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Tuesday, June 21, 2011

Stocks with Upward Wedge Patterns: (CALM), (CPT), (PUK), (AVB), (WAG)

Upward wedge patterns have been noticed on June 21 for the stocks Cal-Maine Foods, Inc, Camden Property Trust, Prudential plc, Avalonbay Communities Inc, and Walgreen Co. The price range of these stocks is getting more narrow as the upward trend continues, thus signally the trend is losing steam. This sends a bearish signal to investors as the upward trend is ending.

Shares of Cal-Maine Foods, Inc (CALM) fell by 0.70% or $-0.21/share to $29.91. In the past year, the shares have traded as low as $25.56 and as high as $33.45. On average, 136950 shares of CALM exchange hands on a given day and today's volume is recorded at 65354.

Shares of Camden Property Trust (CPT) traded higher by 0.57% or $0.37/share to $65.15. In the past year, the shares have traded as low as $37.87 and as high as $65.39. On average, 596030 shares of CPT exchange hands on a given day and today's volume is recorded at 542220.

Shares of Prudential plc (PUK) traded higher by 2.06% or $0.47/share to $23.26. In the past year, the shares have traded as low as $14.17 and as high as $26.02. On average, 181180 shares of PUK exchange hands on a given day and today's volume is recorded at 174873.

Shares of Avalonbay Communities Inc (AVB) fell by 0.29% or $-0.38/share to $131.36. In the past year, the shares have traded as low as $86.72 and as high as $133.84. On average, 697870 shares of AVB exchange hands on a given day and today's volume is recorded at 553235.

Shares of Walgreen Co (WAG) fell by 4.16% or $-1.88/share to $43.3. In the past year, the shares have traded as low as $25.76 and as high as $46.93. On average, 6097700 shares of WAG exchange hands on a given day and today's volume is recorded at 23219376.