Navigate this market better. Subscribe for FREE stock alerts and information.

Friday, June 24, 2011

Stocks with Upward Wedge Patterns: (HURN), (AFCE), (AVB)

Upward wedge patterns have been noticed on June 24 for the stocks Huron Consulting Group Inc, AFC Enterprises Inc, and Avalonbay Communities 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 Huron Consulting Group Inc (HURN) fell by 1.57% or $-0.47/share to $29.55. In the past year, the shares have traded as low as $17.30 and as high as $31.63. On average, 88540 shares of HURN exchange hands on a given day and today's volume is recorded at 54131.

Shares of AFC Enterprises Inc (AFCE) fell by 1.18% or $-0.19/share to $15.98. In the past year, the shares have traded as low as $8.56 and as high as $16.83. On average, 90830 shares of AFCE exchange hands on a given day and today's volume is recorded at 22339.

Shares of Avalonbay Communities Inc (AVB) fell by 0.09% or $-0.11/share to $127.49. In the past year, the shares have traded as low as $86.72 and as high as $133.83. On average, 714030 shares of AVB exchange hands on a given day and today's volume is recorded at 776912.