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Sunday, March 25, 2012

Bulls Taking Control?: (BNCL), (AMT), (VRSK), (NM), (SUSS)

These stocks, Beneficial Mutual Bancorp Inc, American Tower Corporation, Verisk Analytics, Inc, Navios Maritime Holdings Inc, and Susser Holdings Corporation, have been showing upward channel patterns on March 25. This pattern is short-term bullish as the stock rises within the ascending channel, but these patterns form long downtrends as a continuation pattern. The stock displays an upward tilt and is controlled by two parallel lines. The lower line connects two consecutive higher lows. The higher line connects to consecutive higher highs. As the price hits the lower line, it bounces up to the higher line which acts as a resistance line. Investors may want to consider investing when the price hits the lower line for short-term bounce plays.

Shares of Beneficial Mutual Bancorp Inc (BNCL) traded higher by 4.22% or $0.37/share to $9.13. In the past year, the shares have traded as low as $7.12 and as high as $9.29. On average, 58040 shares of BNCL exchange hands on a given day and today's volume is recorded at 42429.

Shares of American Tower Corporation (AMT) fell by 0.37% or $-0.23/share to $61.75. In the past year, the shares have traded as low as $46.04 and as high as $64.55. On average, 3064620 shares of AMT exchange hands on a given day and today's volume is recorded at 3381825.

Shares of Verisk Analytics, Inc (VRSK) fell by 0.20% or $-0.09/share to $46.0. In the past year, the shares have traded as low as $30.88 and as high as $46.29. On average, 707640 shares of VRSK exchange hands on a given day and today's volume is recorded at 922703.

Shares of Navios Maritime Holdings Inc (NM) traded higher by 1.69% or $0.07/share to $4.22. In the past year, the shares have traded as low as $2.75 and as high as $5.65. On average, 471170 shares of NM exchange hands on a given day and today's volume is recorded at 204191.

Shares of Susser Holdings Corporation (SUSS) traded higher by 2.23% or $0.56/share to $25.68. In the past year, the shares have traded as low as $12.83 and as high as $27.99. On average, 134540 shares of SUSS exchange hands on a given day and today's volume is recorded at 92529.