{"id":26820,"date":"2012-05-10T17:00:00","date_gmt":"2012-05-10T17:00:00","guid":{"rendered":"https:\/\/www2.thestockmarketwatch.com\/stock-market-news\/stocks-reaching-trendline-resistance-bearish-on-may-10\/26812\/"},"modified":"2012-05-10T17:00:00","modified_gmt":"2012-05-10T17:00:00","slug":"stocks-reaching-trendline-resistance-bearish-on-may-10","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/stocks-reaching-trendline-resistance-bearish-on-may-10\/26820\/","title":{"rendered":"Stocks Reaching Trendline Resistance (Bearish) on May-10"},"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 $27.24 <span style=\"color:green;\">up 0.18%<\/span>  in today&#8217;s trading. INTC is trading <span style=\"color:red\">-1.26%<\/span> below its 50 day moving average and <span style=\"color:green\">12.28%<\/span> above  its 200 day moving average. INTC is <span style=\"color:red\">-6.94%<\/span> below its 52-week high and <span style=\"color:green\">45.66%<\/span> above  its 52-week low. INTC&#8217;s PE ratio is 11.52 and their market cap is $136.16B. <\/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>Anheuser-Busch InBev<\/b> <a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=BUD\">(NYSE:BUD)<\/a>  is currently trading at $71.56 <span style=\"color:red;\">down -0.21%<\/span>  in today&#8217;s trading. BUD is trading <span style=\"color:green\">1.63%<\/span> above  its 50 day moving average and <span style=\"color:green\">19.71%<\/span> above  its 200 day moving average. BUD is <span style=\"color:red\">-4.69%<\/span> below its 52-week high and <span style=\"color:green\">49.16%<\/span> above  its 52-week low. BUD&#8217;s PE ratio is 19.65 and their market cap is $115.17B. <\/p>\n<p>Anheuser-Busch InBev SA is engaged in the business of brewer and consumer products.<\/p>\n<p><b>Enbridge Inc.<\/b> <a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=ENB\">(NYSE:ENB)<\/a>  is currently trading at $40.52 <span style=\"color:green;\">up 2.07%<\/span>  in today&#8217;s trading. ENB is trading <span style=\"color:green\">3.24%<\/span> above  its 50 day moving average and <span style=\"color:green\">14.36%<\/span> above  its 200 day moving average. ENB is <span style=\"color:red\">-3.66%<\/span> below its 52-week high and <span style=\"color:green\">45.40%<\/span> above  its 52-week low. ENB&#8217;s PE ratio is 28.36 and their market cap is $31.15B. <\/p>\n<p>Enbridge Inc is engaged in delivering natural gas energy.<\/p>\n<p><b>Archer Daniels Midland Company<\/b> <a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=ADM\">(NYSE:ADM)<\/a>  is currently trading at $33.50 <span style=\"color:green;\">up 2.57%<\/span>  in today&#8217;s trading. ADM is trading <span style=\"color:green\">6.30%<\/span> above  its 50 day moving average and <span style=\"color:green\">14.97%<\/span> above  its 200 day moving average. ADM is <span style=\"color:green\">0.60%<\/span> above  its 52-week high and <span style=\"color:green\">43.04%<\/span> above  its 52-week low. ADM&#8217;s PE ratio is 16.41 and their market cap is $21.61B. <\/p>\n<p>Archer Daniels Midland Company is a processor of oilseeds, corn, wheat, cocoa, and other feedstuffs and is a manufacturer of vegetable oil and protein meal, corn sweeteners, flour, biodiesel, ethanol, and other value-added food and feed ingredients.<\/p>\n<p><b>Discovery Communications Inc.<\/b> <a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=DISCA\">(NASDAQ:DISCA)<\/a>  is currently trading at $50.78 <span style=\"color:green;\">up 0.61%<\/span>  in today&#8217;s trading. DISCA is trading <span style=\"color:green\">1.07%<\/span> above  its 50 day moving average and <span style=\"color:green\">16.87%<\/span> above  its 200 day moving average. DISCA is <span style=\"color:red\">-8.26%<\/span> below its 52-week high and <span style=\"color:green\">46.13%<\/span> above  its 52-week low. DISCA&#8217;s PE ratio is 18.03 and their market cap is $14.35B. <\/p>\n<p>Discovery Communications, Inc. is a global media and entertainment company that provides original and purchased programming across multiple distribution platforms in the United States &#8216;U.S.&#8217; and more than 170 other countries.<\/p>\n<p><b>Ross Stores Inc.<\/b> <a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=ROST\">(NASDAQ:ROST)<\/a>  is currently trading at $61.79 <span style=\"color:green;\">up 1.01%<\/span>  in today&#8217;s trading. ROST is trading <span style=\"color:green\">5.58%<\/span> above  its 50 day moving average and <span style=\"color:green\">30.00%<\/span> above  its 200 day moving average. ROST is <span style=\"color:red\">-4.63%<\/span> below its 52-week high and <span style=\"color:green\">85.97%<\/span> above  its 52-week low. ROST&#8217;s PE ratio is 21.39 and their market cap is $13.86B. <\/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>Airgas Inc.