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

Cosan: Breaking Support (NYSE:CZZ)

by Josh Articles

Cosan Ltd. Cl A ($CZZ) share are braking below technical support today. The $15.22 has been key support shares tested that price level and are starting to fall below the level.

Over the past 52 weeks CZZ has traded from a low of $13.07 to a high of $21.55. CZZ was last at $15.06 on a volume of 1,093,060. Average daily volume has been at 995,958.

52 Week Range $13.07-$21.55
Market Cap 4,076,552,018
Average Volume 995,958
Dividend Yield 1.85%
Institutional Ownership 47.30%
Insider Ownership: 0.00%
Percentage of Float Short 0.30%
Beta 2.06

Cosan Ltd. Cl A Cosan Ltd is engaged in the production, transportation and distribution of renewable energy sources. It prospects land, grows and processes sugarcane, distributes fuels, and transports and sells sugar on the domestic and international markets.

Nike Inc at new highs today (NYSE:NKE)

by Josh Articles

Nike Inc. ($NKE) shares are continuing their move to the upside today. Nike Inc. is up 0.45% at $66.44 on a volume of 1,238,260 shares, continuing to trade along the upper edge of the price envelope.

Shares broke out of their coil pattern on Thursday and are continuing higher today trading at a new 52 week high.

52 Week Range $44.83-$66.61
Market Cap 59,395,413,007
Average Volume 3,792,458
Dividend Yield 1.27%
Institutional Ownership 67.90%
Insider Ownership: 0.80%
Percentage of Float Short 0.60%
Beta 0.83

Nike Inc. is above the 50 day moving average and above the 200 day moving average.

Nike’s principal business activity is the design, development and worldwide marketing of high quality footwear, apparel, equipment, and accessory products. NIKE is the largest seller of athletic footwear and athletic apparel in the world.

Apple Inc.: The 200-Day Moving Average Ceiling

by DAN Articles

Apple Inc. ($AAPL) averages are at $436.39 (21 day SMA), $431.47 (50 day SMA), $471.72 (200 day SMA). Over the past 52 weeks AAPL has traded from a low of $385.10 to a high of $705.07. AAPL was last at $465.74 on a volume of 7,092,770. Average daily volume has been at 11,478,816.

Take a look at the daily chart of Apple (AAPL), you’ll see a perfect “W” pattern, with twin lows at around $390. That’s a reversal. AAPL is now testing formidable resistance at the 200-day moving average — currently at $475.00.

52 Week Range $385.10-$705.07
Market Cap 422,314,830,450
Average Volume 11,478,816
Dividend Yield 2.60%
Institutional Ownership 65.40%
Insider Ownership: 0.70%
Percentage of Float Short 2.80%
Beta 1.00

Apple Inc designs, manufactures, and markets personal computers, mobile communication devices, media devices and portable digital music and video players and sells a variety of related software, services, peripherals, and networking solutions.

Small cap catching a bid on strong volume before earnings (NYSEMKT:MEET)

by Josh Articles

MeetMe ($MEET) is trading on very strong volume today. MeetMe is up 6.00% at $2.02 on a volume of 4,380,190 shares. That’s already 6 times the normal daily volume (over the past 50 days) of 736,184 shares.

MeetMe ($MEET) reports tomorrow after the market closes.

52 Week Range $1.07-$4.31
Market Cap 77,780,583
Average Volume 736,184
Dividend Yield 0.00%
Institutional Ownership 46.00%
Insider Ownership: 43.50%
Percentage of Float Short 9.90%
Beta 1.75

MeetMe MeetMe Inc is a social network for meeting new people in the US and the public market leader in social discovery. It makes meeting new people through fun social games and apps, monetized by both advertising and virtual currency.

SolarCity Corporation: Symmetrical Triangle Resolving (NASDAQ:SCTY)

by Josh Articles

SolarCity Corporation ($SCTY) is trading along the upper edge of the price envelope. SolarCity Corporation is up 7.53% at $44.92 on a volume of 3,358,880 shares.

Shares are resolving the symmetrical triangle (coil) chart pattern they’ve been from since late May. Share are trading on heavy volume looking to trade around three times the normal daily volume today.

52 Week Range $9.20-$52.77
Market Cap 3,377,293,999
Average Volume 2,422,771
Dividend Yield 0.00%
Institutional Ownership 27.80%
Insider Ownership: 0.00%
Percentage of Float Short 6.10%
Beta 2.66

SolarCity Corporation SolarCity Corp is engaged in designing, sales, engineering, installation, monitoring, maintenance and financing of solar energy systems to residential and commercial customers, and sale of electricity generated by solar energy systems to customers.

SandRidge Energy bumping up against a key price level (NYSE:SD)

by Josh Articles

SandRidge Energy ($SD) shares are testing the 200 day moving average today. Shares broke out of consolidation on high volume to clear the 50 day moving average back on July 17th. Shares since found support at $5.26 which served as support last fall and again in March.

