Each day we write a few articles covering stocks making key technical developments.

SandRidge Energy: Momentum at the 200 day

by Josh Articles

SandRidge Energy ($SD) is continuing the move to the upside. SandRidge Energy is up 3.81% at $5.70 on a volume of 4,873,870 shares. SandRidge Energy continues to trade along the upper edge of the price envelope.

Shares are crossing the 200 day moving average today, which is currently $5.58. Also on the technical front, shares are testing a breakout of the lower highs from from the the February, August and Sept highs.

52 Week Range $4.52-$7.80
Market Cap 2,807,121,363
Average Volume 8,466,697
Dividend Yield 0.00%
Institutional Ownership 81.70%
Insider Ownership: 10.70%
Percentage of Float Short 10.40%
Beta 2.21

SandRidge Energy SandRidge Energy, Inc. is an natural gas and oil company, which is engaged into exploration, development and production activities.

Caterpillar: Above the 200 Day Moving Average (NYSE:CAT) (NYSE:EEM)

by Josh Articles

Caterpillar Inc. ($CAT) is crossing above the 200 day moving average today. This is a bullish development, the 200 day is a well respected longer term resistance line. A confirming bounce off the the 200 day will further confirm today’s move above the key resistance level.

We last looked at CAT as the coil (symmetrical triangle) was nearing a resolution ( https://articles.stockmarketmentor.com/2013/08/caterpillar-this-cat-wants-to-play-nysecat/ ). It would appear that a resolution to that consolidation pattern is underway, with Caterpillar ($CAT) breaking to the upside. Also boding well for CAT is the Emerging Market ETF (EEM) that’s been breaking to the upside as well ( http://articles.stockmarketmentor.com/2013/09/gapping-above-resistance-emerging-market-etf-nyseeem/ )

52 Week Range $79.49-$99.70
Market Cap 56,847,650,669
Average Volume 5,926,035
Dividend Yield 2.76%
Institutional Ownership 65.70%
Insider Ownership: 0.50%
Percentage of Float Short 4.80%
Beta 1.91

Caterpillar Inc. Caterpillar Inc is a manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. It also provides financial services through its subsidiaries.

Yume: Big week for this small cap (NYSE:YUME)

by Josh Articles

Yume Inc ($YUME) was last at $10.20 on a volume of 110,385 shares. Basically flat on the day after this weeks impressive 25% run up.

Yume is a recent IPO, as the chart develops we will continue to cover key technical developments.

52 Week Range $7.80-$10.57
Market Cap 326,044,632
Average Volume 0
Dividend Yield 0.00%
Institutional Ownership 0.00%
Insider Ownership: 0.00%
Percentage of Float Short 0.00%
Beta 0.00

YuMe Inc, through its proprietary technology, provides digital video brand advertising solutions.

Orbtiz: 2013 Industry Leader up on Heavy Volume (NYSE:OWW)

by Josh Articles

Orbitz Worldwide Inc. ($OWW) is trading on higher than normal volume today, having already trade the average daily volume coming in to the noon hour. Orbitz Worldwide Inc. is up 3.05% at $10.15 on a volume of 944,915 shares.

Orbitz has been the Travel and Industry Leader top performer in 2013, returning 134% and outperforming peers including CTRP ( up 105%) and PCLN (up 44%). Shares have been consolidating and are testing the top end of the consolidation range today.

Technical traders will note that this consolidation has occurred right along the 50 day moving average. Technicians will often expect additional tail wind when a breakout occurs against a key moving average.

52 Week Range $2.07-$13.26
Market Cap 1,090,471,094
Average Volume 1,257,070
Dividend Yield 0.00%
Institutional Ownership 92.40%
Insider Ownership: 2.90%
Percentage of Float Short 5.60%
Beta 1.88

Orbitz Worldwide Inc. Orbitz Worldwide, Inc., is an online travel company that uses innovative technology to enable leisure and business travelers to search for and book a range of travel products.

CBRE Group, testing resistance (NYSE:CBG)

by Josh Articles

CBRE Group ($CBG) was last at $23.66 on a volume of 512,995 shares, putting shares on track to trade at about half the normal daily volume.

CBRE is trading down on light volume after testing the current resistance line. Shares have rallied 7.55% in the past week and are trading near both the 200 day and 50 day moving averages, at 200 $22.99 and $23.02 respectively.

52 Week Range $16.86-$25.69
Market Cap 7,835,903,946
Average Volume 2,361,687
Dividend Yield 0.00%
Institutional Ownership 94.40%
Insider Ownership: 1.30%
Percentage of Float Short 1.30%
Beta 2.73

CBRE Group Inc is a commercial real estate services firm, which offers a range of services to occupiers, owners, lenders and investors in office, retail, industrial, multi-family and other commercial real estate.

Technical Breakout: AK Steel Holding (NYSE:AKS)

by Josh Articles

AK Steel ($AKS) is crossing above the 200 day moving average today. This is a bullish development, the 200 day is a well respected longer term resistance line.