<\/b> <a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=ARG\">(NYSE:ARG)<\/a>  is currently trading at $92.49 <span style=\"color:green;\">up 1.28%<\/span>  in today&#8217;s trading. ARG is trading <span style=\"color:green\">5.56%<\/span> above  its 50 day moving average and <span style=\"color:green\">23.06%<\/span> above  its 200 day moving average. ARG is <span style=\"color:green\">0.10%<\/span> above  its 52-week high and <span style=\"color:green\">61.59%<\/span> above  its 52-week low. ARG&#8217;s PE ratio is 22.83 and their market cap is $6.97B. <\/p>\n<p>Airgas, Inc. through its subsidiaries, is a distributor of industrial, medical, and specialty gases and hardgoods, such as welding equipment and supplies.<\/p>\n<p><b>Alliance Data Systems Corporation<\/b> <a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=ADS\">(NYSE:ADS)<\/a>  is currently trading at $125.80 <span style=\"color:green;\">up 0.92%<\/span>  in today&#8217;s trading. ADS is trading <span style=\"color:green\">0.23%<\/span> above  its 50 day moving average and <span style=\"color:green\">17.79%<\/span> above  its 200 day moving average. ADS is <span style=\"color:red\">-3.72%<\/span> below its 52-week high and <span style=\"color:green\">56.51%<\/span> above  its 52-week low. ADS&#8217;s PE ratio is 21.60 and their market cap is $6.50B. <\/p>\n<p>Alliance Data Systems Corporation is a provider of data-driven and transaction-based marketing and customer loyalty solutions.<\/p>\n<p><b>JB Hunt Transport Services Inc.<\/b> <a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=JBHT\">(NASDAQ:JBHT)<\/a>  is currently trading at $55.23 <span style=\"color:red;\">down -0.49%<\/span>  in today&#8217;s trading. JBHT is trading <span style=\"color:green\">1.29%<\/span> above  its 50 day moving average and <span style=\"color:green\">19.66%<\/span> above  its 200 day moving average. JBHT is <span style=\"color:red\">-3.83%<\/span> below its 52-week high and <span style=\"color:green\">61.37%<\/span> above  its 52-week low. JBHT&#8217;s PE ratio is 24.45 and their market cap is $6.50B. <\/p>\n<p>J.B. Hunt Transport Services, Inc is the wholesale distributor of specialty technology products, providing value-added distribution sales to resellers in the specialty technology markets.<\/p>\n<p><b>Lennar Corp.<\/b> <a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=LEN\">(NYSE:LEN)<\/a>  is currently trading at $28.10 <span style=\"color:red;\">down -2.90%<\/span>  in today&#8217;s trading. LEN is trading <span style=\"color:green\">7.35%<\/span> above  its 50 day moving average and <span style=\"color:green\">42.24%<\/span> above  its 200 day moving average. LEN is <span style=\"color:red\">-6.58%<\/span> below its 52-week high and <span style=\"color:green\">132.88%<\/span> above  its 52-week low. LEN&#8217;s PE ratio is 70.59 and their market cap is $5.48B. <\/p>\n<p>Lennar Corporation is a builder of quality homes for all generations. The Company builds affordable, move-up and retirement homes primarily under the Lennar brand name.<\/p>\n<p><b>Equifax Inc.<\/b> <a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=EFX\">(NYSE:EFX)<\/a>  is currently trading at $46.08 <span style=\"color:green;\">up 1.54%<\/span>  in today&#8217;s trading. EFX is trading <span style=\"color:green\">4.62%<\/span> above  its 50 day moving average and <span style=\"color:green\">23.21%<\/span> above  its 200 day moving average. EFX is <span style=\"color:red\">-2.46%<\/span> below its 52-week high and <span style=\"color:green\">63.50%<\/span> above  its 52-week low. EFX&#8217;s PE ratio is 22.69 and their market cap is $5.46B. <\/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>Timken Co.<\/b> <a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=TKR\">(NYSE:TKR)<\/a>  is currently trading at $53.73 <span style=\"color:green;\">up 1.45%<\/span>  in today&#8217;s trading. TKR is trading <span style=\"color:green\">2.87%<\/span> above  its 50 day moving average and <span style=\"color:green\">22.81%<\/span> above  its 200 day moving average. TKR is <span style=\"color:red\">-7.27%<\/span> below its 52-week high and <span style=\"color:green\">79.71%<\/span> above  its 52-week low. TKR&#8217;s PE ratio is 10.53 and their market cap is $5.17B. <\/p>\n<p>Timken Company develops, manufactures, markets and sells products for friction management and power transmission, alloy steels and steel components.<\/p>\n<p><b>Arthur J Gallagher &#038; Co.