Upward wedge patterns have been noticed on July 5 for the stocks PIMCO Municipal Income Fund II, Bemis Company, Inc, Colgate-Palmolive Co, AFC Enterprises Inc, and American Greetings Corp. 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 PIMCO Municipal Income Fund II (PML) traded higher by 1.33% or $0.14/share to $10.7. In the past year, the shares have traded as low as $8.95 and as high as $11.36. On average, 99860 shares of PML exchange hands on a given day and today's volume is recorded at 178135.
Shares of Bemis Company, Inc (BMS) fell by 0.50% or $-0.17/share to $33.89. In the past year, the shares have traded as low as $25.79 and as high as $34.20. On average, 922470 shares of BMS exchange hands on a given day and today's volume is recorded at 382016.
Shares of Colgate-Palmolive Co (CL) fell by 0.60% or $-0.53/share to $87.94. In the past year, the shares have traded as low as $71.61 and as high as $89.36. On average, 2642480 shares of CL exchange hands on a given day and today's volume is recorded at 1502386.
Shares of AFC Enterprises Inc (AFCE) traded higher by 0.80% or $0.14/share to $17.03. In the past year, the shares have traded as low as $8.56 and as high as $17.56. On average, 98960 shares of AFCE exchange hands on a given day and today's volume is recorded at 120393.
Shares of American Greetings Corp (AM) fell by 0.58% or $-0.14/share to $23.84. In the past year, the shares have traded as low as $17.66 and as high as $24.84. On average, 268440 shares of AM exchange hands on a given day and today's volume is recorded at 227793.
