{"id":21897,"date":"2012-03-01T10:00:00","date_gmt":"2012-03-01T10:00:00","guid":{"rendered":"https:\/\/www2.thestockmarketwatch.com\/stock-market-news\/these-stocks-are-forming-a-falling-wedge-bullish-on-mar-1\/21896\/"},"modified":"2012-03-01T10:00:00","modified_gmt":"2012-03-01T10:00:00","slug":"these-stocks-are-forming-a-falling-wedge-bullish-on-mar-1","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/these-stocks-are-forming-a-falling-wedge-bullish-on-mar-1\/21897\/","title":{"rendered":"These Stocks are Forming a Falling Wedge (Bullish) on Mar-1"},"content":{"rendered":"<p><script type=\"text\/javascript\"><!--\ngoogle_ad_client = \"ca-pub-1408583772585547\";\n\/* SMW - News Links *\/\ngoogle_ad_slot = \"3490797620\";\ngoogle_ad_width = 468;\ngoogle_ad_height = 15;\n\/\/-->\n<\/script><br \/>\n<script type=\"text\/javascript\" src=\"http:\/\/pagead2.googlesyndication.com\/pagead\/show_ads.js\">\n<\/script><\/p>\n<p><!--Ad Injection mfunc mode ad include code--><!--mfunc include_once('\/mnt\/Target01\/327806\/www.thestockmarketwatch.com\/web\/content\/stock-market-news\/wp-content\/plugins\/ad-injection\/adshow.php') --><!--\/mfunc--><\/p>\n<p>A <b><a href=\"https:\/\/thestockmarketwatch.com\/learn-stock-market\/wedge-pattern-2\/\">downward wedge<\/a><\/b> has formed in the following stocks.This is a <b>bullish pattern<\/b> found when the price moves lower but the trading range narrows.<\/p>\n<p><b>Canon Inc.<\/b> <a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=CAJ\">(NYSE:CAJ)<\/a>  is currently trading at $45.34. CAJ is trading <span style=\"color:green\">2.58%<\/span> above  its 50 day moving average and <span style=\"color:red\">-0.08%<\/span> below its 200 day moving average. CAJ is <span style=\"color:red\">-9.32%<\/span> below its 52-week high and <span style=\"color:green\">8.73%<\/span> above  its 52-week low. CAJ&#8217;s PE ratio is 17.92 and their market cap is $60.47B. <\/p>\n<p>Canon, Inc. is a manufacturer of network digital multifunction devices, plain paper copying machines, laser beam printers, inkjet printers, cameras and steppers.<\/p>\n<p><!--mfunc adshow_display_ad_file_v2(array('ad_random_1.txt'), array(100), array('align' => 'float right', 'clear' => '', 'margin_top' => '', 'margin_bottom' => '', 'padding_top' => '', 'padding_bottom' => ''), array(), array()) --><\/p>\n<div style=\"float:right;margin-left:5px;\"><script type=\"text\/javascript\"><!--\ngoogle_ad_client = \"ca-pub-1408583772585547\";\n\/* SMW - in News 300 *\/\ngoogle_ad_slot = \"5684630733\";\ngoogle_ad_width = 300;\ngoogle_ad_height = 250;\n\/\/-->\n<\/script><br \/>\n<script type=\"text\/javascript\" src=\"http:\/\/pagead2.googlesyndication.com\/pagead\/show_ads.js\">\n<\/script><\/div>\n<p><!--\/mfunc--><\/p>\n<p><b>iPath DJ-UBS Sugar TR Sub-Idx ETN<\/b> <a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=SGG\">(NYSE:SGG)<\/a>  is currently trading at $91.03. SGG is trading <span style=\"color:green\">7.42%<\/span> above  its 50 day moving average and <span style=\"color:green\">3.00%<\/span> above  its 200 day moving average. SGG is <span style=\"color:red\">-14.97%<\/span> below its 52-week high and <span style=\"color:green\">39.32%<\/span> above  its 52-week low. <\/p>\n<p>The investment seeks to replicate, net of expenses, the <a href=\"https:\/\/thestockmarketwatch.com\/markets\/dowjones\/today.aspx\">Dow Jones<\/a>-UBS Sugar Total Return Sub-Index. The index is intended to reflect the returns that are potentially available through an unleveraged investment in sugar <a href=\"https:\/\/thestockmarketwatch.com\/markets\/commodities\/today.aspx\">futures<\/a> contracts as well as the rate<\/p>\n<p><b>Kinross <a href=\"https:\/\/thestockmarketwatch.com\/metal\/gold-price.aspx\">Gold<\/a> Corporation<\/b> <a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=KGC\">(NYSE:KGC)<\/a>  is currently trading at $11.08. KGC is trading <span style=\"color:red\">-2.80%<\/span> below its 50 day moving average and <span style=\"color:red\">-22.82%<\/span> below its 200 day moving average. KGC is <span style=\"color:red\">-39.09%<\/span> below its 52-week high and <span style=\"color:green\">11.24%<\/span> above  its 52-week low. <\/p>\n<p>Kinross <a href=\"https:\/\/thestockmarketwatch.com\/metal\/gold-price.aspx\">Gold<\/a> Corporation is mainly engaged in the mining and processing of <a href=\"https:\/\/stockmarketwatch.com\/metal\/gold-price.aspx\" data-internallinksmanager029f6b8e52c=\"4\" title=\"gold price today\">gold<\/a> and, as a by-product, <a href=\"https:\/\/thestockmarketwatch.com\/metal\/silver-price.aspx\">silver<\/a> ore and the exploration for, and the acquisition of, gold bearing properties in the Americas, the Russian Federation and worldwide.