Stock Market Watch

These Stocks are Forming a Rising Wedge (Bearish) on May-17

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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.

Pfizer Inc. (NYSE:PFE) is currently trading at $22.64. PFE is trading 2.52% above its 50 day moving average and 13.12% above its 200 day moving average. PFE is -1.85% below its 52-week high and 40.28% above its 52-week low. PFE’s PE ratio is 21.36 and their market cap is $169.53B.

Pfizer Inc. is a research-based, global pharmaceutical company, which discovers, develops, manufactures and markets prescription medicines for humans and animals.


BHP Billiton plc (NYSE:BBL) is currently trading at $55.09. BBL’s RSI is currently at 26.92 which indicates that the stock is oversold. BBL is trading -10.43% below its 50 day moving average and -9.99% below its 200 day moving average. BBL is -29.64% below its 52-week high and 12.24% above its 52-week low. BBL’s PE ratio is 6.49 and their market cap is $146.64B.

BHP Billiton PLC is a diversified natural resources company. It operates nine Customer Sector Groups i.e. Petroleum, Aluminium, Base Metals, Iron Ore Diamonds and Specialty Products, Stainless Steel Materials, Manganese, Metallurgical Coal & Energy Coal.

Intel Corporation (NASDAQ:INTC) is currently trading at $26.50. INTC is trading -4.11% below its 50 day moving average and 8.64% above its 200 day moving average. INTC is -9.46% below its 52-week high and 41.71% above its 52-week low. INTC’s PE ratio is 11.23 and their market cap is $133.32B.

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 $45.37. GSK is trading 0.40% above its 50 day moving average and 5.72% above its 200 day moving average. GSK is -3.30% below its 52-week high and 22.15% above its 52-week low. GSK’s PE ratio is 14.09 and their market cap is $114.35B.

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.

Coca-Cola FEMSA S.A.B de C.V. (NYSE:KOF) is currently trading at $111.95. KOF is trading 6.97% above its 50 day moving average and 15.11% above its 200 day moving average. KOF is -0.93% below its 52-week high and 34.54% above its 52-week low. KOF’s PE ratio is 27.44 and their market cap is $22.23B.

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

T. Rowe Price Group Inc. (NASDAQ:TROW) is currently trading at $59.16. TROW is trading -5.67% below its 50 day moving average and 5.20% above its 200 day moving average. TROW is -10.36% below its 52-week high and 33.84% above its 52-week low. TROW’s PE ratio is 20.19 and their market cap is $15.09B.

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.

Edison International (NYSE:EIX) is currently trading at $44.18. EIX is trading 2.82% above its 50 day moving average and 11.61% above its 200 day moving average. EIX is -0.83% below its 52-week high and 38.64% above its 52-week low.

Edison International through its subsidiaries, is a generator and distributor of electric power and an investor in infrastructure and energy assets, including renewable energy.

SPDR Dow Jones Industrial Average (NYSE:DIA) is currently trading at $126.18. DIA is trading -2.97% below its 50 day moving average and 4.48% above its 200 day moving average. DIA is -5.23% below its 52-week high and 23.23% 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

Vanguard REIT Index ETF (NYSE:VNQ) is currently trading at $63.71. VNQ is trading 0.25% above its 50 day moving average and 10.41% above its 200 day moving average. VNQ is -4.47% below its 52-week high and 37.87% 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

iShares Dow Jones Select Dividend Index (NYSE:DVY) is currently trading at $55.09. DVY is trading -1.19% below its 50 day moving average and 5.69% above its 200 day moving average. DVY is -3.77% below its 52-week high and 26.34% 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 Dow Jones U.S. Select Dividend Index (the underlying index). The fund generally invests at least 90% of its assets in sec

Integrys Energy Group Inc. (NYSE:TEG) is currently trading at $53.75. TEG is trading 1.08% above its 50 day moving average and 6.15% above its 200 day moving average. TEG is -2.54% below its 52-week high and 30.89% above its 52-week low. TEG’s PE ratio is 21.08 and their market cap is $4.21B.

Integrys Energy Group is a holding company for its regulated utility and nonregulated business units.

Arthur J Gallagher & Co. (NYSE:AJG) is currently trading at $35.08. AJG is trading -2.02% below its 50 day moving average and 11.52% above its 200 day moving average. AJG is -8.26% below its 52-week high and 49.03% above its 52-week low. AJG’s PE ratio is 25.24 and their market cap is $4.16B.

Arthur J. Gallagher & Co. and its subsidiaries are engaged in providing insurance brokerage and third-party claims settlement and administration services to entities in the U.S. and abroad.

Vanguard Value ETF (NYSE:VTV) is currently trading at $54.45. VTV is trading -3.95% below its 50 day moving average and 3.97% above its 200 day moving average. VTV is -6.49% below its 52-week high and 24.12% above its 52-week low.

The investment seeks to replicate, net of expenses, the MSCI US Prime Market Value Index. The fund generally invests all, or substantially all, of its assets in the stocks that make up the index, holding each stock in approximately the same proportion as i

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.

RPM International Inc. (NYSE:RPM) is currently trading at $26.09. RPM is trading 0.95% above its 50 day moving average and 14.43% above its 200 day moving average. RPM is -5.01% below its 52-week high and 55.95% above its 52-week low. RPM’s PE ratio is 16.72 and their market cap is $3.43B.

RPM International Inc. manufactures, markets and sells various specialty chemical product lines, including high-quality specialty paints, protective coatings, roofing systems, sealants and adhesives.

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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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