{"id":24343,"date":"2012-04-09T09:00:00","date_gmt":"2012-04-09T09:00:00","guid":{"rendered":"https:\/\/www2.thestockmarketwatch.com\/stock-market-news\/stocks-reaching-trendline-resistance-bearish-on-apr-9\/24342\/"},"modified":"2012-04-09T09:00:00","modified_gmt":"2012-04-09T09:00:00","slug":"stocks-reaching-trendline-resistance-bearish-on-apr-9","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stocks-reaching-trendline-resistance-bearish-on-apr-9\/24343\/","title":{"rendered":"Stocks Reaching Trendline Resistance (Bearish) on Apr-9"},"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>These stocks are hitting their <b>trendline resistance<\/b>.  This is a bearish signal that means the stock might meet resistence in attempting to break out to a higher price.<\/p>\n<p><b>Intel Corporation<\/b> <a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=INTC\">(NASDAQ:INTC)<\/a>  is currently trading at $28.07. INTC is trading <span style=\"color:green\">3.41%<\/span> above  its 50 day moving average and <span style=\"color:green\">18.54%<\/span> above  its 200 day moving average. INTC is <span style=\"color:red\">-1.34%<\/span> below its 52-week high and <span style=\"color:green\">49.66%<\/span> above  its 52-week low. INTC&#8217;s PE ratio is 11.70 and their market cap is $140.57B. <\/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><!--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>Novartis AG<\/b> <a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=NVS\">(NYSE:NVS)<\/a>  is currently trading at $54.84. NVS is trading <span style=\"color:green\">0.92%<\/span> above  its 50 day moving average and <span style=\"color:green\">0.54%<\/span> above  its 200 day moving average. NVS is <span style=\"color:red\">-11.61%<\/span> below its 52-week high and <span style=\"color:green\">11.03%<\/span> above  its 52-week low. NVS&#8217;s PE ratio is 14.43 and their market cap is $125.56B. <\/p>\n<p>Novartis, Inc. provides healthcare solutions that address the evolving needs of patients &#038; societies worldwide with a portfolio that includes innovative medicines, preventive vaccines &#038; diagnostic tools, generic pharmaceuticals &#038; consumer health products.<\/p>\n<p><b>Costco Wholesale Corporation<\/b> <a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=COST\">(NASDAQ:COST)<\/a>  is currently trading at $88.65. COST is trading <span style=\"color:green\">2.11%<\/span> above  its 50 day moving average and <span style=\"color:green\">7.67%<\/span> above  its 200 day moving average. COST is <span style=\"color:red\">-3.75%<\/span> below its 52-week high and <span style=\"color:green\">26.97%<\/span> above  its 52-week low. COST&#8217;s PE ratio is 25.85 and their market cap is $38.47B. <\/p>\n<p>Costco Wholesale Corporation operates membership warehouses, which offer low prices on a limited selection of nationally branded and selected private-label products in a range of merchandise categories.<\/p>\n<p><b>Celgene Corporation<\/b> <a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=CELG\">(NASDAQ:CELG)<\/a>  is currently trading at $79.65. CELG is trading <span style=\"color:green\">6.43%<\/span> above  its 50 day moving average and <span style=\"color:green\">21.27%<\/span> above  its 200 day moving average. CELG is <span style=\"color:red\">-0.96%<\/span> below its 52-week high and <span style=\"color:green\">54.06%<\/span> above  its 52-week low. CELG&#8217;s PE ratio is 27.85 and their market cap is $34.95B. <\/p>\n<p>Celgene Corporation is a biopharmaceutical company engaged in the discovery, development and commercialization of innovative therapies designed to treat cancer and immune-inflammatory related diseases.<\/p>\n<p><b>Enbridge Inc.<\/b> <a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=ENB\">(NYSE:ENB)<\/a>  is currently trading at $39.63. ENB is trading <span style=\"color:green\">3.07%<\/span> above  its 50 day moving average and <span style=\"color:green\">15.08%<\/span> above  its 200 day moving average. ENB is <span style=\"color:red\">-0.18%<\/span> below its 52-week high and <span style=\"color:green\">42.20%<\/span> above  its 52-week low. ENB&#8217;s PE ratio is 28.31 and their market cap is $31.00B. <\/p>\n<p>Enbridge Inc.