Shares were last at $5.74 on a volume of 5,031,800 shares with the 200 day sitting at $5.70. Earnings are Tuesday after the market closes.

52 Week Range $4.52-$7.80
Market Cap 2,834,914,114
Average Volume 7,380,848
Dividend Yield 0.00%
Institutional Ownership 95.30%
Insider Ownership: 10.70%
Percentage of Float Short 8.70%
Beta 2.34

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

Dendreon Corporation: Crossing the 200 day on strong volume

by Josh Articles

Dendreon Corporation ($DNDN) is crossing above the 200 day moving average today. Shares were last at $5.08 here at the noon hour on a volume of 7,064,200 shares today, well above the 50 day volume of 4,792,540 shares. Technical traders look at heavy volume to confirm technical developments.

Option traders are also seeing a jump in implied volatility (impacting the price of options) today with IV ramping from 101% in the previous session to 127% today.

52 Week Range $3.69-$7.22
Market Cap 799,031,823
Average Volume 3,119,095
Dividend Yield 0.00%
Institutional Ownership 58.10%
Insider Ownership: 4.20%
Percentage of Float Short 31.80%
Beta 3.89

Dendreon Corporation Dendreon Corp is a biotechnology company focused on the discovery, development and commercialization of novel therapeutics that improve cancer treatment options for patients.

Apple Inc implied volatility dissipating as shares trickle higher (NASDAQ:AAPL)

by Josh Articles

Apple Inc. ($AAPL) was last at $458.55 on a volume of 4,199,640 shares. We last covered Apple back at $399.71 (“Apple finding support right above prior low” http://articles.stockmarketmentor.com/2013/06/apple-finding-support-right-above-prior-low/ ) as shares were making a key technical development, a higher low.

Apple has hit another key development today, implied volatility is printing a new low, under 22% for the first time since early last August. Implied volatility can used to evaluate how ‘expensive’ options are, low implied volatility implies ‘cheaper’ options.

So one way to look at today’s development would be that Apple Inc. ($AAPL) options were last this cheap back in August of 2012.

Technical traders will look at the 200 day moving average $470.37 as current resistance. A breakout above this level would be a key technical event for Apple shares.

52 Week Range $385.10-$705.07
Market Cap 417,090,972,700
Average Volume 11,624,058
Dividend Yield 2.67%
Institutional Ownership 65.40%
Insider Ownership: 0.70%
Percentage of Float Short 2.80%
Beta 1.00

Apple Inc designs, manufactures, and markets personal computers, mobile communication devices, media devices and portable digital music and video players and sells a variety of related software, services, peripherals, and networking solutions.

Pepper in some earnings Brinker International Inc (NYSE:EAT)

by Josh Articles

Brinker International Inc. ($EAT) is hitting a new 52 week high today. Over the past 52 weeks EAT has traded from a low of $28.11 to a high of $41.93. EAT was last at $43.53 on a volume of 3,963,900 shares well above the 50 day average volume of 1,192,103 shares.

Shares are resolving the ascending triangle pattern on earnings today. In addition, EAT shares are printing a new 52 week high. Technical traders will look for top of the triangle (prior highs) so act as support.

52 Week Range $28.11-$41.93
Market Cap 3,073,036,424
Average Volume 1,192,103
Dividend Yield 1.95%
Institutional Ownership 22.20%
Insider Ownership: 2.00%
Percentage of Float Short 10.90%
Beta 1.37

Brinker International Inc. is above the 50 day moving average and above the 200 day moving average. These are bullish indicators.

Brinker International, Inc. owns, develops, operates and franchises the Chili’s Grill & Bar and Maggiano’s Little Italy restaurant brands.

Filling the Gap? lululemon athletica inc. (NASDAQ:LULU)

by Josh Articles

Shares of lululemon athletica inc. ($LULU) are 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.

Shares are slow trading above the June earnings gap for the first time since selling of today. Shares were last at $70.56 (+1.4%) on a volume of 732,820 shares. Shares are now trading above both the 50 day and 200 day moving averages.

52 Week Range $52.20-$82.50
Market Cap 7,942,389,568
Average Volume 3,581,038
Dividend Yield 0.00%
Institutional Ownership 47.40%
Insider Ownership: 0.30%
Percentage of Float Short 16.80%
Beta 2.17

lululemon athletica inc. Lululemon Athletica Inc. is a designer and retailer of technical athletic apparel operating primarily in North America and Australia. Its yoga-inspired apparel is marketed under the lululemon athletica and ivivva athletica brand names.

