AlertWire
Recognia Inc. scans the stock markets daily to identify classic patterns and other technical events, providing investors with objective and actionable investment research to improve their trading decisions.
Updated: 4 min 56 sec ago
AK Steel Holding Corp forms bearish "Descending Continuation Triangle" chart pattern
A "Descending Continuation Triangle" chart pattern formed on AK Steel Holding Corp (AKS on NYSE). This bearish signal indicates that the stock price may fall from $6.49 (May 16 close price) to the range of $2.80 - $3.50. The pattern formed over 151 days which is roughly the period of time in which the target price range may be achieved.
Direxion Daily Small Cap Bear 3X Shares ETF forms bullish "Double Bottom" chart pattern
A "Double Bottom" chart pattern formed on Direxion Daily Small Cap Bear 3X Shares ETF (TZA on NYSE). This bullish signal indicates that the stock price may rise from $21.21 (May 16 close price) to the range of $24.70 - $25.60. The pattern formed over 50 days which is roughly the period of time in which the target price range may be achieved.
E-Commerce China Dangdang ADR Representing Five Ord Shs Class A forms bullish "Continuation Wedge" chart pattern
A "Continuation Wedge (Bullish)" chart pattern formed on E-Commerce China Dangdang ADR Representing Five Ord Shs Class A (DANG on NYSE). This bullish signal indicates that the stock price may rise from $7.49 (May 16 close price) to the range of $11.40 - $12.40. The pattern formed over 26 days which is roughly the period of time in which the target price range may be achieved.
J C Penney Company Inc forms bearish "Descending Continuation Triangle" chart pattern
A "Descending Continuation Triangle" chart pattern formed on J C Penney Company Inc (JCP on NYSE). This bearish signal indicates that the stock price may fall from $26.75 (May 16 close price) to the range of $27.40 - $28.30. The pattern formed over 26 days which is roughly the period of time in which the target price range may be achieved.
Keycorp forms bearish "Megaphone Top" chart pattern
A "Megaphone Top" chart pattern formed on Keycorp (KEY on NYSE). This bearish signal indicates that the stock price may fall from $7.51 (May 16 close price) to the range of $6.30 - $6.50. The pattern formed over 89 days which is roughly the period of time in which the target price range may be achieved.
Renren ADR Representing 3 Ord Shs Class A forms bullish "Continuation Wedge" chart pattern
A "Continuation Wedge (Bullish)" chart pattern formed on Renren ADR Representing 3 Ord Shs Class A (RENN on NYSE). This bullish signal indicates that the stock price may rise from $6.25 (May 16 close price) to the range of $8.40 - $8.90. The pattern formed over 22 days which is roughly the period of time in which the target price range may be achieved.
Sandisk Corp forms bearish "Descending Continuation Triangle" chart pattern
A "Descending Continuation Triangle" chart pattern formed on Sandisk Corp (SNDK on NASDAQ). This bearish signal indicates that the stock price may fall from $33.46 (May 16 close price) to the range of $30.20 - $31.00. The pattern formed over 18 days which is roughly the period of time in which the target price range may be achieved.
Sonic Corp forms bullish "Double Bottom" chart pattern
A "Double Bottom" chart pattern formed on Sonic Corp (SONC on NASDAQ). This bullish signal indicates that the stock price may rise from $7.55 (May 16 close price) to the range of $8.05 - $8.20. The pattern formed over 29 days which is roughly the period of time in which the target price range may be achieved.
Threshold Pharmaceuticals Inc forms bullish "Continuation Wedge" chart pattern
A "Continuation Wedge (Bullish)" chart pattern formed on Threshold Pharmaceuticals Inc (THLD on NASDAQ). This bullish signal indicates that the stock price may rise from $7.00 (May 16 close price) to the range of $9.40 - $10.10. The pattern formed over 33 days which is roughly the period of time in which the target price range may be achieved.
United Micro Electronics ADR Rep 5 Ord Shs forms bearish "Descending Continuation Triangle" chart pattern
A "Descending Continuation Triangle" chart pattern formed on United Micro Electronics ADR Rep 5 Ord Shs (UMC on NYSE). This bearish signal indicates that the stock price may fall from $2.35 (May 16 close price) to the range of $2.22 - $2.26. The pattern formed over 16 days which is roughly the period of time in which the target price range may be achieved.