<\/p>\n<p><b>Market Vectors Gold Miners ETF<\/b> <a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=GDX\">(NYSE:GDX)<\/a>  is currently trading at $55.40. GDX is trading <span style=\"color:green\">2.17%<\/span> above  its 50 day moving average and <span style=\"color:red\">-2.66%<\/span> below its 200 day moving average. GDX is <span style=\"color:red\">-17.05%<\/span> below its 52-week high and <span style=\"color:green\">12.56%<\/span> above  its 52-week low. <\/p>\n<p>The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the <a href=\"https:\/\/thestockmarketwatch.com\/markets\/nyse\/today.aspx\">NYSE<\/a> Arca Gold Miners Index. The fund generally normally invests at least 80% of its total assets in common stocks and American depos<\/p>\n<p><b>Precision Drilling Corporation<\/b> <a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=PDS\">(NYSE:PDS)<\/a>  is currently trading at $12.11. PDS is trading <span style=\"color:green\">13.82%<\/span> above  its 50 day moving average and <span style=\"color:red\">-0.80%<\/span> below its 200 day moving average. PDS is <span style=\"color:red\">-33.39%<\/span> below its 52-week high and <span style=\"color:green\">61.04%<\/span> above  its 52-week low. PDS&#8217;s PE ratio is 46.58 and their market cap is $3.34B. <\/p>\n<p>Precision Drilling Trust, through its subsidiaries, provides contract drilling, and completion and production services to the oil and gas exploration and production companies in Canada, the United States and internationally.<\/p>\n<p><b>Pan American <a href=\"https:\/\/thestockmarketwatch.com\/metal\/silver-price.aspx\">Silver<\/a> Corp.<\/b> <a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=PAAS\">(NASDAQ:PAAS)<\/a>  is currently trading at $25.05. PAAS is trading <span style=\"color:green\">7.29%<\/span> above  its 50 day moving average and <span style=\"color:red\">-10.52%<\/span> below its 200 day moving average. PAAS is <span style=\"color:red\">-41.67%<\/span> below its 52-week high and <span style=\"color:green\">25.69%<\/span> above  its 52-week low. PAAS&#8217;s PE ratio is 7.64 and their market cap is $2.62B. <\/p>\n<p>Pan American <a href=\"https:\/\/stockmarketwatch.com\/metal\/silver-price.aspx\" data-internallinksmanager029f6b8e52c=\"5\" title=\"silver price today\">Silver<\/a> Corporation is engaged in silver mining and related activities, including exploration, mine development, extraction, processing, refining and reclamation.<\/p>\n<p><b>EXCO Resources Inc.<\/b> <a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=XCO\">(NYSE:XCO)<\/a>  is currently trading at $7.13. XCO is trading <span style=\"color:red\">-15.25%<\/span> below its 50 day moving average and <span style=\"color:red\">-44.29%<\/span> below its 200 day moving average. XCO is <span style=\"color:red\">-65.80%<\/span> below its 52-week high and <span style=\"color:green\">5.16%<\/span> above  its 52-week low. XCO&#8217;s PE ratio is 79.22 and their market cap is $1.53B. <\/p>\n<p>EXCO Resources, Inc. is an independent oil and natural gas company, which is engaged in the acquisition, development and exploitation of onshore North American oil and natural gas properties.<\/p>\n<p><b>Aurizon Mines Ltd.<\/b> <a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=AZK\">(NYSE:AZK)<\/a>  is currently trading at $5.32. AZK is trading <span style=\"color:green\">1.74%<\/span> above  its 50 day moving average and <span style=\"color:red\">-6.63%<\/span> below its 200 day moving average. AZK is <span style=\"color:red\">-31.27%<\/span> below its 52-week high and <span style=\"color:green\">17.44%<\/span> above  its 52-week low. AZK&#8217;s PE ratio is 29.56 and their market cap is $867.85M. <\/p>\n<p>The Company is a gold producer with a growth strategy focused on developing its existing projects in the Abitibi region of north-western Quebec.