RBC, ETO, FITB, LPNT, FCN, ATW Expected to Trade Up After Bullish Patterns Develop
March 21, 2011 / M2 PRESSWIRE / BUYINS.NET / http://www.squeezetrigger.com is monitoring top technical trading patterns and these stocks are the most likely to trade Up in the coming weeks. REGAL-BELOIT CORP (NYSE:RBC), EATON VANCE TAX ADV GL DVD O (NYSE:ETO), FIFTH THIRD BANCORP (NASDAQ:FITB), LIFEPOINT HOSPITALS INC (NASDAQ:LPNT), FTI CONSULTING INC (NYSE:FCN), ATWOOD OCEANICS INC (NYSE:ATW) are all expected to go Up as Bullish signals have been generated by top technical trading patterns. We monitor these patterns: Support Break, Support Reversal, Breakaway Gap, Measured Gap, Exhaustion Gap, Resistance Break, Resistance Reversal, Saucer Reversal, Volume Climax, Volume Trend, Fibonacci Reversal, Consolidation Breaks, Trend Line Break,Trend Line Reversal, Candles, Golden Crosses, Death Crosses and more. The chart below displays the stocks expected to go Up along with pattern, strategy and strength ratings.
Symbol Company Strategy Pattern Name Strength RBC REGAL-BELOIT CORP CrossAboveSMA50, 1st Quarter Technical 2 ETO EATON VANCE TAX ADV GL DVD O CrossAboveSMA100 Technical 2 FITB FIFTH THIRD BANCORP ExtraHighVol, 1st Quarter Technical 2 LPNT LIFEPOINT HOSPITALS INC ExtraHighVol, AboveSMA200 Technical 3 FCN FTI CONSULTING INC SMA50xAboveSMA200 Technical 2 ATW ATWOOD OCEANICS INC TrendDayDown, 1st Quarter Technical 4Chart Pattern Recognition is based on a 20-year patterns database. This database is used to determine pattern strength for patterns as they appear. There is no optimization and the pattern signals never change. For each pattern variation, we record accuracy and profitability statistics in a patterns database. From this information, we are able to define strength ratings from 1 to 5. The '1' rating shows ALL patterns while a '5' rating shows the best patterns according to profitability. Each pattern has its own strength rating factors. The result is an automatic ranking system that allows us to only show the BEST patterns. You can see that, at Strength 5, virtually all the patterns are profitable. The pattern strength rating system separates the most profitable patterns. The specific technology used to make these predictions is available for a low monthly fee at: http://www.squeezetrigger.com/services/sw/ot.php
REGAL-BELOIT CORP (NYSE:RBC) - Regal Beloit Corporation, together with its subsidiaries, manufactures and sells electrical and mechanical products to original equipment manufacturers, distributors, and end users. The company operates in two segments, Electrical and Mechanical. The Electrical segment offers heating, ventilation, and air conditioning motors; alternate current (AC) and direct current (DC) commercial and industrial electric motors; and electric generators and controls, and capacitors. These products are used in various industrial applications, such as compressor, pump, paper, and steel processing and power plants. This segment also produces precision servo motors, automatic transfer switches, paralleling switchgears, and a line of AC and DC adjustable speed drives. The Mechanical segment offers a range of mechanical motion control products, including worm gear, bevel gear, helical gear, and concentric shaft gearboxes; marine transmissions; after-market automotive transmissions, and ring and pinions; custom gearings; gear motors; electrical connecting devices; and manual valve actuators, which are primarily used in oil and gas, water distribution and treatment, and chemical processing applications. The company sells its products through its direct sales force and manufacturers representative organizations in the United States, Canada, Mexico, India, Australia, Thailand, China, and Europe. Regal Beloit Corporation was founded in 1955 and is based in Beloit, Wisconsin.
