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Sunday, December 18, 2011

Forming Upward Wedge Alert: (HANS), (ACG), (LMT), (ACCL), (IACI)

Upward wedge patterns have been noticed on December 18 for the stocks Hansen Natural Corporation, AllianceBernstein Income Fund, Inc, Lockheed Martin Corporation, Accelrys Inc, and IAC/InterActiveCorp. The price range of these stocks is getting more narrow as the upward trend continues, thus signally the trend is losing steam. This sends a bearish signal to investors as the upward trend is ending.

Shares of Hansen Natural Corporation (HANS) traded higher by 4.30% or $3.95/share to $95.89. In the past year, the shares have traded as low as $50.34 and as high as $97.31. On average, 1064730 shares of HANS exchange hands on a given day and today's volume is recorded at 3989197.

Shares of AllianceBernstein Income Fund, Inc (ACG) traded higher by 0.12% or $0.01/share to $8.12. In the past year, the shares have traded as low as $7.13 and as high as $8.14. On average, 567840 shares of ACG exchange hands on a given day and today's volume is recorded at 489025.

Shares of Lockheed Martin Corporation (LMT) traded higher by 0.23% or $0.18/share to $77.1. In the past year, the shares have traded as low as $64.84 and as high as $80.35. On average, 2682710 shares of LMT exchange hands on a given day and today's volume is recorded at 3970435.

Shares of Accelrys Inc (ACCL) traded higher by 2.01% or $0.13/share to $6.6. In the past year, the shares have traded as low as $5.68 and as high as $8.95. On average, 182390 shares of ACCL exchange hands on a given day and today's volume is recorded at 190182.

Shares of IAC/InterActiveCorp (IACI) traded higher by 2.37% or $0.96/share to $41.53. In the past year, the shares have traded as low as $27.97 and as high as $43.77. On average, 1060060 shares of IACI exchange hands on a given day and today's volume is recorded at 1000666.