Ariad Pharmaceuticals Inc forms bullish "Ascending Continuation Triangle" chart pattern
An "Ascending Continuation Triangle" chart pattern formed on Ariad Pharmaceuticals Inc (ARIA on NASDAQ). This bullish signal indicates that the stock price may rise from $17.27 (May 15 close price) to the range of $20.00 - $20.60. The pattern formed over 34 days which is roughly the period of time in which the target price range may be achieved.
Cabot Oil and Gas Corp forms bearish "Continuation Wedge" chart pattern
A "Continuation Wedge (Bearish)" chart pattern formed on Cabot Oil and Gas Corp (COG on NYSE). This bearish signal indicates that the stock price may fall from $34.00 (May 15 close price) to the range of $25.75 - $27.25. The pattern formed over 16 days which is roughly the period of time in which the target price range may be achieved.
Darden Restaurants Inc forms bullish "Continuation Diamond" chart pattern
A "Continuation Diamond (Bullish)" chart pattern formed on Darden Restaurants Inc (DRI on NYSE). This bullish signal indicates that the stock price may rise from $51.51 (May 15 close price) to the range of $63.00 - $66.00. The pattern formed over 375 days which is roughly the period of time in which the target price range may be achieved.
Dow Chemical Co forms bearish "Double Top" chart pattern
A "Double Top" chart pattern formed on Dow Chemical Co (DOW on NYSE). This bearish signal indicates that the stock price may fall from $30.87 (May 15 close price) to the range of $26.50 - $27.40. The pattern formed over 88 days which is roughly the period of time in which the target price range may be achieved.
OPNET Technologies Inc forms bullish "Double Bottom" chart pattern
A "Double Bottom" chart pattern formed on OPNET Technologies Inc (OPNT on NASDAQ). This bullish signal indicates that the stock price may rise from $27.35 (May 15 close price) to the range of $25.50 - $25.90. The pattern formed over 24 days which is roughly the period of time in which the target price range may be achieved.
ProShares UltraShort Dow 30 ETF forms bullish "Double Bottom" chart pattern
A "Double Bottom" chart pattern formed on ProShares UltraShort Dow 30 ETF (DXD on NYSE). This bullish signal indicates that the stock price may rise from $55.29 (May 15 close price) to the range of $60.00 - $61.00. The pattern formed over 49 days which is roughly the period of time in which the target price range may be achieved.
ProShares UltraShort Russell 2000 ETF forms bullish "Double Bottom" chart pattern
A "Double Bottom" chart pattern formed on ProShares UltraShort Russell 2000 ETF (TWM on NYSE). This bullish signal indicates that the stock price may rise from $33.12 (May 15 close price) to the range of $37.40 - $38.30. The pattern formed over 49 days which is roughly the period of time in which the target price range may be achieved.
SPDR Dow Jones Industrial Average ETF forms bearish "Megaphone Top" chart pattern
A "Megaphone Top" chart pattern formed on SPDR Dow Jones Industrial Average ETF (DIA on NYSE). This bearish signal indicates that the stock price may fall from $126.31 (May 15 close price) to the range of $120.00 - $121.25. The pattern formed over 42 days which is roughly the period of time in which the target price range may be achieved.
Southwestern Energy Co forms bearish "Symmetrical Continuation Triangle" chart pattern
A "Symmetrical Continuation Triangle (Bearish)" chart pattern formed on Southwestern Energy Co (SWN on NYSE). This bearish signal indicates that the stock price may fall from $28.63 (May 15 close price) to the range of $22.50 - $23.75. The pattern formed over 16 days which is roughly the period of time in which the target price range may be achieved.
United Rentals Inc forms bearish "Diamond Top" chart pattern
A "Diamond Top" chart pattern formed on United Rentals Inc (URI on NYSE). This bearish signal indicates that the stock price may fall from $39.19 (May 15 close price) to the range of $29.00 - $31.00. The pattern formed over 64 days which is roughly the period of time in which the target price range may be achieved.





