NX, KDN, SMRT, CTBI, USPH, ODC Expected to Trade Down After Bearish Patterns Develop
September 2, 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. QUANEX BUILDING PRODUCTS (NYSE:NX), KAYDON CORP (NYSE:KDN), STEIN MART INC (NASDAQ:SMRT), COMMUNITY TRUST BANCORP INC (NASDAQ:CTBI), U.S. PHYSICAL THERAPY INC (NASDAQ:USPH), OIL-DRI CORP OF AMERICA (NYSE:ODC) 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 NX QUANEX BUILDING PRODUCTS Breakout (Stocks) DO Trend Line Reversal(3) 2 KDN KAYDON CORP Trending (Stocks) DO 38 % Retracement 4 SMRT STEIN MART INC Breakout (Stocks) DO Trend Line Break(4) 3 CTBI COMMUNITY TRUST BANCORP INC Breakout (Stocks) DO Trend Line Reversal(4) 1 USPH U.S. PHYSICAL THERAPY INC Reversal (Stocks) DWC Trend Line Reversal(4) 2 ODC OIL-DRI CORP OF AMERICA Breakout (Stocks) DO Trend Line Reversal(4) 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
QUANEX BUILDING PRODUCTS (NYSE:NX) - Quanex Building Products Corporation provides engineered products and aluminum sheet products. Its Engineered Products segment produces window and door components for original equipment manufacturers that primarily serve the residential construction and remodeling markets. This segments products consist of insulating glass spacer/sealant systems, thin film solar panel sealants, window and patio door screens, aluminum cladding and other roll formed metal window components, thresholds and astragals, moldings, residential exterior products, engineered vinyl and composite patio doors, window profiles and custom window grilles, and trim and architectural moldings in various woods primarily for the home improvement and residential construction markets. The companys Aluminum Sheet Products segment includes reducing reroll coil to specific gauge, annealing, slitting, and custom coating. This segments products are used in customer end-use applications comprising window screen frames and screens, exterior home trim, fascias, roof edgings, soffits, downspouts, and gutters in the building and construction markets, as well as capital goods and transportation markets. The company offers its products to original equipment manufacturers and distributors through direct and indirect sales groups primarily in the United States, Mexico, Canada, Asia, and Europe. Quanex Building Products Corporation is based in Houston, Texas.
KAYDON CORP (NYSE:KDN) - Kaydon Corporation designs and manufactures custom engineered and performance-critical products primarily in the United States. The companys Friction Control Products segment offers anti-friction bearings, split roller bearings, and specialty balls used in alternative energy, specialized robotics, medical, aerospace, defense, security, electronics, material handling, construction, and other industrial applications. Its Velocity Control Products segment manufactures and sells industrial shock absorbers, safety shock absorbers, velocity controls, gas springs, and rotary dampers used in specialized robotics, material handling, machine tools, medical, amusement, and other industrial applications. The companys Sealing Products segment provides complex and standard ring and seal products, including engine rings, sealing rings, and shaft seals used in industrial, and aerospace and defense applications. Kaydon also offers filter elements, liquid and gas-phase filtration systems, metal alloys, machine tool components, presses, dies, and benders used in various industrial applications. It also has operations in the United Kingdom, Mexico, Germany, North America, Europe, and Asia. The company was founded in 1941 and is based in Ann Arbor, Michigan.
STEIN MART INC (NASDAQ:SMRT) - Stein Mart, Inc. operates retail stores that offer fashion merchandise for women and men in the United States. The companys stores provide fashion apparel, accessories, shoes, and home fashions. As of April 19, 2011, it operated a chain of 263 retail stores. The company was founded in 1908 and is headquartered in Jacksonville, Florida.
COMMUNITY TRUST BANCORP INC (NASDAQ:CTBI) - Community Trust Bancorp, Inc. operates as the holding company for Community Trust Bank, Inc., which offers various commercial and personal banking services to small and mid-sized communities in Kentucky and West Virginia. It offers demand and time deposits, savings accounts, NOW accounts, money market accounts, checking accounts, regular and term savings accounts and savings certificates, and individual retirement accounts and Keogh plans. The companys loan portfolio comprises residential and commercial real estate loans, construction and development loans, consumer loans, residential mortgage loans, secured and unsecured loans, personal loans, lease-financing, lines of credit, revolving lines of credit, term loans, and asset-based financing. It also offers debit cards, annuity and life insurance products, cash management services, letters of credit, safe deposit boxes, and funds transfer services. In addition, the company, through its subsidiaries, operates as a trustee of personal trusts; as an executor of estates; as a trustee for employee benefit trusts; as a registrar, transfer agent, paying agent for bond and stock issues, and depository for securities; and as a provider of brokerage services. As of December 31, 2009, it had 76 banking locations in eastern, northeastern, central, and south central Kentucky, and southern West Virginia; and 5 trust offices across Kentucky. The company was founded in 1903 and is headquartered in Pikeville, Kentucky.
U.S. PHYSICAL THERAPY INC (NASDAQ:USPH) - U.S. Physical Therapy, Inc., through its subsidiaries, operates outpatient physical and occupational therapy clinics in the United States. Its clinics provide pre-and post-operative care and treatment for orthopedic-related disorders, sports-related injuries, preventative care, rehabilitation of injured workers, and neurological-related injuries. The company also operates clinics, which specialize in the outpatient, non-surgical treatment of osteo arthritis degeneration joint disease, and other musculoskeletal conditions. As of December 31, 2009, it operated 368 outpatient physical and occupational therapy clinics comprising 266 clinics operated under clinic partnerships and 102 as wholly-owned facilities in 43 states. The company also managed 13 physical therapy practices for third parties, including physicians. U.S. Physical Therapy, Inc. focuses its marketing efforts primarily on physicians, including orthopedic surgeons, neurosurgeons, physiatrists, internal medicine, podiatrists, occupational medicine physicians, and general practitioners. The company was founded in 1990 and is based in Houston, Texas.
OIL-DRI CORP OF AMERICA (NYSE:ODC) - Oil-Dri Corporation of America engages in the development, manufacture, and marketing of sorbent products in the United States and internationally. It offers cat litter products, including coarse and scoopable products under the Cats Pride and Jonny Cat brand names; industrial and automotive sorbent products comprising clay-based sorbent products, such as Oil-Dri branded floor absorbent, which are used for floor maintenance in industrial applications to provide a non-slip and nonflammable surface for workers; and bleaching clay and clarification aid products under the pure-Flo, Perform and Select, and Ultra-Clear brand names that are used in bleaching, purification, and filtration applications. The company also provides agricultural and horticultural products consisting of granular and powdered mineral absorbent products under the Agsorb, Flo-Fre, Terra-Green, and Pros Choice brand names, which are used as carriers for crop protection chemicals, agricultural drying agents, bulk processing aids, growing media components, and sports field products; and animal health and nutrition products for livestock feed industry under the ConditionAde, Pel-Unite, and Pel-Unite Plus brand names. Its customers include mass merchandisers, wholesale clubs, drugstore chains, pet retail outlets, dollar stores, retail grocery stores, distributors of industrial cleanup and automotive products, and environmental service companies, as well as processors and refiners of edible oils, petroleum-based oils, and biodiesel fuel; manufacturers of animal feed and agricultural chemicals; and marketers of consumer products and sports turf users. Oil-Dri Corporation sells its products through sales force, food brokers, and distributors, including industrial, auto parts, safety, sanitary supply, chemical, and paper distributors, as well as catalogs. The company was founded in 1941 and is based in Chicago, Illinois.
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