manufactures and sells products in the following categories: kitchen and bath cabinetry, plumbing and accessories, advanced material windows products and entry door systems and security and storage products.

China Eastern Airlines Corp. Ltd. (NYSE:CEA) is currently trading at $15.52. CEA is trading -6.76% below its 50 day moving average and -16.89% below its 200 day moving average. CEA is -40.12% below its 52-week high and 17.13% above its 52-week low. CEA’s PE ratio is 4.82 and their market cap is $3.50B.

China Eastern Airlines Corporation Limited (China Eastern) is an air carrier operating in China. The primary focus of the Company’s business is the provision of domestic, regional and international passenger airline services.

Penn National Gaming Inc. (NASDAQ:PENN) is currently trading at $45.50. PENN is trading 3.69% above its 50 day moving average and 15.63% above its 200 day moving average. PENN is -2.11% below its 52-week high and 43.62% above its 52-week low. PENN’s PE ratio is 18.06 and their market cap is $3.48B.

Penn National Gaming, Inc. is a diversified, multi-jurisdictional owner and manager of gaming and pari-mutuel properties. The Company owns or manages around 19 facilities in 15 jurisdictions, including Colorado, Florida, Illinois, Indiana etc.

TW Telecom Inc. (NASDAQ:TWTC) is currently trading at $22.59. TWTC is trading 2.35% above its 50 day moving average and 15.34% above its 200 day moving average. TWTC is -5.04% below its 52-week high and 46.50% above its 52-week low. TWTC’s PE ratio is 53.79 and their market cap is $3.40B.

tw telecom inc. is a national provider of managed network services specializing in Ethernet and data networking, Internet access, local and long distance voice, VPN, VoIP and network security services.

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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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