<\/b> <a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=AJG\">(NYSE:AJG)<\/a>  is currently trading at $35.86 <span style=\"color:red;\">down -0.42%<\/span>  in today&#8217;s trading. AJG is trading <span style=\"color:green\">0.59%<\/span> above  its 50 day moving average and <span style=\"color:green\">14.77%<\/span> above  its 200 day moving average. AJG is <span style=\"color:red\">-6.22%<\/span> below its 52-week high and <span style=\"color:green\">52.35%<\/span> above  its 52-week low. AJG&#8217;s PE ratio is 25.91 and their market cap is $4.26B. <\/p>\n<p>Arthur J. Gallagher &#038; Co. and its subsidiaries are engaged in providing insurance brokerage and third-party claims settlement and administration services to entities in the U.S. and abroad.<\/p>\n<p><b>Lincoln Electric Holdings Inc.<\/b> <a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=LECO\">(NASDAQ:LECO)<\/a>  is currently trading at $48.95 <span style=\"color:red;\">down -0.08%<\/span>  in today&#8217;s trading. LECO is trading <span style=\"color:green\">5.37%<\/span> above  its 50 day moving average and <span style=\"color:green\">25.65%<\/span> above  its 200 day moving average. LECO is <span style=\"color:red\">-2.74%<\/span> below its 52-week high and <span style=\"color:green\">83.82%<\/span> above  its 52-week low. LECO&#8217;s PE ratio is 17.62 and their market cap is $4.10B. <\/p>\n<p>Lincoln Electric Holdings, Inc. is a manufacturer &#038; reseller of welding and cutting products. Welding products include arc welding power sources, wire feeding systems, robotic welding packages, fume extraction equipment, consumable electrodes and fluxes.<\/p>\n<p><b>Targa Resources Partners LP<\/b> <a href=\"https:\/\/thestockmarketwatch.com\/stock.aspx?stock=NGLS\">(NYSE:NGLS)<\/a>  is currently trading at $43.03 <span style=\"color:red;\">down -0.32%<\/span>  in today&#8217;s trading. NGLS is trading <span style=\"color:green\">2.44%<\/span> above  its 50 day moving average and <span style=\"color:green\">16.95%<\/span> above  its 200 day moving average. NGLS is <span style=\"color:red\">-5.26%<\/span> below its 52-week high and <span style=\"color:green\">56.39%<\/span> above  its 52-week low. NGLS&#8217;s PE ratio is 19.19 and their market cap is $3.93B. <\/p>\n<p>Targa Resources Partners LP is engaged in the business of gathering, compressing, treating, processing and selling natural gas and fractionating and selling natural gas liquids and NGL products.<\/p>\n<p>More Posts by this author<\/p>\n<ul>\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/trending-stocks\/usb-dis-met-mdrx-ung-are-stocks-trending-up\/26935\"><br \/>\nUSB, DIS, MET, MDRX, UNG are Stocks Trending Up<\/a><\/li>\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/52-week-highs\/arna-t-vz-dis-lcc-hit-new-52-week-highs\/26931\"><br \/>\nARNA, T, VZ, DIS, LCC Hit New 52-Week Highs<\/a><\/li>\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/52-week-highs\/arna-t-vz-dis-lcc-hit-new-52-week-highs\/26932\"><br \/>\nARNA, T, VZ, DIS, LCC Hit New 52-Week Highs<\/a><\/li>\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/volume-spikes\/arna-mdr-mww-dds-rprx-had-unusual-volume\/26927\"><br \/>\nARNA, MDR, MWW, DDS, RPRX Had Unusual Volume<\/a><\/li>\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/volume-spikes\/arna-mdr-mww-dds-rprx-had-unusual-volume\/26928\"><br \/>\nARNA, MDR, MWW, DDS, RPRX Had Unusual Volume<\/a><\/li>\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/hot-stocks-to-watch\/silver-stock-price-update-for-today-may-11-2\/26922\"><br \/>\nSilver Stock Price Update for Today,  May-11<\/a><\/li>\n<li><a href=\"https:\/\/thestockmarketwatch.com\/stock-market-news\/hot-stocks-to-watch\/gold-stock-price-update-for-today-may-11-2\/26920\"><br \/>\nGold Stock Price Update for Today,  May-11<\/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 center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"rank_math_schema_Article":[],"rank_math_focus_keyword":[],"rank_math_description":[],"financial_data_references":[],"stock_symbols_mentioned":[],"footnotes":""},"categories":[6],"tags":[1741,1839,31,1995,226,2099,519,2188,787,2282,1273,2854,1311,1486,1584,1709],"class_list":["post-26820","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hot-stocks-to-watch","tag-jbht","tag-disca","tag-intc","tag-trendline-resistance","tag-adm","tag-260-area-stocks-have-reacted-violently-off-of-the-recent-short-term-low-at-the-beginning-of-the-week","tag-ajg","tag-bud","tag-tkr","tag-ngls","tag-adsk","tag-leco","tag-rost","tag-arg","tag-efx","tag-enb"],"_links":{"self":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/26820","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/comments?post=26820"}],"version-history":[{"count":0,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/26820\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media\/50312"}],"wp:attachment":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media?parent=26820"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/categories?post=26820"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/tags?post=26820"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}