Stocks Reaching Trendline Resistance (Bearish) on Dec-10

These stocks are hitting their trendline resistance. This is a bearish signal that means the stock might meet resistence in attempting to break out to a higher price.

Caterpillar Inc. (NYSE:CAT) is currently trading at $87.23 up 0.28% in today’s trading. CAT is trading 3.14% above its 50 day moving average and -4.15% below its 200 day moving average. CAT is -24.16% below its 52-week high and 12.86% above its 52-week low. CAT’s PE ratio is 8.93 and their market cap is $57.04B.

Caterpillar Inc. provides construction and mining equipment; diesel and natural gas engines and industrial gas turbines. It also provides financing alternatives to its customers.

National Grid plc (NYSE:NGG) is currently trading at $57.01 up 0.56% in today’s trading. NGG is trading 3.33% above its 50 day moving average and 9.93% above its 200 day moving average. NGG is -0.07% below its 52-week high and 30.08% above its 52-week low. NGG’s PE ratio is 11.24 and their market cap is $41.48B.

National Grid PLC owns and operates regulated electricity and gas infrastructure networks in the UK and the US.

Emerson Electric Co. (NYSE:EMR) is currently trading at $51.23 up 0.75% in today’s trading. EMR is trading 4.91% above its 50 day moving average and 6.13% above its 200 day moving average. EMR is -2.50% below its 52-week high and 19.43% above its 52-week low. EMR’s PE ratio is 19.12 and their market cap is $37.10B.

Emerson Electric Co. is engaged in designing and supplying product technology and delivering engineering services in industrial, commercial and consumer markets.

Lockheed Martin Corporation (NYSE:LMT) is currently trading at $92.41 up 0.55% in today’s trading. LMT is trading 1.14% above its 50 day moving average and 5.81% above its 200 day moving average. LMT is -2.47% below its 52-week high and 27.35% above its 52-week low. LMT’s PE ratio is 10.55 and their market cap is $29.90B.

Lockheed Martin Corporation is a global security company is engaged in the research, design, development, manufacture, integration, operation and sustainment of advanced technology systems and products.

iShares Barclays TIPS Bond (NYSE:TIP) is currently trading at $123.30 up 0.12% in today’s trading. TIP is trading 1.15% above its 50 day moving average and 3.26% above its 200 day moving average. TIP is -0.11% below its 52-week high and 8.51% above its 52-week low.

International Game Technology is a global gaming company engaged in the design, manufacture, and marketing of electronic gaming equipment and systems products.

PPG Industries Inc. (NYSE:PPG) is currently trading at $123.84 up 2.04% in today’s trading. PPG is trading 4.79% above its 50 day moving average and 16.39% above its 200 day moving average. PPG is -3.11% below its 52-week high and 60.65% above its 52-week low. PPG’s PE ratio is 20.67 and their market cap is $18.99B.

PPG Industries, Inc manufactures coatings, glass and chemical products. The Company is a major global supplier of protective and decorative coatings.

Cabot Oil & Gas Corporation (NYSE:COG) is currently trading at $48.03 down -1.66% in today’s trading. COG is trading 3.39% above its 50 day moving average and 22.12% above its 200 day moving average. COG is -3.73% below its 52-week high and 66.77% above its 52-week low. COG’s PE ratio is 85.77 and their market cap is $10.10B.

Cabot Oil & Gas Corporation is an independent oil and gas company engaged in the development, exploitation and exploration of oil and gas properties located in North America.

CH Robinson Worldwide Inc. (NASDAQ:CHRW) is currently trading at $61.94 up 2.21% in today’s trading. CHRW is trading 2.46% above its 50 day moving average and 3.63% above its 200 day moving average. CHRW is -12.28% below its 52-week high and 22.61% above its 52-week low. CHRW’s PE ratio is 22.52 and their market cap is $9.98B.

CH Robinson Worldwide, Inc. is a third party logistics company, which provides freight transportation services and logistics solutions to companies of all sizes, in a variety of industries.

Juniper Networks Inc. (NYSE:JNPR) is currently trading at $19.28 down -0.05% in today’s trading. JNPR’s RSI is currently at 72.01 which indicates that the stock is overbought. JNPR is trading 12.09% above its 50 day moving average and 5.04% above its 200 day moving average. JNPR is -23.00% below its 52-week high and 37.62% above its 52-week low. JNPR’s PE ratio is 55.09 and their market cap is $9.94B.

Juniper Networks Inc designs, develops and sells innovative products and services that together provide its customers with high-performance network infrastructure built on simplicity, security, openness and scale.

Eastman Chemical Co. (NYSE:EMN) is currently trading at $62.71 up 1.39% in today’s trading. EMN is trading 8.44% above its 50 day moving average and 18.77% above its 200 day moving average. EMN is 1.23% above its 52-week high and 78.45% above its 52-week low. EMN’s PE ratio is 15.37 and their market cap is $9.62B.

Eastman Chemical Company is a chemical company which manufactures and sells a portfolio of chemicals, plastics and fibers. Eastman has eleven manufacturing sites in seven countries that supply chemicals, plastics, and fibers products to customers.

Ametek Inc. (NYSE:AME) is currently trading at $38.02 up 0.77% in today’s trading. AME is trading 6.20% above its 50 day moving average and 12.76% above its 200 day moving average. AME is 0.45% above its 52-week high and 45.60% above its 52-week low. AME’s PE ratio is 21.01 and their market cap is $9.24B.

AMETEK, Inc. is a global manufacturer of electronic instruments and electromechanical devices with operations in North America, Europe, Asia, and South America.

SBA Communications Corp. (NASDAQ:SBAC) is currently trading at $68.90 down -0.26% in today’s trading. SBAC is trading 4.26% above its 50 day moving average and 19.78% above its 200 day moving average. SBAC is -1.05% below its 52-week high and 74.96% above its 52-week low.

SBA Communications Corporation is an independent owner and operator of wireless communications towers in United States, Puerto Rico, and the U.S. Virgin Islands.

Quanta Services Inc. (NYSE:PWR) is currently trading at $26.92 up 3.46% in today’s trading. PWR is trading 7.74% above its 50 day moving average and 15.38% above its 200 day moving average. PWR is 0.86% above its 52-week high and 36.37% above its 52-week low. PWR’s PE ratio is 20.87 and their market cap is $6.05B.

Quanta Services, Inc. is a provider of contracting services, delivering solutions for the electric power, natural gas and pipeline and telecommunication industries.

James Hardie Industries SE (NYSE:JHX) is currently trading at $49.50 up 0.02% in today’s trading. JHX is trading 5.13% above its 50 day moving average and 20.17% above its 200 day moving average. JHX is -0.96% below its 52-week high and 67.91% above its 52-week low. JHX’s PE ratio is 7.75 and their market cap is $4.33B.

James Hardie Industries PLC manufactures and sells fiber cement building products such as Lap Siding, Boards, Panels, Exterior Design products & weather barriers, mainly in the United States, Australia, New Zealand, the Philippines and Europe.

Alex Fredricks

Alex Fredricks

Alex Fredricks has a degree in business and is an avid day-trader. Alex's experience and love for the game of the markets is shown not only in his posts, but the post he helps edit for other authors on our staff.