&#8217;s main business activities are the transportation and distribution of crude oil and natural gas.<\/p>\n<p><b>Ecolab Inc.<\/b> <a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=ECL\">(NYSE:ECL)<\/a>  is currently trading at $61.50. ECL is trading <span style=\"color:green\">1.15%<\/span> above  its 50 day moving average and <span style=\"color:green\">11.96%<\/span> above  its 200 day moving average. ECL is <span style=\"color:red\">-1.83%<\/span> below its 52-week high and <span style=\"color:green\">41.85%<\/span> above  its 52-week low. ECL&#8217;s PE ratio is 31.87 and their market cap is $17.95B. <\/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>T. Rowe Price Group Inc.<\/b> <a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=TROW\">(NASDAQ:TROW)<\/a>  is currently trading at $64.88. TROW is trading <span style=\"color:green\">5.17%<\/span> above  its 50 day moving average and <span style=\"color:green\">16.56%<\/span> above  its 200 day moving average. TROW is <span style=\"color:red\">-3.26%<\/span> below its 52-week high and <span style=\"color:green\">46.79%<\/span> above  its 52-week low. TROW&#8217;s PE ratio is 22.37 and their market cap is $16.46B. <\/p>\n<p>T. Rowe Price Group, financial services holding company, which through its subsidiaries provides investment advisory services to individual and institutional investors in the sponsored T. Rowe Price mutual funds and other investment portfolios.<\/p>\n<p><b>iShares Russell 1000 Growth Index<\/b> <a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=IWF\">(NYSE:IWF)<\/a>  is currently trading at $66.01. IWF is trading <span style=\"color:green\">3.10%<\/span> above  its 50 day moving average and <span style=\"color:green\">12.33%<\/span> above  its 200 day moving average. IWF is <span style=\"color:red\">-1.24%<\/span> below its 52-week high and <span style=\"color:green\">33.07%<\/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 1000 Growth Index (the underlying index). The fund generally invests at least 90% of its assets in securities of<\/p>\n<p><b>Cigna Corp.<\/b> <a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=CI\">(NYSE:CI)<\/a>  is currently trading at $48.99. CI is trading <span style=\"color:green\">8.11%<\/span> above  its 50 day moving average and <span style=\"color:green\">8.53%<\/span> above  its 200 day moving average. CI is <span style=\"color:red\">-7.39%<\/span> below its 52-week high and <span style=\"color:green\">26.42%<\/span> above  its 52-week low. CI&#8217;s PE ratio is 10.10 and their market cap is $14.08B. <\/p>\n<p>Cigna Corporation&#8217;s subsidiaries are main providers of health care and related benefits, the majority of which are offered through the workplace, including: health care products and services; group disability, life and accident insurance etc.<\/p>\n<p><b>Ross Stores Inc.<\/b> <a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=ROST\">(NASDAQ:ROST)<\/a>  is currently trading at $59.81. ROST&#8217;s RSI is currently at 72.90 which indicates that the stock is overbought. ROST is trading <span style=\"color:green\">10.10%<\/span> above  its 50 day moving average and <span style=\"color:green\">33.03%<\/span> above  its 200 day moving average. ROST is <span style=\"color:green\">0.78%<\/span> above  its 52-week high and <span style=\"color:green\">80.01%<\/span> above  its 52-week low. ROST&#8217;s PE ratio is 20.91 and their market cap is $13.55B. <\/p>\n<p>Ross Stores, Inc. and its subsidiaries operate two brands of off-price retail apparel and home accessories stores. It operates a total of 1,055 stores.<\/p>\n<p><b>Equifax Inc.<\/b> <a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=EFX\">(NYSE:EFX)<\/a>  is currently trading at $43.82. EFX is trading <span style=\"color:green\">3.75%<\/span> above  its 50 day moving average and <span style=\"color:green\">21.37%<\/span> above  its 200 day moving average. EFX is <span style=\"color:red\">-2.34%<\/span> below its 52-week high and <span style=\"color:green\">55.48%<\/span> above  its 52-week low. EFX&#8217;s PE ratio is 23.43 and their market cap is $5.27B. <\/p>\n<p>Equifax, Inc. is a provider of information solutions, employment and income verification and human resources business process outsourcing services.