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Sunday, July 17, 2011

Stocks with Upward Wedge Patterns: (VPV), (AM), (AFCE), (CL), (DLR)

Upward wedge patterns have been noticed on July 17 for the stocks Invesco Van Kampen Pennsylvania Value Municipal Income Trust, American Greetings Corp, AFC Enterprises Inc, Colgate-Palmolive Co, and Digital Realty Trust 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 Invesco Van Kampen Pennsylvania Value Municipal Income Trust (VPV) traded higher by 0.46% or $0.06/share to $13.0. In the past year, the shares have traded as low as $11.24 and as high as $14.20. On average, 23340 shares of VPV exchange hands on a given day and today's volume is recorded at 41535.

Shares of American Greetings Corp (AM) traded higher by 0.09% or $0.02/share to $23.02. In the past year, the shares have traded as low as $17.55 and as high as $24.68. On average, 290980 shares of AM exchange hands on a given day and today's volume is recorded at 435341.

Shares of AFC Enterprises Inc (AFCE) traded higher by 1.71% or $0.28/share to $16.61. In the past year, the shares have traded as low as $8.62 and as high as $17.57. On average, 104930 shares of AFCE exchange hands on a given day and today's volume is recorded at 71182.

Shares of Colgate-Palmolive Co (CL) traded higher by 2.22% or $1.93/share to $89.01. In the past year, the shares have traded as low as $71.61 and as high as $89.36. On average, 2568890 shares of CL exchange hands on a given day and today's volume is recorded at 4029138.

Shares of Digital Realty Trust Inc (DLR) traded higher by 0.42% or $0.26/share to $61.89. In the past year, the shares have traded as low as $46.34 and as high as $64.09. On average, 957370 shares of DLR exchange hands on a given day and today's volume is recorded at 852633.