{"id":23409,"date":"2012-03-26T09:00:00","date_gmt":"2012-03-26T09:00:00","guid":{"rendered":"https:\/\/www2.thestockmarketwatch.com\/stock-market-news\/these-stocks-are-forming-a-rising-wedge-bearish-on-mar-26\/23408\/"},"modified":"2012-03-26T09:00:00","modified_gmt":"2012-03-26T09:00:00","slug":"these-stocks-are-forming-a-rising-wedge-bearish-on-mar-26","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/these-stocks-are-forming-a-rising-wedge-bearish-on-mar-26\/23409\/","title":{"rendered":"These Stocks are Forming a Rising Wedge (Bearish) on Mar-26"},"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>An <b><a href=\"https:\/\/thestockmarketwatch.com\/learn-stock-market\/wedge-pattern-2\/\">upward wedge<\/a><\/b> has formed in the following stocks.This is a <b>bearish pattern<\/b> found when the price moves higher but the trading range narrows.<\/p>\n<p><b>Procter &#038; Gamble Co.<\/b> <a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=PG\">(NYSE:PG)<\/a>  is currently trading at $67.43. PG is trading <span style=\"color:green\">2.79%<\/span> above  its 50 day moving average and <span style=\"color:green\">6.28%<\/span> above  its 200 day moving average. PG is <span style=\"color:red\">-0.77%<\/span> below its 52-week high and <span style=\"color:green\">19.05%<\/span> above  its 52-week low. PG&#8217;s PE ratio is 19.83 and their market cap is $185.73B. <\/p>\n<p>Procter &#038; Gamble Company is focused on providing branded consumer packaged goods. It markets its products in more than 180 countries.<\/p>\n<p><!--Ad Injection mfunc mode ad code--><!--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>BHP Billiton plc<\/b> <a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=BBL\">(NYSE:BBL)<\/a>  is currently trading at $60.74. BBL is trading <span style=\"color:red\">-5.85%<\/span> below its 50 day moving average and <span style=\"color:red\">-4.41%<\/span> below its 200 day moving average. BBL is <span style=\"color:red\">-27.75%<\/span> below its 52-week high and <span style=\"color:green\">23.75%<\/span> above  its 52-week low. BBL&#8217;s PE ratio is 7.15 and their market cap is $161.68B. <\/p>\n<p>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 &#038; Energy Coal.<\/p>\n<p><b>Intel Corporation<\/b> <a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=INTC\">(NASDAQ:INTC)<\/a>  is currently trading at $27.88. INTC is trading <span style=\"color:green\">4.39%<\/span> above  its 50 day moving average and <span style=\"color:green\">19.35%<\/span> above  its 200 day moving average. INTC is <span style=\"color:red\">-0.29%<\/span> below its 52-week high and <span style=\"color:green\">49.06%<\/span> above  its 52-week low. INTC&#8217;s PE ratio is 11.62 and their market cap is $139.29B. <\/p>\n<p>Intel Corporation is a semiconductor chip maker, which develops advanced integrated digital technology products, mainly integrated circuits, for industries such as computing and communications.<\/p>\n<p><b>Syngenta AG<\/b> <a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=SYT\">(NYSE:SYT)<\/a>  is currently trading at $67.49. SYT is trading <span style=\"color:green\">6.11%<\/span> above  its 50 day moving average and <span style=\"color:green\">10.37%<\/span> above  its 200 day moving average. SYT is <span style=\"color:red\">-6.09%<\/span> below its 52-week high and <span style=\"color:green\">37.37%<\/span> above  its 52-week low. SYT&#8217;s PE ratio is 19.56 and their market cap is $31.64B. <\/p>\n<p>Syngenta AG is involved in the discovery, development, manufacture and marketing of a range of products designed to improve crop yields and food quality.<\/p>\n<p><b>Johnson Controls Inc.<\/b> <a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=JCI\">(NYSE:JCI)<\/a>  is currently trading at $32.08. JCI is trading <span style=\"color:red\">-2.10%<\/span> below its 50 day moving average and <span style=\"color:red\">-1.38%<\/span> below its 200 day moving average. JCI is <span style=\"color:red\">-23.99%<\/span> below its 52-week high and <span style=\"color:green\">33.57%<\/span> above  its 52-week low. JCI&#8217;s PE ratio is 13.31 and their market cap is $21.83B. <\/p>\n<p>Johnson Controls, Inc. creates products, services and solutions to optimize energy and operational efficiencies of buildings; lead-acid automotive batteries and advanced batteries for hybrid and electric vehicles; and interior systems for automobiles.