Category: Company Chart Analysis
The analysis published under this category are as follows.
Thursday, June 24, 2010
Ryland Oil Corp, Oilpatch Buyouts Show Raw Land Can Be Worth $Millions / Companies / Company Chart Analysis
By: Keith_Schaefer
Today’s buyout of Ryland Oil (RYL-TSX) by Crescent Point Energy (CPG-TSX) is a good example of how large “resource plays” can get valued by investors. CPG paid $121.8 million, or roughly $0.45/share for Ryland.
But back in 2006, when the mania of the emerging Bakken oil play in North Dakota and southern Saskatchewan was at a peak, Ryland soared from 10 cents to $4 in months.
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Thursday, June 24, 2010
More Upside Ahead for Apple AAPL / Companies / Company Chart Analysis
By: Mike_Paulenoff
If we look at arguably the most constructive chart of all, Apple (AAPL), there is no evidence yet of a topping pattern, unlike in Ford (F), a stock we had liked for some time and discussed earlier today for our subscribers. In fact, all of the action in AAPL since Monday's new all-time high at 279.01 has the look of a high-level bullish consolidation-continuation pattern, which should resolve itself to the upside in a thrust to new highs. The chart projects into the 280-83 target zone, prior to a significant correction that points towards 240 and possibly 210/00.
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Wednesday, June 23, 2010
Stock Market Head and Shoulder’s? Where's Your Money? / Companies / Company Chart Analysis
By: JD_Rosendahl
The DOW trades lower today. I’ve been waiting for the market to at least consolidate, and we’ve seen the beginning of that over that the past two days. The market failed at the 50 day MA yesterday, and closed below the 200 day MA today. The DOW closed at its lows for the day right at the 38% retracement level. Price has failed at a level that qualifies for a right shoulder of a head and shoulders pattern, and caution on the long side is warranted. See chart below:
Tuesday, June 22, 2010
New Crisis Low for BP Stock Price / Companies / Company Chart Analysis
By: Mike_Paulenoff
British Petroleum (NYSE: BP) gapped down about 4% this morning (pre-market) into new low territory. Let's have a look at my long-term weekly chart work.
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Sunday, June 20, 2010
Dolby Laboratories, Incorporated (DLB), Entertaining a Price Appreciation! / Companies / Company Chart Analysis
By: Jeff_Neal
Dolby Laboratories, Incorporated (DLB) develops and delivers products and technologies for the entertainment industry worldwide. The company offers products and services for content creators, which include encoding products and services for moviemakers, music studios, and video game designers; encoders, decoders, and processors for television producers and broadcasters; and mastering and packaging services for digital cinema business. The company was founded in 1965 and is based in San Francisco, California.
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Sunday, June 20, 2010
Buy BP? / Companies / Company Chart Analysis
By: Jay_DeVincentis
Just in case you were thinking of buying BP, you need to understand the risks.
Here’s an image from one of my computer screens (I trade with 4 screens). This gives me a snapshot of the yearly, weekly and daily view of a stock. I like to see where a stock is in those time frames before every decision to buy or sell.
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Monday, June 14, 2010
Stock Trends Chart Analysis, Eye on Best Buy and FedEx / Companies / Company Chart Analysis
By: Mike_Paulenoff
There will be two significant earnings reports out this week. Best Buy Co. Inc. (BBY) will release their earnings before the market opens on Tuesday, and FedEx Corporation (FDX) will do so before the market opens on Wednesday.
Beginning with Best Buy, it's not a bad-looking chart. It peaked in April with the market and looks like the S&P 500 and overall stock market. Will earnings in Best Buy extend it to the upside? Will they have results that suggest that the economy has improved as a lot of the non-employment data have suggested recently? Do people have more disposable income to buy electronics, home office products, entertainment software, appliances, and related products?
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Sunday, June 13, 2010
Some Mining Stocks Analysis Using the True Strength Index Indicator / Companies / Company Chart Analysis
By: John_Townsend
Are you interested in discovering a new technical tool to use in your analysis of mining stocks? If so, this article may not only interest you, it may also help you make better trading decisions.
I hope you are familiar with the charting capabilities offered at www.FreeStockCharts.com. If not, you really owe it to yourself to explore this incredibly rich source of online and real-time charts, portfolio management and company specific news.
Thursday, June 10, 2010
BP Could Go Extinct, Share Price Crash / Companies / Company Chart Analysis
By: Daniel_Bruno
Chart 1 is a 30 year chart of British Petroleum. Key support going back to 1997 was broken on huge volume.
Wednesday, June 09, 2010
BP Plunging, S&P Recovering / Companies / Company Chart Analysis
By: Mike_Paulenoff
British Petroleum (NYSE: BP) and Transocean (NYSE: RIG) have created a bit of a Lehman feel to the markets today. Ironically, oil prices are rocketing. BP has plunged to levels not seen since 1996! Whether or not BP is heading into bankruptcy is immaterial, because Mr. Market certainly thinks so.