<\/p>\n<p><b>FNB United Corp.<\/b> <a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=FNBN\">(NASDAQ:FNBN)<\/a>  is currently trading at $14.97. FNBN is trading <span style=\"color:green\">12.74%<\/span> above  its 50 day moving average and <span style=\"color:red\">-49.42%<\/span> below its 200 day moving average. FNBN is <span style=\"color:red\">-80.04%<\/span> below its 52-week high and <span style=\"color:green\">36.34%<\/span> above  its 52-week low. <\/p>\n<p>FNB United Corp., through its subsidiaries offers a complete line of consumer, mortgage and business banking services, including loan, deposit, cash management, investment management and trust services, to individual and business customers.<\/p>\n<p><b>Alon Holdings Blue Square &#8211; Israel Ltd<\/b> <a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=BSI\">(NYSE:BSI)<\/a>  is currently trading at $3.51. BSI&#8217;s RSI is currently at 24.75 which indicates that the stock is oversold. BSI is trading <span style=\"color:red\">-14.31%<\/span> below its 50 day moving average and <span style=\"color:red\">-39.50%<\/span> below its 200 day moving average. BSI is <span style=\"color:red\">-65.29%<\/span> below its 52-week high and <span style=\"color:green\">0.29%<\/span> above  its 52-week low. BSI&#8217;s PE ratio is 6.88 and their market cap is $231.48M. <\/p>\n<p>Alon Holdings Blue Square &#8211; Israel Ltd operates as a food retailer in Israel. It operates in the &#8216;Non-Food&#8217; sector, selling &#8216;Non-Food&#8217; items both in its supermarkets and in stand alone retail outlets. It operates in the commercial real estate sector.<\/p>\n<p><b>Harvest Natural Resources Inc.<\/b> <a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=HNR\">(NYSE:HNR)<\/a>  is currently trading at $6.62. HNR is trading <span style=\"color:red\">-3.39%<\/span> below its 50 day moving average and <span style=\"color:red\">-32.06%<\/span> below its 200 day moving average. HNR is <span style=\"color:red\">-62.08%<\/span> below its 52-week high and <span style=\"color:green\">8.35%<\/span> above  its 52-week low. <\/p>\n<p>Harvest Natural Resources, Inc. is an independent energy company engaged in the acquisition, exploration, development, production and disposition of oil and natural gas properties.<\/p>\n<p><b>Medallion Financial Corp.<\/b> <a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=TAXI\">(NASDAQ:TAXI)<\/a>  is currently trading at $10.95. TAXI is trading <span style=\"color:red\">-1.62%<\/span> below its 50 day moving average and <span style=\"color:green\">7.86%<\/span> above  its 200 day moving average. TAXI is <span style=\"color:red\">-11.59%<\/span> below its 52-week high and <span style=\"color:green\">49.89%<\/span> above  its 52-week low. TAXI&#8217;s PE ratio is 10.63 and their market cap is $193.38M. <\/p>\n<p>Medallion Financial Corp. is a specialty finance company that originates, acquires, and services loans that finance taxicab medallions and various types of commercial businesses.<\/p>\n<p><b>Learning Tree International Inc.<\/b> <a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=LTRE\">(NASDAQ:LTRE)<\/a>  is currently trading at $5.84. LTRE is trading <span style=\"color:red\">-5.83%<\/span> below its 50 day moving average and <span style=\"color:red\">-24.77%<\/span> below its 200 day moving average. LTRE is <span style=\"color:red\">-44.75%<\/span> below its 52-week high and <span style=\"color:green\">22.69%<\/span> above  its 52-week low. LTRE&#8217;s PE ratio is 25.39 and their market cap is $78.90M. <\/p>\n<p>Learning Tree International, Inc. is a worldwide vendor-independent provider to business and government organizations for the training and education of their managers and information technology professionals.<\/p>\n<p><b>Navarre Corp.