<\/p>\n<p><b>iShares Russell 2000 Index<\/b> <a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=IWM\">(NYSE:IWM)<\/a>  is currently trading at $82.68. IWM is trading <span style=\"color:green\">2.24%<\/span> above  its 50 day moving average and <span style=\"color:green\">10.20%<\/span> above  its 200 day moving average. IWM is <span style=\"color:red\">-3.63%<\/span> below its 52-week high and <span style=\"color:green\">38.26%<\/span> above  its 52-week low. <\/p>\n<p>The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Russell 200 Index (the underlying index). The fund generally invests at least 90% of its assets in securities of the unde<\/p>\n<p><b>Ecolab Inc.<\/b> <a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=ECL\">(NYSE:ECL)<\/a>  is currently trading at $60.27. ECL is trading <span style=\"color:red\">-0.37%<\/span> below its 50 day moving average and <span style=\"color:green\">10.44%<\/span> above  its 200 day moving average. ECL is <span style=\"color:red\">-3.80%<\/span> below its 52-week high and <span style=\"color:green\">39.01%<\/span> above  its 52-week low. ECL&#8217;s PE ratio is 31.23 and their market cap is $17.59B. <\/p>\n<p>Ecolab, Inc. develops and markets premium products and services for the hospitality, foodservice, healthcare and industrial markets. It provides cleaning and sanitizing products and programs, pest elimination, maintenance and repair services.<\/p>\n<p><b>Avalonbay Communities Inc.<\/b> <a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=AVB\">(NYSE:AVB)<\/a>  is currently trading at $137.09. AVB is trading <span style=\"color:green\">2.49%<\/span> above  its 50 day moving average and <span style=\"color:green\">6.94%<\/span> above  its 200 day moving average. AVB is <span style=\"color:red\">-2.50%<\/span> below its 52-week high and <span style=\"color:green\">28.34%<\/span> above  its 52-week low. AVB&#8217;s PE ratio is 75.74 and their market cap is $13.05B. <\/p>\n<p>AvalonBay Communities, Inc. is engaged in the development, redevelopment, acquisition, ownership and operation of multifamily communities in barrier-to-entry markets of the United States.<\/p>\n<p><b>Maxim Integrated Products Inc.<\/b> <a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=MXIM\">(NASDAQ:MXIM)<\/a>  is currently trading at $28.62. MXIM is trading <span style=\"color:green\">3.79%<\/span> above  its 50 day moving average and <span style=\"color:green\">14.64%<\/span> above  its 200 day moving average. MXIM is <span style=\"color:red\">-1.07%<\/span> below its 52-week high and <span style=\"color:green\">42.52%<\/span> above  its 52-week low. MXIM&#8217;s PE ratio is 17.89 and their market cap is $8.35B. <\/p>\n<p>Maxim Integrated Products, Inc. engages in the design, development, manufacture, and marketing of various linear and mixed-signal integrated circuits\/analog circuits worldwide.<\/p>\n<p><b>iShares S&#038;P SmallCap 600 Index<\/b> <a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=IJR\">(NYSE:IJR)<\/a>  is currently trading at $76.19. IJR is trading <span style=\"color:green\">2.41%<\/span> above  its 50 day moving average and <span style=\"color:green\">11.60%<\/span> above  its 200 day moving average. IJR is <span style=\"color:red\">-1.66%<\/span> below its 52-week high and <span style=\"color:green\">38.99%<\/span> above  its 52-week low. <\/p>\n<p>The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the S&#038;P SmallCap 600 Index. The fund generally invests at least 90% of its assets in securities and in depositary receipts re<\/p>\n<p><b>Vanguard Small Cap ETF<\/b> <a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=VB\">(NYSE:VB)<\/a>  is currently trading at $78.40. VB is trading <span style=\"color:green\">2.54%<\/span> above  its 50 day moving average and <span style=\"color:green\">10.62%<\/span> above  its 200 day moving average. VB is <span style=\"color:red\">-2.93%<\/span> below its 52-week high and <span style=\"color:green\">38.77%<\/span> above  its 52-week low. <\/p>\n<p>The investment seeks to replicate, net of expenses, the MSCI US Small Cap 1750 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 its w<\/p>\n<p><b>CMS Energy Corp.