ALG, CHEV, LFUS, GPX, CENX, WERN Expected to Trade Down After Bearish Patterns Develop
April 18, 2011 / M2 PRESSWIRE / BUYINS.NET / http://www.squeezetrigger.com is monitoring top technical trading patterns and these stocks are the most likely to trade Down in the coming weeks. ALAMO GROUP INC (NYSE:ALG), CHEVIOT FINANCIAL CORP (NASDAQ:CHEV), LITTELFUSE INC (NASDAQ:LFUS), GP STRATEGIES CORP (NYSE:GPX), CENTURY ALUMINUM COMPANY (NASDAQ:CENX), WERNER ENTERPRISES INC (NASDAQ:WERN) are all expected to go Down as Bearish 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 Down along with pattern, strategy and strength ratings.
Symbol Company Strategy Pattern Name Strength ALG ALAMO GROUP INC Reversal (Stocks) DWC Trend Line Reversal(5+) 3 CHEV CHEVIOT FINANCIAL CORP Breakout (Stocks) DO Support Reversal(1) 2 LFUS LITTELFUSE INC Reversal (Stocks) DWC Trend Line Reversal(5+) 3 GPX GP STRATEGIES CORP Reversal (Stocks) DWC Trend Line Reversal(3) 3 CENX CENTURY ALUMINUM COMPANY Reversal (Stocks) DWC Broadening Top 1 WERN WERNER ENTERPRISES INC Reversal (Stocks) DWC Trend Line Break(3) 2Chart 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
ALAMO GROUP INC (NYSE:ALG) - Alamo Group Inc. provides equipment and related replacement parts for maintenance and agriculture. It offers industrial equipment, such as boom-mounted mowers and other types of cutters for heavy-duty, intensive use applications, including maintenance around highway, airport, recreational, and other public areas; heavy-duty, tractor-and truck-mounted mowing and vegetation maintenance equipment; air, mechanical broom, and regenerative air sweepers along with environmental sweepers, and pothole patchers; and products for excavation, grading, shaping, and other tasks involved in land clearing, road building, or maintenance. The company produces catch basin cleaners and roadway debris vacuum systems; parking lot sweepers; and snow plows and heavy-duty snow removal equipment, hitches and attachments for trucks, loaders, and graders. It offers a line of tractor-powered equipment, such as rotary cutters, finishing mowers, flail mowers, disc mowers, ZTR ride-on mowers, front-end loaders, backhoes, rotary tillers, posthole diggers, and scraper blades; cutting parts, plain and hard-faced replacement tillage tools, disc blades, and fertilizer application components; heavy-duty mechanical rotary mowers, snow blowers, and rock removal equipment; a line of hydraulic, boom-mounted hedge, and grass cutters, as well as other tractor attachments and implements; and hydraulic, boom-mounted hedge and hedgerow cutters, and agricultural seedbed preparation cultivators. The company also provides light-duty power arm mowers and agricultural implements; vacuum trucks, high pressure cleaning systems, and trenchers; and hydraulic and mechanical boom mowers. The company sells its products through a network of independent dealers and distributors, governmental end-users, and related independent contractors, as well as to the agricultural and commercial turf markets in the United States, England, France, Canada, and Australia. The company was founded in 1955 and is based in Seguin, Texas.
CHEVIOT FINANCIAL CORP (NASDAQ:CHEV) - Cheviot Financial Corp. operates as the holding company for Cheviot Savings Bank that provides a range of banking services in Ohio. It offers various deposit products, including passbook and statement savings accounts, interest-bearing demand accounts, non-interest-bearing demand accounts, NOW accounts, money market accounts, and certificates of deposit. The company also originates one- to four-family residential real estate loans, multi-family residential real estate loans, residential mortgage loans, construction loans, commercial real estate loans, business lines of credit, and consumer loans. As of April 23, 2010, Cheviot Financial Corp. operated six full-service offices in Hamilton County, Ohio. It also has operations in southeastern Indiana and northern Kentucky. The company was founded in 1911 and is based in Cheviot, Ohio. Cheviot Financial Corp. is a subsidiary of Cheviot Mutual Holding Company.