Shares are trading on heavy volume, last at $3.88 on a volume of 6,443,900 shares, already surpassing the normal daily volume here at the noon hour.

AK Steel ($AKS) is resolving an ascending triangle pattern to the upside today. As we noted with US Steel ($X) last week, technicians will look for the 200 day to provide an upside catalyst as opposed to resistance when the underlying consolidates so near the average.

52 Week Range $2.76-$6.73
Market Cap 529,126,550
Average Volume 4,320,226
Dividend Yield 0.00%
Institutional Ownership 45.10%
Insider Ownership: 2.60%
Percentage of Float Short 27.10%
Beta 2.51

AK Steel Holding is above both the 50 day moving average and the 200 day moving average.

AK Steel Holding AK Steel Holding Corporation is a producer of flat-rolled carbon, stainless and electrical steels, and tubular products through its wholly owned subsidiary, AK Steel Corporation.

Gapping above resistance: Emerging Market ETF (NYSE:EEM)

by Josh Articles

iShares MSCI Emerging Market Income ETF ($EEM) shares are seeing some strong momentum in today’s trade. iShares MSCI Emerging Market Income ETF is up 2.21% at $40.83 on heavy volume, 53,731,100 shares.

Shares gapped above the $40 resistance level and have continued to trade higher throughout the day thus far. The $40 price level served as support last year and again in in April, until finally being broken in June. After printing a low in Jun, shares have rallied, printing a higher low in late august, and powering higher last week.

Shares are approaching the 200 day moving average, currently at $41.27.

52 Week Range $36.16-$45.33
Market Cap 36,663,678,000
Average Volume 65,831,929
Dividend Yield 1.92%
Institutional Ownership 0.00%
Insider Ownership: 0.00%
Percentage of Float Short 5.60%
Beta 1.33

iShares MSCI Emerging Market Income ETF The investment seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI Emerging Markets Index (the “underlying index”). The fund generally invests at least 90% of its assets in the securities of its underlying index and in depositary receipts representing securities in its underlying index. The underlying index is designed to measure equity market performance in the global emerging markets. The fund invests all of its assets that are invested in India in a wholly owned subsidiary located in the Republic of Mauritius (the “Subsidiary”).

A look at United States Steel (NYSE:X)

by Josh Articles

United States Steel Corp. ($X) is up on heavier than average volume, last at $18.95 on a volume of 4,594,190 shares. Average daily volume has been at 6,552,245.

United States Steel Corp. ($X) has been in an ascending triangle chart pattern this summer, with shares testing resistance today. Shares saw a very mild pull back in mid and again late August. Technical traders will look for a breakout above the 200 day moving average currently at $19.83. With the 200 day so close to the current consolidation pattern, the 200 day will most likely prove more of a continued catalyst for upside than hard resistance.

52 Week Range $15.80-$26.29
Market Cap 2,747,043,950
Average Volume 6,552,245
Dividend Yield 1.07%
Institutional Ownership 63.00%
Insider Ownership: 1.30%
Percentage of Float Short 28.50%
Beta 2.34

United States Steel Corporation is an integrated steel producer of flat-rolled and tubular products with major production operations in North America and Europe.

Zillow breaks through $100 (NASDAQ:Z)

by Josh Articles

Zillow Inc. ($Z) hit a new 52 week high today. Zillow is at $102.21, and has traded in a range from $23.00 to $99.95 over the past 52 weeks. Volume was last at 895,830 with a 50 day average of 1,084,308.

We last covered the technicals on Zillow ($Z) on July 12th http://articles.stockmarketmentor.com/2013/07/zillow-printing-a-fresh-52-week-high/ as the chart started resolving the prior consolidation range. On the current technical front, Zillow is back against the longer term resistance line of higher highs. Shares are breaking above the short August consolidation range, trading along the upper band.

52 Week Range $23.00-$99.95
Market Cap 3,616,628,607
Average Volume 1,084,308
Dividend Yield 0.00%
Institutional Ownership 78.90%
Insider Ownership: 2.10%
Percentage of Float Short 14.60%
Beta 1.54

Zillow Inc. Zillow Inc provides vital information about homes, real estate listings & mortgages through its website & mobile applications, enabling homeowners, buyers, sellers etc to connect with real estate & mortgage professionals best suited to meet their needs.

National-Oilwell: Breaking above key resistance (NYSE:NOV)

by Josh Articles

National-Oilwell Inc. ($NOV) is resolving it’s latest consolidation to the upside. National-Oilwell Inc. is up 2.34% at $76.01 on a volume of 2,541,620 shares today, which is heavier than average at this point in the trading day.

Shares are breaking above the $74 range that has proven to be resistance in 2013. Also on the technical front, shares are resolving an ascending triangle to he upside today.

National-Oilwell ($NOV) shares are above both the 50 day and 200 day moving averages, proving a bullish back drop to the price action.

