Bullish Engulfing Patterns December 11 2015

WHAT IS A BULLISH ENGULFING PATTERN?

The bullish engulfing candlestick pattern is a two-bar candlestick pattern. In this pattern, the first bar is a modest down day and in the next day a larger up day follows. This suggests that at the start of the session sellers sold the stock off, and then buyers came in and bought it all the way back up again and then some.

Oge Energy Corp (OGE) $24.89+0.52 (+2.13%)

Stock Price Quote as of Fri, Dec 11th, 2015
High 25.29 Low 24.15
36.70 52Wk High
(-32.18%)Since 12/29/14
24.15 52Wk Low
(+3.06%)Since 12/11/15
Open 24.22 Prev Close 24.37
Volume 2,315,270 Avg Volume 1,469,149
EPS 1.50 Div & Yield $1.10 (4.44%)
P/E Ratio 16.50 Market Cap $4.97 B
Weighted Alpha -29.50 Standard Dev +1.45

Agnico-Eagle Mines Ltd (AEM) $27.87+0.38 (+1.38%)

Stock Price Quote as of Fri, Dec 11th, 2015
High 28.24 Low 27.06
34.89 52Wk High
(-20.12%)Since 05/14/15
21.00 52Wk Low
(+32.71%)Since 08/06/15
Open 27.14 Prev Close 27.49
Volume 1,852,433 Avg Volume 2,016,195
EPS 0.40 Div & Yield $0.32 (1.15%)
P/E Ratio 69.82 Market Cap $6.05 B
Weighted Alpha +9.60 Standard Dev +0.46
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