<\/b> <a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=NAVR\">(NASDAQ:NAVR)<\/a>  is currently trading at $1.70. NAVR is trading <span style=\"color:green\">10.33%<\/span> above  its 50 day moving average and <span style=\"color:red\">-0.08%<\/span> below its 200 day moving average. NAVR is <span style=\"color:red\">-19.81%<\/span> below its 52-week high and <span style=\"color:green\">29.77%<\/span> above  its 52-week low. <\/p>\n<p>Navarre Corporation distributes and publishes a wide range of computer software, home entertainment and multimedia products and provides value-added services to third-party publishers.<\/p>\n<p><b>UQM Technologies Inc.<\/b> <a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=UQM\">(NYSE:UQM)<\/a>  is currently trading at $1.60. UQM is trading <span style=\"color:red\">-0.52%<\/span> below its 50 day moving average and <span style=\"color:red\">-15.29%<\/span> below its 200 day moving average. UQM is <span style=\"color:red\">-52.66%<\/span> below its 52-week high and <span style=\"color:green\">25.00%<\/span> above  its 52-week low. <\/p>\n<p>UQM Technologies, Inc. is a developer and manufacturer of power dense, high efficiency electric motors, generators and power electronic controllers for the automotive, aerospace, military and industrial markets.<\/p>\n<p>More Posts by this author<\/p>\n<ul>\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/dividend-stocks\/bkcc-dsw-td-arb-dividend-stocks-update\/21971\"><br \/>\nBKCC, DSW, TD, ARB Dividend Stocks Update<\/a><\/li>\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/dividend-stocks\/bkcc-dsw-td-arb-dividend-stocks-update-2\/21973\"><br \/>\nBKCC, DSW, TD, ARB Dividend Stocks Update<\/a><\/li>\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/dividend-stocks\/nhs-giy-box-evm-eiv-dividend-stocks-update\/21967\"><br \/>\nNHS, GIY, BOX, EVM, EIV Dividend Stocks Update<\/a><\/li>\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/dividend-stocks\/nhs-giy-box-evm-eiv-dividend-stocks-update\/21968\"><br \/>\nNHS, GIY, BOX, EVM, EIV Dividend Stocks Update<\/a><\/li>\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/trending-stocks\/t-cmcsa-m-znga-cx-are-stocks-trending-up\/21963\"><br \/>\nT, CMCSA, M, ZNGA, CX are Stocks Trending Up<\/a><\/li>\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/trending-stocks\/t-cmcsa-m-znga-cx-are-stocks-trending-up\/21964\"><br \/>\nT, CMCSA, M, ZNGA, CX are Stocks Trending Up<\/a><\/li>\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/52-week-highs\/spy-msft-qqq-gps-aapl-hit-new-52-week-highs\/21961\"><br \/>\nSPY, MSFT, QQQ, GPS, AAPL Hit New 52-Week Highs<\/a><\/li>\n<\/ul>\n<hr>\n<table style=\"border:none;margin:0;\">\n<tr>\n<td style=\"padding:5px;vertical-align:top;\" valign=\"top\">\n<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www2.thestockmarketwatch.com\/stock-market-news\/wp-content\/uploads\/2024\/08\/3.jpg\" alt=\"Alex Fredricks\" width=\"125\" height=\"125\" class=\"photo\"><\/td>\n<td style=\"padding:5px;vertical-align:top;\" valign=\"top\">\n<div style=\"font-size:11pt;\"><b>Post Written By: Alex Fredricks <\/b><\/div>\n<div style=\"font-size:10pt;\">\n<p>Alex Fredricks has a degree in business and is an avid day-trader.  Alex&#8217;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.\n<\/p><\/div>\n<\/td>\n<\/tr>\n<\/table>\n<p><script type=\"text\/javascript\"><!--\ngoogle_ad_client = \"pub-1408583772585547\";\n\/* 336x280, created 7\/9\/11 *\/\ngoogle_ad_slot = \"3552319058\";\ngoogle_ad_width = 336;\ngoogle_ad_height = 280;\n\/\/-->\n<\/script><br \/>\n<script type=\"text\/javascript\" src=\"http:\/\/pagead2.googlesyndication.com\/pagead\/show_ads.js\">\n<\/script><\/p>\n<div style=\"margin:5px;margin-bottom:20px;font-size:11pt;\">&laquo; <a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/\">Return to Stock Market News<\/a> &laquo; <\/div>\n","protected":false},"excerpt":{"rendered":"<p>A downward wedge has formed in the following stocks.This is a bullish pattern found when the price moves lower but [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":50312,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center 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