LITTELFUSE INC (NASDAQ:LFUS) - Littelfuse, Inc. designs, manufactures, and sells circuit protection devices for use in the automotive, electronic, and electrical markets in the Americas, Europe, and the Asia-Pacific. The company offers electronic circuit protection products, such as fuses and protectors, positive temperature coefficient resettable fuses, varistors, polymer electrostatic discharge suppressors, discrete transient voltage suppression diodes, TVS diode arrays and protection thyristors, gas discharge tubes, and power switching components, as well as fuseholders, blocks, and related accessories under PICO II, and NANO2 SMF, TECCOR, SIDACtor, and Battrax brand names. It offers its electronic circuit protection products for use in wireless telephones, consumer electronics, computers, modems, telecommunications equipment, telephones, data transmission lines, and alarm systems. The company also provides automotive fuses that are used in automobiles, trucks, buses, and off-road equipment to protect electrical circuits and the wires that supply electrical power to operate lights, heating, air conditioning, radios, windows, and other controls, as well as offers fuses for the protection of electric and hybrid vehicles. It markets its automotive fuse products under ATO, MINI, MAXI, MIDI, MEGA, MasterFuse, JCASE, and CablePro brand names. In addition, Littelfuse manufactures various low-voltage and medium-voltage circuit protection products, such as power fuses that are used in the protection from over-load and short-circuit currents in motor branch circuits, heating and cooling systems, control systems, lighting circuits, and electrical distribution networks to electrical distributors and their customers in the construction, original equipment manufacturers, and industrial maintenance and repair and operating supplies markets. Littelfuse sells its products through direct sales force and manufacturers representatives. The company was founded in 1927 and is headquartered in Chicago, Illinois.
GP STRATEGIES CORP (NYSE:GPX) - GP Strategies Corporation provides customized training solutions focused on performance improvement initiatives, as well as consulting, engineering, and technical services in the United States, the United Kingdom, and internationally. Its custom training, sales training, and performance improvement services include the fundamental analysis of a clients training needs, curriculum design, instructional material development, information technology service support, and delivery of training; and training products comprise custom instructor and student training manuals, and instructional materials suitable for Web-based and blended learning solutions. The companys business process outsourcing solutions comprise the management of customers training departments, as well as administrative processes consisting of tuition assistance program management, vendor management, call center/help desk administration, and learning management system administration. GP Strategies consulting services include training-related consulting services; business management and engineering consulting services; and other consulting services, which comprise operations continuity assessment, planning, training, and procedure development. Its technical support services include procedure writing and configuration control for capital intensive facilities, plant start-up assistance, logistics support, implementation and engineering assistance for facility or process modifications, facility management for high technology training environments, staff augmentation, and help-desk support for client desktop applications, as well as consulting, design, and evaluation services regarding facilities, processes, and systems. The company serves companies in the automotive, steel, oil and gas, power, chemical, electronics and technology, software, healthcare, and food and beverage industries, as well as government agencies. GP Strategies was founded in 1959 and is headquartered in Elkridge, Maryland.
CENTURY ALUMINUM COMPANY (NASDAQ:CENX) - Century Aluminum Company, through its subsidiaries, produces primary aluminum in the United States, Iceland, and internationally. The company offers molten aluminum, as well as standard-grade ingot, extrusion billet, and other value-added primary aluminum products. It also holds a 40% joint venture interest in a carbon anode and cathode facility located in China. The company was founded in 1981 and is based in Monterey, California.
WERNER ENTERPRISES INC (NASDAQ:WERN) - Werner Enterprises, Inc., a transportation and logistics company, engages in hauling the truckload shipments of general commodities in interstate and intrastate commerce in the United States, Canada, Mexico, and internationally. The company operates through two segments, Truckload Transportation Services and Value Added Services. The Truckload Transportation Services segment offers dedicated services, such as truckload services for a distribution center or manufacturing facility; regional short-haul fleet services, including truckload van services; and expedited fleet services comprising truckload services utilizing driver teams. This segment also provides medium-to-long-haul van fleet for the transportation of various consumer nondurable products and other commodities using dry van trailers; and flatbed and temperature-controlled fleets that provide truckload services for products with specialized trailers. It primarily transports retail store merchandise, consumer products, manufactured products, and grocery products. The Value Added Services segment offers non-asset-based/non-trucking transportation and logistics services, including truck brokerage, freight management, and intermodal, as well as global logistics services. As of December 31, 2009, the company operated 6,575 company tractors and had contracts for 675 tractors owned by owner-operators. It also operated 23,880 trailers, including 22,515 dry vans; 400 flatbeds; 956 temperature-controlled trailers; and 9 specialized trailers. Werner Enterprises was founded in 1956 and is headquartered in Omaha, Nebraska.
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