EATON VANCE TAX ADV GL DVD O (NYSE:ETO) - Eaton V Tx-Ad Glb Div Op
FIFTH THIRD BANCORP (NASDAQ:FITB) - Fifth Third Bancorp operates as a diversified financial services holding company. The companys Commercial Banking segment offers banking, cash management, and financial services; traditional lending and depository products and services; and other services, including foreign exchange and international trade finance, derivatives and capital markets services, asset-based lending, real estate finance, public finance, commercial leasing, and syndicated finance for business, government, and professional customers. Its Branch Banking segment provides deposit and loan, and lease products to individuals and corporations. Its products include checking and savings accounts, home equity loans and lines of credit, credit cards, and loans for automobile and personal financing needs. The companys Consumer Lending segment involves in mortgage and home equity lending activities, such as origination, retention, and servicing of mortgage and home equity loans; and other indirect lending activities, which include loans to consumers through mortgage brokers, automobile dealers, and federal and private student education loans. Its Investment Advisors segment offers investment alternatives for individuals, companies, and not-for-profit organizations. It offers retail brokerage services to individual clients, and broker dealer services to the institutional marketplace. This segment also provides asset management services; holistic strategies to affluent clients in wealth planning, investing, insurance, and wealth protection; and advisory services for institutional clients, as well as advises the companys proprietary family of mutual funds. As of December 31, 2009, the company operated 1,309 full-service banking centers, including 103 Bank Mart locations and 2,358 Jeanie ATMs in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, North Carolina, West Virginia, Pennsylvania, Missouri, and Georgia. The company was founded in 1862 and is headquartered in Cincinnati, Ohio.
LIFEPOINT HOSPITALS INC (NASDAQ:LPNT) - LifePoint Hospitals Inc., through its subsidiaries, operates general acute care hospitals in non-urban communities in the United States. The companys hospitals provide a range of medical and surgical services comprising general surgery, internal medicine, obstetrics, emergency room care, radiology, oncology, diagnostic care, coronary care, rehabilitation services, and pediatric services, as well as specialized services, such as open-heart surgery, skilled nursing, psychiatric care, and neuro-surgery. Its hospitals also offer outpatient services, including one-day surgery, laboratory, x-ray, respiratory therapy, imaging, sports medicine, and lithotripsy. As of December 31, 2009, LifePoint Hospitals owned or leased 47 hospitals with a total of 5,552 licensed beds in 17 states. The company was founded in 1997 and is headquartered in Brentwood, Tennessee. Lifepoint Hospitals Inc. (NasdaqNM:LPNT) operates independently of HCA Inc. as of May 11, 1999.
FTI CONSULTING INC (NYSE:FCN) - FTI Consulting, Inc. operates as a business advisory company worldwide. The company operates in five segments: Corporate Finance/Restructuring, Forensic and Litigation Consulting, Economic Consulting, Technology, and Strategic Communications. The Corporate Finance/Restructuring segment focuses on strategic, operational, financial, and capital needs of businesses. This segment provides consulting and advisory services on a range of areas, including restructuring, financings, claims management, mergers and acquisitions, post-acquisition integration, valuations, tax issues, and performance improvement. The Forensic and Litigation Consulting segment offers law firms, companies, government clients, and other interested parties with dispute advisory, investigations, forensic accounting, business intelligence assessments, and risk mitigation services. The Economic Consulting segment provides law firms, companies, government entities, and other interested parties with analysis of complex economic issues for use in legal and regulatory proceedings, strategic decision making, and public policy debates. The Technology segment offers electronic discovery and information management software services to companies, law firms, courts, and government agencies. This segments suite of software and services help clients locate, review, and produce electronically stored information, including e-mail, computer files, voicemail, instant messaging, and financial and transactional data. The Strategic Communications segment provides advice and consulting services relating to financial communications, brand communications, public affairs and reputation management, and business consulting. The company was founded in 1982 and is based in Baltimore, Maryland.
ATWOOD OCEANICS INC (NYSE:ATW) - Atwood Oceanics, Inc., together with its subsidiaries, engages in offshore drilling, and the completion of exploratory and developmental oil and gas wells. It also provides support, management, and consulting services. The company owns semisubmersible rigs, semisubmersible tender assist rigs, jack-up drilling rigs, and submersible drilling rigs. As of September 30, 2009, it operated nine offshore mobile drilling units located in offshore Southeast Asia, offshore Africa, offshore Australia, the Mediterranean Sea, and the U.S. Gulf of Mexico. The company was founded in 1968 and is headquartered in Houston, Texas.
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