Upward wedge patterns have been noticed on July 14 for the stocks Gabelli Equity Trust, Inc, Cardinal Health, Inc, Colgate-Palmolive Co, Makita Corp, and Bemis Company, 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 Gabelli Equity Trust, Inc (GAB) fell by 0.51% or $-0.03/share to $6.07. In the past year, the shares have traded as low as $4.00 and as high as $6.26. On average, 302410 shares of GAB exchange hands on a given day and today's volume is recorded at 207039.
Shares of Cardinal Health, Inc (CAH) fell by 0.26% or $-0.12/share to $46.27. In the past year, the shares have traded as low as $29.09 and as high as $47.06. On average, 2539100 shares of CAH exchange hands on a given day and today's volume is recorded at 1804468.
Shares of Colgate-Palmolive Co (CL) fell by 0.59% or $-0.52/share to $87.38. In the past year, the shares have traded as low as $71.61 and as high as $89.36. On average, 2581890 shares of CL exchange hands on a given day and today's volume is recorded at 1515220.
Shares of Makita Corp (MKTAY) fell by 3.22% or $-1.52/share to $45.62. In the past year, the shares have traded as low as $27.89 and as high as $48.10. On average, 16660 shares of MKTAY exchange hands on a given day and today's volume is recorded at 1789.
Shares of Bemis Company, Inc (BMS) fell by 0.60% or $-0.20/share to $33.76. In the past year, the shares have traded as low as $27.14 and as high as $34.41. On average, 915400 shares of BMS exchange hands on a given day and today's volume is recorded at 500275.