Fracking the 200 day moving average: C&J Energy Services (NYSE:CJES)

by Josh Articles

C&J Energy Services ($CJES) broke through the 200 day moving average before pulling back to sit right on the 200 day moving average here at mid day. Shares are resolving a symmetrical triangle on heavy volume in their post earnings trade today.

Shares were last at $20.97, on a volume of 858,575 shares, but CJES on track to trade at twice the average volume. The 200 day moving average is currently at $20.70.

52 Week Range $17.45-$25.35
Market Cap 1,128,843,823
Average Volume 540,377
Dividend Yield 0.00%
Institutional Ownership 90.00%
Insider Ownership: 4.10%
Percentage of Float Short 5.70%
Beta 1.14

C&J Energy Services is above the 50 day moving average and above the 200 day moving average. These are bullish, bullish indicators respectively.

C&J Energy Services C&J Energy Services Inc is a provider of premium hydraulic fracturing & coiled tubing services with focus on complex well completions. Its segments are: Stimulation & Well Intervention Services; Wireline Services; Equipment Manufacturing.

Phillips 66: Crossing key moving averages (NYSE:PSX)

by Josh Articles

Phillips 66 ($PSX) shares opened down on earnings this morning, with an opening trade price of $57.32 down $1.15 or about 2%. Shares briefly traded down to $57.13 right above the 200 day EMA before quickly turning around and trading higher with Phillips 66 ($PSX) last at $60.99 up 4.33% on a volume of 3,850,370 shares.

Phillips 66 shares have been in consolidation since June and are looking to test the 50 day moving average, currently at $61.14.

52 Week Range $37.51-$70.52
Market Cap 37,717,448,103
Average Volume 3,801,405
Dividend Yield 2.14%
Institutional Ownership 17.70%
Insider Ownership: 0.00%
Percentage of Float Short 1.10%
Beta 1.63

Phillips 66 Phillips 66 is a downstream energy company. The Company’s segment includes Refining and Marketing (R&M), Midstream and Chemicals businesses. Its Chemicals business is conducted through its 50% interest in Chevron Phillips Chemical Company LLC.

Hess testing key resistance (NYSE:HES)

by Josh Articles

Hess Corp. ($HES) is hitting a new 52 week high today on strong volume. HES was last at $75.14 on a volume of 3,343,300 shares, with the 50 day average volume at 2,773,851 shares. Over the past 52 weeks HES has traded from a low of $46.00 to a high of $74.50.

Shares are testing resistance, around $74.50 level but the April high and previous July high. Technical traders will look for a close above $75.

52 Week Range $46.00-$74.50
Market Cap 25,785,099,110
Average Volume 2,773,851
Dividend Yield 0.55%
Institutional Ownership 85.60%
Insider Ownership: 0.90%
Percentage of Float Short 1.90%
Beta 1.33

Hess Corp. is above both the 50 day moving average and the 200 day moving average.

Hess Corp is a global integrated energy company that operates in two segments, Exploration and Production and Marketing and Refining.

Boyd Gaming (NYSE:BYD) Breaking above the 50 day

by Josh Articles

Shares of Boyd Gaming ($BYD) are crossing above the 50 day moving average after reporting earnings. Shares are resolving the symmetrical triangle chart pattern (coil) to the upside today. Shares were last at $12.88 on a volume of 5,650,180 shares.

52 Week Range $4.75-$14.50
Market Cap 1,113,511,549
Average Volume 1,647,636
Dividend Yield 0.00%
Institutional Ownership 67.50%
Insider Ownership: 2.10%
Percentage of Float Short 16.10%
Beta 2.50

Boyd Gaming Corp. is currently trading above both the 50 day and 200 day moving average.

Boyd Gaming Corp. Boyd Gaming Corporation owns and operates gaming entertainment facilities located in Nevada, Mississippi, Illinois, Louisiana and Indiana.

American Eagle Outfitters: Trading up to the 200 Day EMA (NYSE:AEO)

by Josh Articles

American Eagle Outfitters Inc. ($AEO) is crossing above the 200 day exponential moving average (EMA) here shortly before the noon hour. Technical traders will be watching the price action as shares near the 200 day simple moving average (SMA), currently at $19.79. Shares been printing lower highs since last October. The most recent attempt on the 200 day SMA was back on May earnings.

Shares are trading within the normal range with 816,773 shares traded here two hours into the trading day.

52 Week Range $17.37-$23.94
Market Cap 3,762,883,867
Average Volume 2,566,144
Dividend Yield 2.59%
Institutional Ownership 12.20%
Insider Ownership: 2.60%
Percentage of Float Short 2.90%
Beta 0.95

American Eagle Outfitters Inc. is above the 50 day moving average and below the 200 day moving average. These are bullish, bullish indicators respectively.

American Eagle Outfitters Inc. American Eagle Outfitters, Inc. offers a range of clothing, accessories and personal care products under the American Eagle Outfitters and aerie brands.