These stocks, ManTech International Corporation, Interface Inc, Crosstex Energy LP, Dice Holdings, Inc, and Harsco Corporation, have been showing ascending triangle patterns on April 26. This pattern is a bullish formation that usually forms at the time of a upswing as a continuation pattern. Key characteristics that investors can look out for are trend patterns, duration and volume. In order for the pattern to be a continuation, an established pattern should exist. Since the pattern is bullish, the length and duration do not matter. What is important is the robustness of the formation. As mentioned, duration is not that important, but the average pattern lasts 1 to 2 month. As the pattern develops volume contracts and once the stock hits a break point, volume usually expands. The expansion confirms the breakout. This stock has been on a upswing, thus allowing investors to identify a resistance point. Investors may wan to consider going bearish on a breakpoint above the resistance point.
Shares of ManTech International Corporation (MANT) traded higher by 0.94% or $0.30/share to $32.21. In the past year, the shares have traded as low as $28.78 and as high as $45.40. On average, 181360 shares of MANT exchange hands on a given day and today's volume is recorded at 58906.
Shares of Interface Inc (IFSIA) traded higher by 12.22% or $1.52/share to $13.96. In the past year, the shares have traded as low as $9.73 and as high as $20.38. On average, 422640 shares of IFSIA exchange hands on a given day and today's volume is recorded at 1896054.
Shares of Crosstex Energy LP (XTEX) traded higher by 0.79% or $0.14/share to $17.77. In the past year, the shares have traded as low as $12.74 and as high as $18.89. On average, 167780 shares of XTEX exchange hands on a given day and today's volume is recorded at 181729.
Shares of Dice Holdings, Inc (DHX) traded higher by 1.89% or $0.19/share to $10.49. In the past year, the shares have traded as low as $7.02 and as high as $18.74. On average, 459960 shares of DHX exchange hands on a given day and today's volume is recorded at 402714.
Shares of Harsco Corporation (HSC) traded higher by 1.36% or $0.30/share to $22.4. In the past year, the shares have traded as low as $17.26 and as high as $34.79. On average, 686750 shares of HSC exchange hands on a given day and today's volume is recorded at 317136.
