Penny Stock Quote:

Bullish Engulfing

This penny stocks scan finds penny stocks whose chart has shown signs of Bullish Engulfing. This chart signal suggests that the bulls have taken control of a security’s price movement from the bears. This type of pattern usually accompanies a declining trend in a security, suggesting that a low or end to a security's decline has occurred. However, as usual in candlestick analysis, the trader must take the preceding and following days' prices into account before making any decisions regarding the security.

RSI: Relative Strength Index; higher=more upward momentum | Price (ROC): Price (Rate of Change); higher=faster upward price change
Vol (ROC): Volume (Rate of Change); higher=greater upward volume movement
Bullish Engulfing (Scan Compiled Monday, December 01, 2008 4:55 pm EST)
SYMB Last High Low $Chg %Chg Volume RSI(15) Price(ROC) Vol(ROC)
 EGY 6.840 7.170 5.920
0.540
8.6%
1,981,040 65.40 35.45 111.81
 PRX 11.880 12.410 11.380
0.220
1.9%
642,845 57.37 16.81 37.42
 MTZ 6.890 7.300 6.100
0.480
7.5%
918,367 41.11 7.99 59.44
 CGDF 0.020 0.030 0.010
0.000
7.0%
1,365,704 36.02 122.22 -72.04