Stock Market Watch

These Stocks are Forming a Falling Wedge (Bullish) on Mar-1

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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.

Canon Inc. (NYSE:CAJ) is currently trading at $45.34. CAJ is trading 2.58% above its 50 day moving average and -0.08% below its 200 day moving average. CAJ is -9.32% below its 52-week high and 8.73% above its 52-week low. CAJ’s PE ratio is 17.92 and their market cap is $60.47B.

Canon, Inc. is a manufacturer of network digital multifunction devices, plain paper copying machines, laser beam printers, inkjet printers, cameras and steppers.


iPath DJ-UBS Sugar TR Sub-Idx ETN (NYSE:SGG) is currently trading at $91.03. SGG is trading 7.42% above its 50 day moving average and 3.00% above its 200 day moving average. SGG is -14.97% below its 52-week high and 39.32% above its 52-week low.

The investment seeks to replicate, net of expenses, the Dow Jones-UBS Sugar Total Return Sub-Index. The index is intended to reflect the returns that are potentially available through an unleveraged investment in sugar futures contracts as well as the rate

Kinross Gold Corporation (NYSE:KGC) is currently trading at $11.08. KGC is trading -2.80% below its 50 day moving average and -22.82% below its 200 day moving average. KGC is -39.09% below its 52-week high and 11.24% above its 52-week low.

Kinross Gold Corporation is mainly engaged in the mining and processing of gold and, as a by-product, silver ore and the exploration for, and the acquisition of, gold bearing properties in the Americas, the Russian Federation and worldwide.

Market Vectors Gold Miners ETF (NYSE:GDX) is currently trading at $55.40. GDX is trading 2.17% above its 50 day moving average and -2.66% below its 200 day moving average. GDX is -17.05% below its 52-week high and 12.56% 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

Precision Drilling Corporation (NYSE:PDS) is currently trading at $12.11. PDS is trading 13.82% above its 50 day moving average and -0.80% below its 200 day moving average. PDS is -33.39% below its 52-week high and 61.04% above its 52-week low. PDS’s PE ratio is 46.58 and their market cap is $3.34B.

Precision Drilling Trust, through its subsidiaries, provides contract drilling, and completion and production services to the oil and gas exploration and production companies in Canada, the United States and internationally.

Pan American Silver Corp. (NASDAQ:PAAS) is currently trading at $25.05. PAAS is trading 7.29% above its 50 day moving average and -10.52% below its 200 day moving average. PAAS is -41.67% below its 52-week high and 25.69% above its 52-week low. PAAS’s PE ratio is 7.64 and their market cap is $2.62B.

Pan American Silver Corporation is engaged in silver mining and related activities, including exploration, mine development, extraction, processing, refining and reclamation.

EXCO Resources Inc. (NYSE:XCO) is currently trading at $7.13. XCO is trading -15.25% below its 50 day moving average and -44.29% below its 200 day moving average. XCO is -65.80% below its 52-week high and 5.16% above its 52-week low. XCO’s PE ratio is 79.22 and their market cap is $1.53B.

EXCO Resources, Inc. is an independent oil and natural gas company, which is engaged in the acquisition, development and exploitation of onshore North American oil and natural gas properties.

Aurizon Mines Ltd. (NYSE:AZK) is currently trading at $5.32. AZK is trading 1.74% above its 50 day moving average and -6.63% below its 200 day moving average. AZK is -31.27% below its 52-week high and 17.44% above its 52-week low. AZK’s PE ratio is 29.56 and their market cap is $867.85M.

The Company is a gold producer with a growth strategy focused on developing its existing projects in the Abitibi region of north-western Quebec.

FNB United Corp. (NASDAQ:FNBN) is currently trading at $14.97. FNBN is trading 12.74% above its 50 day moving average and -49.42% below its 200 day moving average. FNBN is -80.04% below its 52-week high and 36.34% above its 52-week low.

FNB United Corp., through its subsidiaries offers a complete line of consumer, mortgage and business banking services, including loan, deposit, cash management, investment management and trust services, to individual and business customers.

Alon Holdings Blue Square – Israel Ltd (NYSE:BSI) is currently trading at $3.51. BSI’s RSI is currently at 24.75 which indicates that the stock is oversold. BSI is trading -14.31% below its 50 day moving average and -39.50% below its 200 day moving average. BSI is -65.29% below its 52-week high and 0.29% above its 52-week low. BSI’s PE ratio is 6.88 and their market cap is $231.48M.

Alon Holdings Blue Square – Israel Ltd operates as a food retailer in Israel. It operates in the ‘Non-Food’ sector, selling ‘Non-Food’ items both in its supermarkets and in stand alone retail outlets. It operates in the commercial real estate sector.

Harvest Natural Resources Inc. (NYSE:HNR) is currently trading at $6.62. HNR is trading -3.39% below its 50 day moving average and -32.06% below its 200 day moving average. HNR is -62.08% below its 52-week high and 8.35% above its 52-week low.

Harvest Natural Resources, Inc. is an independent energy company engaged in the acquisition, exploration, development, production and disposition of oil and natural gas properties.

Medallion Financial Corp. (NASDAQ:TAXI) is currently trading at $10.95. TAXI is trading -1.62% below its 50 day moving average and 7.86% above its 200 day moving average. TAXI is -11.59% below its 52-week high and 49.89% above its 52-week low. TAXI’s PE ratio is 10.63 and their market cap is $193.38M.

Medallion Financial Corp. is a specialty finance company that originates, acquires, and services loans that finance taxicab medallions and various types of commercial businesses.

Learning Tree International Inc. (NASDAQ:LTRE) is currently trading at $5.84. LTRE is trading -5.83% below its 50 day moving average and -24.77% below its 200 day moving average. LTRE is -44.75% below its 52-week high and 22.69% above its 52-week low. LTRE’s PE ratio is 25.39 and their market cap is $78.90M.

Learning Tree International, Inc. is a worldwide vendor-independent provider to business and government organizations for the training and education of their managers and information technology professionals.

Navarre Corp. (NASDAQ:NAVR) is currently trading at $1.70. NAVR is trading 10.33% above its 50 day moving average and -0.08% below its 200 day moving average. NAVR is -19.81% below its 52-week high and 29.77% above its 52-week low.

Navarre Corporation distributes and publishes a wide range of computer software, home entertainment and multimedia products and provides value-added services to third-party publishers.

UQM Technologies Inc. (NYSE:UQM) is currently trading at $1.60. UQM is trading -0.52% below its 50 day moving average and -15.29% below its 200 day moving average. UQM is -52.66% below its 52-week high and 25.00% above its 52-week low.

UQM Technologies, Inc. is a developer and manufacturer of power dense, high efficiency electric motors, generators and power electronic controllers for the automotive, aerospace, military and industrial markets.

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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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