These Stocks are Forming a Rising Wedge (Bearish) on Apr-26


An upward wedge has formed in the following stocks.This is a bearish pattern found when the price moves higher but the trading range narrows.

Chevron Corporation (NYSE:CVX) is currently trading at $106.22 up 2.28% in today’s trading. CVX is trading -0.48% below its 50 day moving average and 4.28% above its 200 day moving average. CVX is -5.40% below its 52-week high and 24.57% above its 52-week low. CVX’s PE ratio is 7.90 and their market cap is $209.54B.

Chevron Corporation provides administrative, financial, management and technology support to U.S. and international subsidiaries that engage operations of petroleum, chemicals, mining, power generation and energy services.


Procter & Gamble Co. (NYSE:PG) is currently trading at $66.87 down -0.03% in today’s trading. PG is trading 0.19% above its 50 day moving average and 4.58% above its 200 day moving average. PG is -1.59% below its 52-week high and 18.06% above its 52-week low. PG’s PE ratio is 19.67 and their market cap is $184.19B.

Procter & Gamble Company is focused on providing branded consumer packaged goods. It markets its products in more than 180 countries.

Intel Corporation (NASDAQ:INTC) is currently trading at $28.22 up 1.29% in today’s trading. INTC is trading 2.59% above its 50 day moving average and 16.96% above its 200 day moving average. INTC is -1.95% below its 52-week high and 49.82% above its 52-week low. INTC’s PE ratio is 11.96 and their market cap is $141.32B.

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

GlaxoSmithKline plc (NYSE:GSK) is currently trading at $46.20 up 0.43% in today’s trading. GSK is trading 2.17% above its 50 day moving average and 7.20% above its 200 day moving average. GSK is -2.70% below its 52-week high and 22.90% above its 52-week low. GSK’s PE ratio is 13.83 and their market cap is $116.49B.

GlaxoSmithKline PLC is the global healthcare Group which is engaged in the creation and discovery, development, manufacture and marketing of pharmaceutical products including vaccines, over-the-counter medicines and health-related consumer products.

E. I. du Pont de Nemours and Company (NYSE:DD) is currently trading at $53.74 down -0.11% in today’s trading. DD is trading 3.26% above its 50 day moving average and 12.28% above its 200 day moving average. DD is -2.53% below its 52-week high and 47.31% above its 52-week low. DD’s PE ratio is 14.37 and their market cap is $50.25B.

E.I. du Pont de Nemours & Company operates globally and offers a range of products and services for markets including agriculture and food, building and construction, electronics and communications, general industrial, and transportation.

Simon Property Group Inc. (NYSE:SPG) is currently trading at $152.19 down -0.32% in today’s trading. SPG is trading 7.03% above its 50 day moving average and 21.04% above its 200 day moving average. SPG is -0.33% below its 52-week high and 56.06% above its 52-week low. SPG’s PE ratio is 43.73 and their market cap is $46.12B.

Simon Property Group, Inc. operates as a self-administered and self-managed real estate investment trust which owns, develops and manages retail real estate properties.

Coca-Cola FEMSA S.A.B de C.V. (NYSE:KOF) is currently trading at $106.22 down -0.63% in today’s trading. KOF is trading 3.59% above its 50 day moving average and 10.41% above its 200 day moving average. KOF is -2.44% below its 52-week high and 27.65% above its 52-week low. KOF’s PE ratio is 25.11 and their market cap is $21.09B.

The Company produces, markets and distributes Coca-Cola trademark beverages, proprietary brands and brands licensed from third parties.

Intuit Inc. (NASDAQ:INTU) is currently trading at $57.60 up 0.35% in today’s trading. INTU is trading -1.89% below its 50 day moving average and 9.64% above its 200 day moving average. INTU is -7.36% below its 52-week high and 45.70% above its 52-week low. INTU’s PE ratio is 26.42 and their market cap is $16.99B.

Intuit Inc. is the provider of business and financial management solutions for small and medium-sized businesses, consumers, accounting professionals and financial institutions.

Aetna Inc. (NYSE:AET) is currently trading at $45.31 down -8.21% in today’s trading. AET is trading -4.21% below its 50 day moving average and 8.23% above its 200 day moving average. AET is -11.08% below its 52-week high and 37.12% above its 52-week low. AET’s PE ratio is 8.71 and their market cap is $15.79B.

Aetna Inc. is a health care benefit company, which offers traditional and consumer-directed health insurance products and related services, including medical, pharmacy, dental, behavioral health, group life and disability plans.

SPDR Dow Jones Industrial Average (NYSE:DIA) is currently trading at $131.85 up 0.93% in today’s trading. DIA is trading 1.63% above its 50 day moving average and 9.71% above its 200 day moving average. DIA is -0.51% below its 52-week high and 28.77% above its 52-week low.

The investment seeks to replicate, net of expenses, the Dow Jones Industrial Average (DJIA). The fund holds the portfolio and cash. The portfolio consists of as many of index securities as is practicable. To maintain the correspondence between the composit

Maxim Integrated Products Inc. (NASDAQ:MXIM) is currently trading at $27.60 up 0.99% in today’s trading. MXIM is trading -1.35% below its 50 day moving average and 8.74% above its 200 day moving average. MXIM is -5.64% below its 52-week high and 37.44% above its 52-week low. MXIM’s PE ratio is 17.25 and their market cap is $8.05B.

Maxim Integrated Products, Inc. engages in the design, development, manufacture, and marketing of various linear and mixed-signal integrated circuits/analog circuits worldwide.

Vanguard REIT Index ETF (NYSE:VNQ) is currently trading at $65.19 up 0.25% in today’s trading. VNQ is trading 4.70% above its 50 day moving average and 13.78% above its 200 day moving average. VNQ is 0.22% above its 52-week high and 41.07% above its 52-week low.

The investment seeks to provide a high level of income and moderate long-term capital appreciation by tracking the performance of a benchmark index that measures the performance of publicly traded equity REITs. The fund employs a passive managementor index

Realty Income Corp. (NYSE:O) is currently trading at $39.41 down -0.13% in today’s trading. O is trading 4.85% above its 50 day moving average and 15.24% above its 200 day moving average. O is -0.38% below its 52-week high and 45.84% above its 52-week low. O’s PE ratio is 39.02 and their market cap is $5.26B.

Realty Income Corporation organized to operate as an equity real estate investment trust, or REIT. The Company has in-house acquisition, leasing, legal, credit research, real estate research, portfolio management and capital markets expertise.

iShares Russell 2000 Value Index (NYSE:IWN) is currently trading at $72.09 up 0.78% in today’s trading. IWN is trading 0.51% above its 50 day moving average and 9.02% above its 200 day moving average. IWN is -4.42% below its 52-week high and 36.44% 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 200 Value Index (the underlying index). The fund generally invests at least 90% of its assets in securities of th

Universal Health Services Inc. (NYSE:UHS) is currently trading at $43.45 up 0.30% in today’s trading. UHS is trading 1.34% above its 50 day moving average and 7.14% above its 200 day moving average. UHS is -22.69% below its 52-week high and 38.94% above its 52-week low. UHS’s PE ratio is 10.78 and their market cap is $4.21B.

Universal Health Services, Inc. through its subsidiaries is engaged in the business of owning and operating, acute care hospitals, behavioral health centers, surgical hospitals, ambulatory surgery centers and radiation oncology centers.

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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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