Navigate this market better. Subscribe for FREE stock alerts and information.

Thursday, October 13, 2011

Bullish Wedge Pattern Detected: (HOGS), (BH), (APH), (CBRL), (OPEN)

Downward wedge patterns have been noticed on October 13 for the stocks Zhongpin, Inc, Biglari Holdings Inc, Amphenol Corporation, Cracker Barrel Old Country Store, Inc, and OpenTable, Inc. The price range of these stocks is getting more narrow as the downward trend continues, thus signally the trend is losing steam. This sends a bullish signal to investors as the downward trend is ending.

Shares of Zhongpin, Inc (HOGS) traded higher by 8.93% or $0.71/share to $8.66. In the past year, the shares have traded as low as $6.60 and as high as $25.00. On average, 784810 shares of HOGS exchange hands on a given day and today's volume is recorded at 446047.

Shares of Biglari Holdings Inc (BH) fell by 3.28% or $-10.79/share to $318.2. In the past year, the shares have traded as low as $279.86 and as high as $464.80. On average, 9100 shares of BH exchange hands on a given day and today's volume is recorded at 15839.

Shares of Amphenol Corporation (APH) fell by 0.02% or $-0.01/share to $43.25. In the past year, the shares have traded as low as $38.98 and as high as $59.06. On average, 1747540 shares of APH exchange hands on a given day and today's volume is recorded at 1208146.

Shares of Cracker Barrel Old Country Store, Inc (CBRL) fell by 0.38% or $-0.16/share to $42.04. In the past year, the shares have traded as low as $37.31 and as high as $57.03. On average, 313770 shares of CBRL exchange hands on a given day and today's volume is recorded at 80167.

Shares of OpenTable, Inc (OPEN) traded higher by 3.53% or $1.77/share to $51.86. In the past year, the shares have traded as low as $39.71 and as high as $118.67. On average, 1529110 shares of OPEN exchange hands on a given day and today's volume is recorded at 575848.