• user warning: Table './fnndrupaldev/term_node' is marked as crashed and last (automatic?) repair failed query: SELECT t.* FROM term_node r INNER JOIN term_data t ON r.tid = t.tid INNER JOIN vocabulary v ON t.vid = v.vid WHERE r.vid = 488291 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.
  • user warning: Table './fnndrupaldev/sessions' is marked as crashed and last (automatic?) repair failed query: SELECT COUNT(sid) AS count FROM sessions WHERE timestamp >= 1419300404 AND uid = 0 in /var/www/www.fnno.com/htdocs/includes/session.inc on line 111.
  • user warning: Table './fnndrupaldev/sessions' is marked as crashed and last (automatic?) repair failed query: SELECT DISTINCT u.uid, u.name, s.timestamp FROM users u INNER JOIN sessions s ON u.uid = s.uid WHERE s.timestamp >= 1419300404 AND s.uid > 0 ORDER BY s.timestamp DESC in /var/www/www.fnno.com/htdocs/modules/user/user.module on line 765.

Possible Bearish Inside Day Candle Pattern Detected for Valueclick (NASDAQ:VCLK)

Published on Mon, 04/29/2013 - 07:37
By Mallory Stone

Analysts have spotted a possible bearish inside day candle pattern in Valueclick (NASDAQ:VCLK) based on the price action in the company's shares. Yesterday's price range of $30.00 and $30.62 is within the prior day's high and low of the day. This trading action often signifies indecision by bulls and bears to drive prices higher or lower and often implies a possible change in trend. Owners of Valueclick may want to consider a possible hedge in the event a pullback occurs. Look for confirmation in the next few trading days.

In the past 52 weeks, shares of Valueclick have traded between a low of $13.80 and a high of $31.00 and closed yesterday at $30.20, which is 119% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 3.1% while the 200-day MA has risen 1.7%.

ValueClick, Inc. provides Internet advertising solutions for publishers of Web sites and online advertisers. The Company offers performance-based Internet advertising solutions in which an advertiser only pays when an Internet user clicks on its banner advertisement.

Valueclick (NASDAQ:VCLK) is currently priced 10.6% above its average consensus analyst price target of $27.00. The stock should find initial support at its 50-day moving average (MA) of $28.24 and further support at its 200-day MA of $20.44.

By Mallory Stone
mstone@fnno.com

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