These stocks, Mountain Province Diamonds Inc, Niska Gas Storage Partners LLC, Dr. Reddy's Laboratories Ltd, Ancestry.com Inc, and SodaStream International Ltd, have been showing multiple bottom patterns on April 7. Multiple tops are a reverse chart pattern where a stock is in a downard trend and hits a resistance level several times. After hitting resistance levels, the stock reverses and continues on a upward trend. As the stock is in a downtrend and hits the resistance level, the stock heads back up forming a reverse swing top. As the upward trend loses steam, the stock heads back down again to the resistance level. This forms a bottom and when this happens more than 2 or 3 times its called a multiple bottom. Investors should pay attention to the resistance levels and should maybe consider buying at these levels.
Shares of Mountain Province Diamonds Inc (MDM) traded higher by 2.06% or $0.11/share to $5.46. In the past year, the shares have traded as low as $3.48 and as high as $6.54. On average, 16070 shares of MDM exchange hands on a given day and today's volume is recorded at 8300.
Shares of Niska Gas Storage Partners LLC (NKA) traded higher by 0.42% or $0.04/share to $9.53. In the past year, the shares have traded as low as $8.17 and as high as $19.92. On average, 207290 shares of NKA exchange hands on a given day and today's volume is recorded at 90080.
Shares of Dr. Reddy's Laboratories Ltd (RDY) fell by 0.18% or $-0.06/share to $33.6. In the past year, the shares have traded as low as $28.75 and as high as $39.09. On average, 225290 shares of RDY exchange hands on a given day and today's volume is recorded at 90170.
Shares of Ancestry.com Inc (ACOM) fell by 1.68% or $-0.40/share to $23.38. In the past year, the shares have traded as low as $20.67 and as high as $45.79. On average, 1045160 shares of ACOM exchange hands on a given day and today's volume is recorded at 661971.
Shares of SodaStream International Ltd (SODA) traded higher by 3.35% or $1.08/share to $33.31. In the past year, the shares have traded as low as $27.60 and as high as $79.73. On average, 1465360 shares of SODA exchange hands on a given day and today's volume is recorded at 647363.
