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Friday, December 2, 2011

Stocks with Upward Wedge Patterns: (HANS), (MDRX), (MCS), (FIZZ), (MA)

Upward wedge patterns have been noticed on December 2 for the stocks Hansen Natural Corporation, Allscripts Healthcare Solutions, Inc, The Marcus Corporation, National Beverage Corp, and Mastercard Incorporated. 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 1.71% or $1.57/share to $93.65. In the past year, the shares have traded as low as $48.28 and as high as $97.31. On average, 1139070 shares of HANS exchange hands on a given day and today's volume is recorded at 484458.

Shares of Allscripts Healthcare Solutions, Inc (MDRX) fell by 2.24% or $-0.44/share to $19.0. In the past year, the shares have traded as low as $13.85 and as high as $23.14. On average, 1930850 shares of MDRX exchange hands on a given day and today's volume is recorded at 1328466.

Shares of The Marcus Corporation (MCS) traded higher by 2.74% or $0.32/share to $12.01. In the past year, the shares have traded as low as $7.94 and as high as $14.19. On average, 108170 shares of MCS exchange hands on a given day and today's volume is recorded at 30281.

Shares of National Beverage Corp (FIZZ) traded higher by 0.77% or $0.13/share to $16.95. In the past year, the shares have traded as low as $11.16 and as high as $17.76. On average, 45320 shares of FIZZ exchange hands on a given day and today's volume is recorded at 14757.

Shares of Mastercard Incorporated (MA) fell by 0.55% or $-2.10/share to $378.85. In the past year, the shares have traded as low as $214.54 and as high as $381.94. On average, 1342670 shares of MA exchange hands on a given day and today's volume is recorded at 737695.