<\/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 $150.66. ESS is trading <span style=\"color:green\">4.52%<\/span> above  its 50 day moving average and <span style=\"color:green\">10.86%<\/span> above  its 200 day moving average. ESS is <span style=\"color:red\">-1.02%<\/span> below its 52-week high and <span style=\"color:green\">37.44%<\/span> above  its 52-week low. ESS&#8217;s PE ratio is 149.17 and their market cap is $5.24B. <\/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>Torchmark Corp.<\/b> <a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=TMK\">(NYSE:TMK)<\/a>  is currently trading at $49.08. TMK is trading <span style=\"color:green\">1.52%<\/span> above  its 50 day moving average and <span style=\"color:green\">17.18%<\/span> above  its 200 day moving average. TMK is <span style=\"color:red\">-3.48%<\/span> below its 52-week high and <span style=\"color:green\">51.17%<\/span> above  its 52-week low. TMK&#8217;s PE ratio is 10.33 and their market cap is $4.89B. <\/p>\n<p>Torchmark Corporation is an insurance holding company, which provides a variety of life and supplemental health insurance products and to limited extent annuities, to middle income households throughout the United States.<\/p>\n<p><b>Axis Capital Holdings Limited<\/b> <a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=AXS\">(NYSE:AXS)<\/a>  is currently trading at $33.81. AXS is trading <span style=\"color:green\">5.59%<\/span> above  its 50 day moving average and <span style=\"color:green\">13.04%<\/span> above  its 200 day moving average. AXS is <span style=\"color:red\">-4.77%<\/span> below its 52-week high and <span style=\"color:green\">39.59%<\/span> above  its 52-week low. <\/p>\n<p>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.<\/p>\n<p><b>iShares Russell 2000 Growth Index<\/b> <a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=IWO\">(NYSE:IWO)<\/a>  is currently trading at $93.98. IWO is trading <span style=\"color:red\">-0.19%<\/span> below its 50 day moving average and <span style=\"color:green\">8.78%<\/span> above  its 200 day moving average. IWO is <span style=\"color:red\">-4.71%<\/span> below its 52-week high and <span style=\"color:green\">37.71%<\/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 2000 Growth Index (the underlying index). The fund generally invests at least 90% of its assets in securities of<\/p>\n<p>More Posts by this author<\/p>\n<ul>\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/hot-stocks-to-watch\/silver-stock-price-update-for-today-apr-20\/25248\"><br \/>\nSilver Stock Price Update for Today,  Apr-20<\/a><\/li>\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/hot-stocks-to-watch\/silver-stock-price-update-for-today-apr-20-2\/25250\"><br \/>\nSilver Stock Price Update for Today,  Apr-20<\/a><\/li>\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/hot-stocks-to-watch\/gold-stock-price-update-for-today-apr-20\/25244\"><br \/>\nGold Stock Price Update for Today,  Apr-20<\/a><\/li>\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/hot-stocks-to-watch\/gold-stock-price-update-for-today-apr-20-2\/25245\"><br \/>\nGold Stock Price Update for Today,  Apr-20<\/a><\/li>\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/hot-stocks-to-watch\/top-losers-in-pre-market-today-apr-20\/25242\"><br \/>\nTop Losers in Pre-market  Today,  Apr-20<\/a><\/li>\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/hot-stocks-to-watch\/top-gainers-in-pre-market-today-apr-20\/25240\"><br \/>\nTop Gainers in Pre-market  Today,  Apr-20<\/a><\/li>\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/hot-stocks-to-watch\/insiders-sold-these-stocks-on-apr-19\/25238\"><br \/>\nInsiders Sold These Stocks on Apr-19<\/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>These stocks are hitting their trendline resistance. This is a bearish signal that means the stock might meet resistence in [&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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