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Monday, June 07, 2010
Apple Correction Incomplete, SPX Looking Lower / Companies / Company Chart Analysis
By: Mike_Paulenoff
While the chart pattern of Apple (Nasdaq: AAPL) certainly looks much stronger than the overall market (SPX), all of the action since its peak in late-April has the right look of an intermediate-term corrective process that is incomplete. Both the pattern and the momentum configuration argue for AAPL to press towards a revisit of the 240-230 support area in the upcoming days/weeks prior to my expectation of another upleg within its otherwise still-intact bull market.
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Thursday, June 03, 2010
EMC Breaks Through Prior Rally Peaks / Companies / Company Chart Analysis
By: Mike_Paulenoff
EMC Corp (NYSE: EMC) is acting very strong today, and this morning hurdled its two prior rally peaks at 18.91/93, which sent the stock to 19.00 and should see a follow-through towards a test of critical resistance at 19.10/22.
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Thursday, June 03, 2010
Four Stocks to Watch for a Big Move / Companies / Company Chart Analysis
By: Mike_Stathis
I don’t make it a habit of analyzing short interest data. However, I always check the data when I initially scan a security because it can help when analyzing the charts.
Of course, if I want to design an entry/exit strategy, it becomes very important to know the short interest and the short interest ratio of the security in question.
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Wednesday, June 02, 2010
Wal-Mart, Next Decade’s Best Performer? / Companies / Company Chart Analysis
By: Kevin_Duffey
I believe we’re at the front end of a period of multi-year economic weakness. While the Federal government will continue to attempt to prop up the economy through simulus and quantitative easing efforts, I believe in the end, that these efforts will fail. The credit destruction will continue to out-run the fiscal blitz by our leadership. As such, I’m looking to position myself for a prolonged recession/depression. This means significant cash holdings, sound recession-resistent stocks with dividends, and even some precious metals holdings (to hedge against the possibility of monetary stimulus going too far).
Friday, May 28, 2010
Bullish on AMT / Companies / Company Chart Analysis
By: Mike_Paulenoff
All of the action in American Tower Corp. (NYSE: AMT) from the January 2010 high at 44.38 into this week's low at 38.09 has the right look of a completed major correction, which if accurate means that AMT also has just initiated a new upleg in its larger bull trend off of the November 2008 low at 19.35.
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Wednesday, May 26, 2010
Upside Projections for Ford (F) / Companies / Company Chart Analysis
By: Mike_Paulenoff
Looking at the hourly chart on Ford (F) since April 23, we can make the case technically that the recent spike lows at 10.14 and 10.40 represent a near-term double-bottom. This morning Ford broke above key resistance at 11.35/45 and continued higher, which has confirmed the near-term, base-like pattern, and which triggered upside projections into the 12.20/40 area next.
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Sunday, May 23, 2010
Goldman Shares Poised To Fall After Rising on False SEC Settlement Rumor / Companies / Company Chart Analysis
By: Static_Chaos
Since the SEC's probe, Goldman Sachs Group Inc. (GS) shares have dropped more than 20%, but reversed course on Friday rising as much as 5.4%. (See Chart)
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Friday, May 21, 2010
Eyeing Key Support on Ford / Companies / Company Chart Analysis
By: Mike_Paulenoff
Let's notice that on the way down this morning, Ford (NYSE: F) violated is major trendline from March 2009 at 11.10, then sliced below its Jan-May support line at 11.60 and finally tested its rising 200 DMA at 11.12.
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Wednesday, April 28, 2010
Bristol-Myers Squibb BMY Correction Appears Complete / Companies / Company Chart Analysis
By: Mike_Paulenoff
The price pattern and my near-term intermediate-term momentum work argue strongly that Bristol-Myers Squibb (NYSE: BMY) finished a corrective downleg at this morning's low of 24.07 off of its Mar 29 high at 27.07. As long as key support between 24.10 and 23.50 contains any acute (forthcoming) selling pressure, the larger base pattern from Sept 2008 remains intact and dominant.
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Tuesday, April 27, 2010
Double-Top in UltraShort Financial SKF ETF / Companies / Company Chart Analysis
By: Mike_Paulenoff
I have no idea where the ProShares UltraShort Financials ETF (NYSE: SKF) might close, but the chart structure below argues strongly that a significant double bottom at 16.68 and 16.94 is in full development, and is now putting upward pressure on the key resistance plateau between 18.30 and 18.60. If and when hurdled, this will trigger upside projections of 19.50-20.00 and then 21.60-22.00. Such a scenario will indicate that the financial sector has established a significant near-term top (SKF bottom) formation.
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