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: 57 min 16 sec ago
Abercrombie and Fitch Ord Class A forms bullish "Ascending Continuation Triangle" chart pattern
An "Ascending Continuation Triangle" chart pattern formed on Abercrombie and Fitch Ord Class A (ANF on NYSE). This bullish signal indicates that the stock price may rise from $52.07 (May 7 close price) to the range of $54.00 - $54.90. The pattern formed over 18 days which is roughly the period of time in which the target price range may be achieved.
Alcatel Lucent ADR Reptg 1 Ord Shs forms bullish "Continuation Wedge" chart pattern
A "Continuation Wedge (Bullish)" chart pattern formed on Alcatel Lucent ADR Reptg 1 Ord Shs (ALU on NYSE). This bullish signal indicates that the stock price may rise from $1.44 (May 7 close price) to the range of $1.80 - $1.90. The pattern formed over 63 days which is roughly the period of time in which the target price range may be achieved.
Arena Pharmaceuticals Inc forms bullish "Symmetrical Continuation Triangle" chart pattern
A "Symmetrical Continuation Triangle (Bullish)" chart pattern formed on Arena Pharmaceuticals Inc (ARNA on NASDAQ). This bullish signal indicates that the stock price may rise from $8.34 (May 7 close price) to the range of $11.50 - $12.20. The pattern formed over 79 days which is roughly the period of time in which the target price range may be achieved.
Citigroup Inc forms bullish "Ascending Continuation Triangle" chart pattern
An "Ascending Continuation Triangle" chart pattern formed on Citigroup Inc (C on NYSE). This bullish signal indicates that the stock price may rise from $48.11 (May 7 close price) to the range of $53.25 - $54.50. The pattern formed over 41 days which is roughly the period of time in which the target price range may be achieved.
Glu Mobile Inc forms bearish "Symmetrical Continuation Triangle" chart pattern
A "Symmetrical Continuation Triangle (Bearish)" chart pattern formed on Glu Mobile Inc (GLUU on NASDAQ). This bearish signal indicates that the stock price may fall from $2.62 (May 7 close price) to the range of $0.90 - $1.20. The pattern formed over 47 days which is roughly the period of time in which the target price range may be achieved.
Grifols ADR Representing One Non-Voting Ord Shs Class B forms bearish "Double Top" chart pattern
A "Double Top" chart pattern formed on Grifols ADR Representing One Non-Voting Ord Shs Class B (GRFS on NASDAQ). This bearish signal indicates that the stock price may fall from $27.75 (May 7 close price) to the range of $24.20 - $24.90. The pattern formed over 48 days which is roughly the period of time in which the target price range may be achieved.
MGIC Investment Corp forms bullish "Symmetrical Continuation Triangle" chart pattern
A "Symmetrical Continuation Triangle (Bullish)" chart pattern formed on MGIC Investment Corp (MTG on NYSE). This bullish signal indicates that the stock price may rise from $5.70 (May 7 close price) to the range of $6.60 - $6.90. The pattern formed over 20 days which is roughly the period of time in which the target price range may be achieved.
Mindray Medical International ADR Representing One Ord Shs Class A forms bearish "Diamond Top" chart pattern
A "Diamond Top" chart pattern formed on Mindray Medical International ADR Representing One Ord Shs Class A (MR on NYSE). This bearish signal indicates that the stock price may fall from $37.42 (May 7 close price) to the range of $34.30 - $35.10. The pattern formed over 45 days which is roughly the period of time in which the target price range may be achieved.
New Gold Inc forms bearish "Symmetrical Continuation Triangle" chart pattern
A "Symmetrical Continuation Triangle (Bearish)" chart pattern formed on New Gold Inc (NGD on AMEX). This bearish signal indicates that the stock price may fall from $7.20 (May 7 close price) to the range of $5.60 - $5.90. The pattern formed over 16 days which is roughly the period of time in which the target price range may be achieved.
Quicksilver Resources Inc forms bearish "Descending Continuation Triangle" chart pattern
A "Descending Continuation Triangle" chart pattern formed on Quicksilver Resources Inc (KWK on NYSE). This bearish signal indicates that the stock price may fall from $2.42 (May 7 close price) to the range of $1.40 - $1.60. The pattern formed over 31 days which is roughly the period of time in which the target price range may be achieved.
