These stocks, MarketAxess Holdings Inc, Korn/Ferry International, Noble Energy, Inc, Beneficial Mutual Bancorp Inc, and Magellan Midstream Partners LP, have been showing upward channel patterns on March 24. 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 MarketAxess Holdings Inc (MKTX) traded higher by 2.04% or $0.74/share to $37.06. In the past year, the shares have traded as low as $20.43 and as high as $37.25. On average, 253630 shares of MKTX exchange hands on a given day and today's volume is recorded at 233653.
Shares of Korn/Ferry International (KFY) traded higher by 1.68% or $0.26/share to $15.71. In the past year, the shares have traded as low as $11.25 and as high as $23.98. On average, 352780 shares of KFY exchange hands on a given day and today's volume is recorded at 234119.
Shares of Noble Energy, Inc (NBL) traded higher by 1.12% or $1.07/share to $96.36. In the past year, the shares have traded as low as $65.60 and as high as $105.46. On average, 1416600 shares of NBL exchange hands on a given day and today's volume is recorded at 1010529.
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 Magellan Midstream Partners LP (MMP) traded higher by 0.29% or $0.21/share to $72.66. In the past year, the shares have traded as low as $49.77 and as high as $73.74. On average, 265870 shares of MMP exchange hands on a given day and today's volume is recorded at 166858.
