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Friday, July 1, 2011

Upward Wedge Detected: (HURN)

Upward wedge patterns have been noticed on July 1 for the stocks Huron Consulting Group 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) traded higher by 1.11% or $0.34/share to $30.55. In the past year, the shares have traded as low as $17.30 and as high as $31.64. On average, 98650 shares of HURN exchange hands on a given day and today's volume is recorded at 43092.