ASML Holding ADR Representing Ord Shs forms bearish "Continuation Wedge" chart pattern
A "Continuation Wedge (Bearish)" chart pattern formed on ASML Holding ADR Representing Ord Shs (ASML on NASDAQ). This bearish signal indicates that the stock price may fall from $76.22 (May 6 close price) to the range of $64.00 - $66.00. The pattern formed over 15 days which is roughly the period of time in which the target price range may be achieved.
Alcatel Lucent ADR Reptg 1 Ord Shs forms bearish "Symmetrical Continuation Triangle" chart pattern
A "Symmetrical Continuation Triangle (Bearish)" chart pattern formed on Alcatel Lucent ADR Reptg 1 Ord Shs (ALU on NYSE). This bearish signal indicates that the stock price may fall from $1.31 (May 6 close price) to the range of $0.55 - $0.70. The pattern formed over 111 days which is roughly the period of time in which the target price range may be achieved.
Assured Guaranty Ltd forms bullish "Ascending Continuation Triangle" chart pattern
An "Ascending Continuation Triangle" chart pattern formed on Assured Guaranty Ltd (AGO on NYSE). This bullish signal indicates that the stock price may rise from $22.18 (May 6 close price) to the range of $22.90 - $23.30. The pattern formed over 25 days which is roughly the period of time in which the target price range may be achieved.
BioCryst Pharmaceuticals Inc forms bearish "Top Triangle" chart pattern
A "Top Triangle" chart pattern formed on BioCryst Pharmaceuticals Inc (BCRX on NASDAQ). This bearish signal indicates that the stock price may fall from $1.88 (May 6 close price) to the range of $1.25 - $1.35. The pattern formed over 20 days which is roughly the period of time in which the target price range may be achieved.
Hovnanian Enterprises Inc forms bullish "Symmetrical Continuation Triangle" chart pattern
A "Symmetrical Continuation Triangle (Bullish)" chart pattern formed on Hovnanian Enterprises Inc (HOV on NYSE). This bullish signal indicates that the stock price may rise from $5.94 (May 6 close price) to the range of $7.30 - $7.70. The pattern formed over 34 days which is roughly the period of time in which the target price range may be achieved.
MGIC Investment Corp forms bullish "Symmetrical Continuation Triangle" chart pattern
A "Symmetrical Continuation Triangle (Bullish)" chart pattern formed on MGIC Investment Corp (MTG on NYSE). This bullish signal indicates that the stock price may rise from $5.51 (May 6 close price) to the range of $7.10 - $7.50. The pattern formed over 43 days which is roughly the period of time in which the target price range may be achieved.
NetApp Inc forms bullish "Symmetrical Continuation Triangle" chart pattern
A "Symmetrical Continuation Triangle (Bullish)" chart pattern formed on NetApp Inc (NTAP on NASDAQ). This bullish signal indicates that the stock price may rise from $35.49 (May 6 close price) to the range of $38.20 - $38.90. The pattern formed over 16 days which is roughly the period of time in which the target price range may be achieved.
North American Palladium Ltd forms bearish "Continuation Diamond" chart pattern
A "Continuation Diamond (Bearish)" chart pattern formed on North American Palladium Ltd (PAL on AMEX). This bearish signal indicates that the stock price may fall from $1.16 (May 6 close price) to the range of $0.84 - $0.94. The pattern formed over 51 days which is roughly the period of time in which the target price range may be achieved.
Office Depot Inc forms bullish "Symmetrical Continuation Triangle" chart pattern
A "Symmetrical Continuation Triangle (Bullish)" chart pattern formed on Office Depot Inc (ODP on NYSE). This bullish signal indicates that the stock price may rise from $3.95 (May 6 close price) to the range of $4.65 - $4.80. The pattern formed over 51 days which is roughly the period of time in which the target price range may be achieved.
Ultra Petroleum Corp forms bearish "Continuation Wedge" chart pattern
A "Continuation Wedge (Bearish)" chart pattern formed on Ultra Petroleum Corp (UPL on NYSE). This bearish signal indicates that the stock price may fall from $20.16 (May 6 close price) to the range of $14.25 - $15.50. The pattern formed over 45 days which is roughly the period of time in which the target price range may be achieved.