52 Week Range $63.08-$89.95
Market Cap 32,527,731,453
Average Volume 3,038,046
Dividend Yield 1.40%
Institutional Ownership 88.20%
Insider Ownership: 0.30%
Percentage of Float Short 2.20%
Beta 1.62

National-Oilwell Inc. National Oilwell Varco, Inc. is an equipment supplier in the drilling industries which are used in oil and gas drilling and production operations, oilfield services, and supply chain integration services to the upstream oil and gas industry.

TD Ameritrade: Retesting the 50 day and looking weak (NYSE:AMTD)

by Josh Articles

TD Ameritrade Holding ($AMTD) last at $25.69, down .37 or 1.4% on a volume of 537,087 shares.

Shares broke below the 50 day moving average on strong volume Tuesday. Shares then rallied Wednesday and Thursday pushing the share price back up to the 50 day moving average. Today shares are once again falling, failing to hold the 50 day moving average, which technical traders view as a key moving average.

52 Week Range $15.14-$27.88
Market Cap 14,119,715,761
Average Volume 2,967,257
Dividend Yield 1.38%
Institutional Ownership 90.50%
Insider Ownership: 17.30%
Percentage of Float Short 2.20%
Beta 1.29

TD Ameritrade Holding TD Ameritrade Holding Corporation provides securities brokerage services, including trade execution, clearing services and margin lending, through its broker-dealer subsidiaries.

Harley-Davidson Inc Testing Resistance (NYSE:HOG)

by Josh Articles

Harley-Davidson Inc. ($HOG) is up 1.44% at $60.05 on a volume of 852,422 shares today. Shares look posed to test the multi-year high of $60.32 set back on Monday.

Harley-Davidson ($HOG) shares have been consolidating near the May high throughout the month of August, failing to yet close above the May high of $59.84, today’s price action may provide the momentum necessary to do just that.

52 Week Range $40.59-$60.32
Market Cap 13,397,293,029
Average Volume 1,395,762
Dividend Yield 1.42%
Institutional Ownership 86.50%
Insider Ownership: 0.60%
Percentage of Float Short 2.90%
Beta 2.14

Harley-Davidson Inc. Harley-Davidson Inc produces and sells heavyweight motorcycles, as well as offers motorcycle parts, accessories, and related services. It operates in two segments, Motorcycles and Related Products, and Financial Services.

Key Energy Svcs: Testing the 200 Day SMA (NYSE:KEG)

by Josh Articles

Key Energy Svcs ($KEG) was last at $7.07 up .24 (+2.85%) on a volume of 534,077 shares. Shares are testing the 200 day simple moving average which is sitting at $7.06.

Shares have been in a mild uptrend since May, printing higher highs and higher lows.

52 Week Range $5.61-$9.57
Market Cap 1,080,813,192
Average Volume 2,034,879
Dividend Yield 0.00%
Institutional Ownership 94.50%
Insider Ownership: 4.30%
Percentage of Float Short 5.70%
Beta 2.54

Key Energy Services, Inc. is an onshore rig-based well servicing contractor. The Company provides well services to oil companies, foreign national oil companies and independent oil and natural gas production companies.

Uni-Pixel Inc looking to test the 200 day (NASDAQ:UNXL)

by Josh Articles

Uni-Pixel Inc. ($UNXL) was last at $18.29 +4.93% on a volume of 175,828 here about 15 minutes into trading. Shares tested the 200 day EMA yesterday and are approaching the 200 day simple moving average (SMA) today.

Shares have been printing higher highs and higher lows since July. The 200 day is a longer term trend line technical traders will use to quickly determine if the stock in a general uptrend or downtrend.

52 Week Range $5.27-$41.42
Market Cap 222,020,614
Average Volume 925,999
Dividend Yield 0.00%
Institutional Ownership 41.80%
Insider Ownership: 31.90%
Percentage of Float Short 39.20%
Beta -0.71

Uni-pixel, Inc. is a production stage company. It manufactures electronic film products using its proprietary manufacturing process, UniBoss. It delivers its products to the display, touch screen and flexible electronics market segments.

A look at FedEx Corp. — breakout from a Cup and Handle (NYSE:FDX)

by DAN Articles

FedEx Corp. ($FDX) averages are at $108.11 (21 day SMA), $104.17 (50 day SMA), $98.96 (200 day SMA). Over the past 52 weeks FDX has traded from a low of $83.92 to a high of $110.89. FDX was last at $113.02 on a volume of 1,403,610. Average daily volume has been at 2,652,406.

Last March, FedEx (FDX) peaked at $110 before rolling over. During the past several weeks, FDX has been back to test that level and trading on light volume. Technical traders recognize this as a bullish “cup and handle” pattern. The breakout today completes that pattern and sets the stage for a continuation of the uptrend.

52 Week Range $83.92-$110.89
Market Cap 35,648,552,206
Average Volume 2,652,406
Dividend Yield 0.54%
Institutional Ownership 81.50%
Insider Ownership: 5.30%
Percentage of Float Short 1.60%
Beta 1.25

FedEx Corporation provides a portfolio of transportation, e-commerce and business services. It operates in four business segments: FedEx Express, FedEx Ground, FedEx Freight and FedEx Services.