Upward wedge patterns have been noticed on June 26 for the stocks Hexcel Corp, Chunghwa Telecom Co. Ltd, Avalonbay Communities Inc, Walgreen Co, and Lithia Motors 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 Hexcel Corp (HXL) fell by 0.76% or $-0.16/share to $20.96. In the past year, the shares have traded as low as $14.89 and as high as $22.08. On average, 714880 shares of HXL exchange hands on a given day and today's volume is recorded at 933392.
Shares of Chunghwa Telecom Co. Ltd (CHT) fell by 1.17% or $-0.40/share to $33.91. In the past year, the shares have traded as low as $18.35 and as high as $34.41. On average, 343180 shares of CHT exchange hands on a given day and today's volume is recorded at 524281.
Shares of Avalonbay Communities Inc (AVB) fell by 0.09% or $-0.11/share to $127.5. In the past year, the shares have traded as low as $86.72 and as high as $133.84. On average, 714030 shares of AVB exchange hands on a given day and today's volume is recorded at 1190953.
Shares of Walgreen Co (WAG) fell by 2.82% or $-1.20/share to $41.39. In the past year, the shares have traded as low as $25.76 and as high as $46.93. On average, 6010870 shares of WAG exchange hands on a given day and today's volume is recorded at 12073369.
Shares of Lithia Motors Inc (LAD) traded higher by 2.02% or $0.38/share to $19.18. In the past year, the shares have traded as low as $5.77 and as high as $19.01. On average, 178350 shares of LAD exchange hands on a given day and today's volume is recorded at 566785.
