Upward wedge patterns have been noticed on June 8 for the stocks Eaton Vance Tax-Advantaged Dividend Income Fund, UGI Corp, First Industrial Realty Trust Inc, NL Industries Inc, and Franklin Resources Inc. 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 Eaton Vance Tax-Advantaged Dividend Income Fund (EVT) fell by 0.93% or $-0.16/share to $16.98. In the past year, the shares have traded as low as $12.49 and as high as $18.10. On average, 154100 shares of EVT exchange hands on a given day and today's volume is recorded at 122504.
Shares of UGI Corp (UGI) traded higher by 1.10% or $0.34/share to $31.13. In the past year, the shares have traded as low as $24.30 and as high as $33.53. On average, 563570 shares of UGI exchange hands on a given day and today's volume is recorded at 358358.
Shares of First Industrial Realty Trust Inc (FR) fell by 1.23% or $-0.14/share to $11.31. In the past year, the shares have traded as low as $3.69 and as high as $12.91. On average, 1069190 shares of FR exchange hands on a given day and today's volume is recorded at 436912.
Shares of NL Industries Inc (NL) fell by 0.42% or $-0.08/share to $18.91. In the past year, the shares have traded as low as $5.77 and as high as $19.34. On average, 45810 shares of NL exchange hands on a given day and today's volume is recorded at 24381.
Shares of Franklin Resources Inc (BEN) traded higher by 0.39% or $0.48/share to $122.95. In the past year, the shares have traded as low as $83.46 and as high as $130.77. On average, 869010 shares of BEN exchange hands on a given day and today's volume is recorded at 395868.
