Piercing Line Candlestick Patterns November 2 2015

The piercing line pattern is a two-bar candlestick pattern.The first day is a down day and on the second day the price gaps down to the lowest low that the stock price traded the day before. The price then rises throughout the second day and closes above the midpoint of the first day. This suggests that after a long downtrend, buyers have decided to come into the stock.

US Natural Gas (UNG)

ETF Price Quote as of Mon, Nov 2nd, 2015
High 9.59 Low 9.43
23.73 52Wk High
(-60.01%)Since 11/20/14
9.35 52Wk Low
(+1.50%)Since 10/30/15
Open 9.48 Prev Close 9.81
Volume 7,781,831 Avg Volume 6,015,403
Managed Assets $486.51 M Div & Yield N/A
Weighted Alpha -57.50 Standard Dev -1.60
20-Day Average 10.82 100-Day Average 12.61
24.48%14-Day Rel Strength 5.67% 14-Day Stochastic

3X Long Natural Gas ETN Velocityshares (UGAZ)

ETF Price Quote as of Mon, Nov 2nd, 2015
High 3.50 Low 3.32
94.05 52Wk High
(-96.38%)Since 11/20/14
3.25 52Wk Low
(+4.62%)Since 10/30/15
Open 3.37 Prev Close 3.73
Volume 21,729,063 Avg Volume 18,688,334
Managed Assets $369.21 M Div & Yield N/A
Weighted Alpha -93.36 Standard Dev -1.56
20-Day Average 5.17 100-Day Average 8.54
23.43%14-Day Rel Strength 4.59% 14-Day Stochastic

Arena Pharmaceuticals (ARNA)

Stock Price Quote as of Mon, Nov 2nd, 2015
High 2.16 Low 1.85
6.28 52Wk High
(-65.61%)Since 01/08/15
1.60 52Wk Low
(+35.00%)Since 10/30/15
Open 1.91 Prev Close 1.89
Volume 4,820,719 Avg Volume 3,498,233
EPS -0.41 Div & Yield N/A
P/E Ratio 0.00 Market Cap $522.81 M
Weighted Alpha -64.70 Standard Dev +2.44

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