Upward wedge patterns have been noticed on July 29 for the stocks Dell Inc, Chemical & Mining Co. of Chile Inc, Mead Johnson Nutrition Company, PIMCO Municipal Income Fund, and DuPont Fabros Technology, 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 Dell Inc (DELL) fell by 1.09% or $-0.18/share to $16.38. In the past year, the shares have traded as low as $11.34 and as high as $17.60. On average, 25357900 shares of DELL exchange hands on a given day and today's volume is recorded at 13552935.
Shares of Chemical & Mining Co. of Chile Inc (SQM) fell by 0.19% or $-0.12/share to $64.01. In the past year, the shares have traded as low as $36.38 and as high as $67.75. On average, 566670 shares of SQM exchange hands on a given day and today's volume is recorded at 245192.
Shares of Mead Johnson Nutrition Company (MJN) fell by 0.38% or $-0.27/share to $71.49. In the past year, the shares have traded as low as $49.70 and as high as $72.87. On average, 1295830 shares of MJN exchange hands on a given day and today's volume is recorded at 1046150.
Shares of PIMCO Municipal Income Fund (PMF) fell by 1.07% or $-0.14/share to $12.95. In the past year, the shares have traded as low as $11.23 and as high as $14.25. On average, 46730 shares of PMF exchange hands on a given day and today's volume is recorded at 83784.
Shares of DuPont Fabros Technology, Inc (DFT) fell by 0.04% or $-0.01/share to $25.39. In the past year, the shares have traded as low as $19.54 and as high as $26.86. On average, 777120 shares of DFT exchange hands on a given day and today's volume is recorded at 451236.