<\/b> <a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=CMS\">(NYSE:CMS)<\/a>  is currently trading at $21.91. CMS is trading <span style=\"color:green\">1.27%<\/span> above  its 50 day moving average and <span style=\"color:green\">8.80%<\/span> above  its 200 day moving average. CMS is <span style=\"color:red\">-1.97%<\/span> below its 52-week high and <span style=\"color:green\">31.97%<\/span> above  its 52-week low. CMS&#8217;s PE ratio is 13.96 and their market cap is $5.67B. <\/p>\n<p>CMS Energy Corp. is an energy company, which manages its businesses by the nature of services each provides and operates, principally in three business segments: electric utility, gas utility, and enterprises, its non-utility operations and investments.<\/p>\n<p><b>Essex Property Trust Inc.<\/b> <a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=ESS\">(NYSE:ESS)<\/a>  is currently trading at $146.93. ESS is trading <span style=\"color:green\">2.57%<\/span> above  its 50 day moving average and <span style=\"color:green\">8.01%<\/span> above  its 200 day moving average. ESS is <span style=\"color:red\">-1.80%<\/span> below its 52-week high and <span style=\"color:green\">33.05%<\/span> above  its 52-week low. ESS&#8217;s PE ratio is 145.48 and their market cap is $5.11B. <\/p>\n<p>Essex Property Trust is a self-administered and self-managed REIT that acquires, develops, redevelops and manages apartment communities in selected residential areas located primarily in the West Coast of the United States.<\/p>\n<p><b>iShares Russell 2000 Value Index<\/b> <a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=IWN\">(NYSE:IWN)<\/a>  is currently trading at $72.79. IWN is trading <span style=\"color:green\">2.01%<\/span> above  its 50 day moving average and <span style=\"color:green\">9.84%<\/span> above  its 200 day moving average. IWN is <span style=\"color:red\">-3.90%<\/span> below its 52-week high and <span style=\"color:green\">37.19%<\/span> above  its 52-week low. <\/p>\n<p>The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Russell 200 Value Index (the underlying index). The fund generally invests at least 90% of its assets in securities of th<\/p>\n<p><b>Synopsys Inc.<\/b> <a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=SNPS\">(NASDAQ:SNPS)<\/a>  is currently trading at $30.20. SNPS is trading <span style=\"color:green\">1.48%<\/span> above  its 50 day moving average and <span style=\"color:green\">13.20%<\/span> above  its 200 day moving average. SNPS is <span style=\"color:red\">-2.20%<\/span> below its 52-week high and <span style=\"color:green\">41.32%<\/span> above  its 52-week low. SNPS&#8217;s PE ratio is 19.61 and their market cap is $4.40B. <\/p>\n<p>Synopsys is engaged in the electronic design automation (EDA) software and related services for semiconductor design companies.<\/p>\n<p>More Posts by this author<\/p>\n<ul>\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/dividend-stocks\/unam-aom-mas-axp-asbi-dividend-stocks-update\/23582\"><br \/>\nUNAM, AOM, MAS, AXP, ASBI Dividend Stocks Update<\/a><\/li>\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/dividend-stocks\/oxm-ushs-dividend-stocks-update\/23580\"><br \/>\nOXM, USHS Dividend Stocks Update<\/a><\/li>\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/dividend-stocks\/cac-fhco-crws-ef-goro-dividend-stocks-update\/23578\"><br \/>\nCAC, FHCO, CRWS, EF, GORO Dividend Stocks Update<\/a><\/li>\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/trending-stocks\/ista-renn-mrk-nvda-amzn-are-stocks-trending-up\/23576\"><br \/>\nISTA, RENN, MRK, NVDA, AMZN are Stocks Trending Up<\/a><\/li>\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/52-week-highs\/pfe-csco-qqq-aapl-len-hit-new-52-week-highs\/23574\"><br \/>\nPFE, CSCO, QQQ, AAPL, LEN Hit New 52-Week Highs<\/a><\/li>\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/volume-spikes\/ista-affy-dang-kkr-wnc-had-unusual-volume\/23572\"><br \/>\nISTA, AFFY, DANG, KKR, WNC Had Unusual Volume<\/a><\/li>\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/hot-stocks-to-watch\/top-losers-in-after-hours-today-mar-27\/23570\"><br \/>\nTop Losers in After-hours  Today,  Mar-27<\/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>An upward wedge has formed in the following stocks.This is a bearish pattern found when the price moves higher 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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