Shooting Star Candlestick Patterns Oct 16 2015

The shooting star pattern is a 1-bar candlestick pattern found at the end of an uptrend. In this pattern, the stock gaps up at the open and then rises up to a point well above where it started the day at. In general this pattern indicates that there is supply of the stock at this level and that the preceding rally is not sustainable.

Rite Aid Corp (RAD)

Stock Price Quote as of Fri, Oct 16th, 2015
High 6.48 Low 6.26
9.47 52Wk High
(-33.26%)Since 08/05/15
4.61 52Wk Low
(+37.09%)Since 10/17/14
Open 6.28 Prev Close 6.31
Volume 27,243,197 Avg Volume 25,312,084
EPS 0.30 Div & Yield N/A
P/E Ratio 20.17 Market Cap $6.41 B
Weighted Alpha +7.10 Standard Dev +0.06

PPG Industries (PPG)

Stock Price Quote as of Fri, Oct 16th, 2015
High 103.26 Low 99.99
118.95 52Wk High
(-15.31%)Since 03/04/15
82.93 52Wk Low
(+21.48%)Since 10/01/15
Open 100.20 Prev Close 99.26
Volume 3,795,596 Avg Volume 2,325,655
EPS 5.33 Div & Yield $1.44 (1.48%)
P/E Ratio 18.29 Market Cap $27.27 B
Weighted Alpha -3.22 Standard Dev +0.81

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