Upward wedge patterns have been noticed on July 8 for the stocks Chemical & Mining Co. of Chile Inc, and iShares MSCI Malaysia Index. 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) fell by 0.28% or $-0.18/share to $65.62. In the past year, the shares have traded as low as $33.54 and as high as $67.12. On average, 531060 shares of SQM exchange hands on a given day and today's volume is recorded at 642442.
Shares of iShares MSCI Malaysia Index (EWM) fell by 0.52% or $-0.08/share to $15.38. In the past year, the shares have traded as low as $11.39 and as high as $15.48. On average, 2159080 shares of EWM exchange hands on a given day and today's volume is recorded at 2185187.
