Upward wedge patterns have been noticed on July 1 for the stocks Chemical & Mining Co. of Chile Inc, PIMCO Income Strategy Fund, Cohen & Steers Closed-End Oppor, Watson Pharmaceuticals Inc, and Cabot Oil & Gas Corporation. 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 Chemical & Mining Co. of Chile Inc (SQM) traded higher by 0.48% or $0.31/share to $65.03. In the past year, the shares have traded as low as $31.68 and as high as $65.05. On average, 538230 shares of SQM exchange hands on a given day and today's volume is recorded at 361617.
Shares of PIMCO Income Strategy Fund (PFL) traded higher by 0.85% or $0.11/share to $13.05. In the past year, the shares have traded as low as $9.83 and as high as $13.07. On average, 123630 shares of PFL exchange hands on a given day and today's volume is recorded at 83038.
Shares of Cohen & Steers Closed-End Oppor (FOF) traded higher by 0.82% or $0.11/share to $13.58. In the past year, the shares have traded as low as $10.19 and as high as $13.53. On average, 64209 shares of FOF exchange hands on a given day and today's volume is recorded at 81659.
Shares of Watson Pharmaceuticals Inc (WPI) traded higher by 1.28% or $0.88/share to $69.61. In the past year, the shares have traded as low as $39.34 and as high as $69.04. On average, 1223700 shares of WPI exchange hands on a given day and today's volume is recorded at 609992.
Shares of Cabot Oil & Gas Corporation (COG) traded higher by 1.67% or $1.11/share to $67.42. In the past year, the shares have traded as low as $26.56 and as high as $67.35. On average, 1696260 shares of COG exchange hands on a given day and today's volume is recorded at 818527.
