These Stocks are Forming a Rising Wedge (Bearish) on May-24









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 $22.14 up 0.23% in today’s trading. PFE is trading -0.22% below its 50 day moving average and 9.88% above its 200 day moving average. PFE is -4.02% below its 52-week high and 37.19% above its 52-week low. PFE’s PE ratio is 20.89 and their market cap is $165.79B.

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


Prudential plc (NYSE:PUK) is currently trading at $21.55 up 1.84% in today’s trading. PUK is trading -8.47% below its 50 day moving average and 4.13% above its 200 day moving average. PUK is -14.14% below its 52-week high and 45.09% above its 52-week low. PUK’s PE ratio is 11.59 and their market cap is $27.49B.

Prudential PLC is an international financial services group, providing retail financial services in the markets in which it operates mainly the United Kingdom, the United States and Asia.

NextEra Energy Inc. (NYSE:NEE) is currently trading at $65.03 up 0.14% in today’s trading. NEE is trading 3.33% above its 50 day moving average and 12.51% above its 200 day moving average. NEE is -1.47% below its 52-week high and 36.77% above its 52-week low. NEE’s PE ratio is 12.85 and their market cap is $27.12B.

NextEra Energy, Inc. is a provider of electricity-related services with two operating subsidiaries, FPL and FPL Energy.

Precision Castparts Corp. (NYSE:PCP) is currently trading at $168.27 down -0.47% in today’s trading. PCP is trading -2.22% below its 50 day moving average and 1.63% above its 200 day moving average. PCP is -6.22% below its 52-week high and 23.76% above its 52-week low. PCP’s PE ratio is 19.87 and their market cap is $24.43B.

Precision Castparts Corp. is a manufacturer of complex metal components and products, provides high-quality investment castings, forgings and fasteners/fastener systems for critical aerospace and industrial gas turbine applications.

Coca-Cola FEMSA S.A.B de C.V. (NYSE:KOF) is currently trading at $108.59 down -0.99% in today’s trading. KOF is trading 2.93% above its 50 day moving average and 11.23% above its 200 day moving average. KOF is -3.90% below its 52-week high and 30.50% above its 52-week low. KOF’s PE ratio is 27.08 and their market cap is $21.56B.

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

The Allstate Corporation (NYSE:ALL) is currently trading at $33.43 up 1.03% in today’s trading. ALL is trading 0.90% above its 50 day moving average and 17.82% above its 200 day moving average. ALL is -4.46% below its 52-week high and 52.47% above its 52-week low. ALL’s PE ratio is 16.00 and their market cap is $16.43B.

The Allstate Corporation is engaged in the personal property and casualty insurance business and the life insurance, retirement and investment products business.

Edison International (NYSE:EIX) is currently trading at $44.85 up 0.38% in today’s trading. EIX is trading 4.02% above its 50 day moving average and 12.62% above its 200 day moving average. EIX is -0.33% below its 52-week high and 40.74% 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.

Beam Inc. (NYSE:BEAM) is currently trading at $57.54 up 2.09% in today’s trading. BEAM is trading 0.35% above its 50 day moving average and 7.90% above its 200 day moving average. BEAM is -10.75% below its 52-week high and 37.57% above its 52-week low. BEAM’s PE ratio is 61.87 and their market cap is $9.07B.

Beam Inc is a premium spirits company that makes and sells branded distilled spirits products in major markets worldwide.

Dr Pepper Snapple Group Inc. (NYSE:DPS) is currently trading at $40.76 down -0.88% in today’s trading. DPS is trading 2.14% above its 50 day moving average and 7.41% above its 200 day moving average. DPS is -3.07% below its 52-week high and 21.68% above its 52-week low. DPS’s PE ratio is 14.99 and their market cap is $8.63B.

Dr Pepper Snapple Group, Inc. is an integrated brand owner, manufacturer and distributor of non-alcoholic beverages in the United States, Canada and Mexico with a diverse portfolio of flavored carbonated soft drinks and non-carbonated beverages.

Coca-Cola Enterprises Inc. (NYSE:CCE) is currently trading at $27.48 up 0.96% in today’s trading. CCE is trading -3.61% below its 50 day moving average and 2.92% above its 200 day moving average. CCE is -10.58% below its 52-week high and 20.67% above its 52-week low. CCE’s PE ratio is 11.79 and their market cap is $8.24B.

Coca-Cola Enterprises Inc markets, produces & distributes soft drinks to customers through license territories in 46 states in the U.S, the District of Columbia, the U.S. Virgin Islands and certain Caribbean islands, and the 10 provinces of Canada.

CNA Financial Corporation (NYSE:CNA) is currently trading at $28.71 up 0.53% in today’s trading. CNA is trading -2.10% below its 50 day moving average and 8.72% above its 200 day moving average. CNA is -8.41% below its 52-week high and 37.19% above its 52-week low. CNA’s PE ratio is 12.06 and their market cap is $7.73B.

CNA Financial Corporation serves a variety of customers, including small, medium and large businesses; associations; professionals; and groups and individuals with a range of insurance and risk management products and services.

Huntington Bancshares Incorporated (NASDAQ:HBAN) is currently trading at $6.49 up 2.20% in today’s trading. HBAN is trading 0.75% above its 50 day moving average and 16.83% above its 200 day moving average. HBAN is -4.98% below its 52-week high and 48.77% above its 52-week low. HBAN’s PE ratio is 10.47 and their market cap is $5.61B.

Huntington Bancshares, Inc. is a multi-state financial holding company, which provides various financial services through its subsidiary, The Huntington National Bank.

Axis Capital Holdings Limited (NYSE:AXS) is currently trading at $33.62 down -0.06% in today’s trading. AXS is trading 0.11% above its 50 day moving average and 10.10% above its 200 day moving average. AXS is -4.27% below its 52-week high and 38.80% above its 52-week low. AXS’s PE ratio is 8.34 and their market cap is $4.35B.

Axis Capital Holdings Ltd through its subsidiaries, provides a range of insurance and reinsurance products to insureds and reinsureds worldwide operations with main locations in Bermuda, the United States and Europe.

Integrys Energy Group Inc. (NYSE:TEG) is currently trading at $54.76 up 0.88% in today’s trading. TEG is trading 2.92% above its 50 day moving average and 7.71% above its 200 day moving average. TEG is -0.71% below its 52-week high and 33.35% above its 52-week low. TEG’s PE ratio is 21.47 and their market cap is $4.29B.

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

Dunkin’ Brands Group Inc. (NASDAQ:DNKN) is currently trading at $32.72 up 0.31% in today’s trading. DNKN is trading 4.14% above its 50 day moving average and 17.37% above its 200 day moving average. DNKN is -3.22% below its 52-week high and 42.13% above its 52-week low. DNKN’s PE ratio is 64.16 and their market cap is $3.94B.

Dunkin Brands Group Holdings Inc is in the business of franchisor of quick service restaurants serving hot and cold coffee and baked goods, as well as hard serve ice cream.








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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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