Upward wedge patterns have been noticed on July 17 for the stocks PIMCO Municipal Income Fund, Commerce Bancshares Inc, Hot Topic Inc, Nippon Telegraph & Telephone Corp, and Teleflex Incorporated. 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 (PMF) fell by 0.60% or $-0.08/share to $13.18. In the past year, the shares have traded as low as $11.23 and as high as $14.25. On average, 43350 shares of PMF exchange hands on a given day and today's volume is recorded at 28112.
Shares of Commerce Bancshares Inc (CBSH) traded higher by 0.80% or $0.34/share to $42.82. In the past year, the shares have traded as low as $34.69 and as high as $44.00. On average, 361310 shares of CBSH exchange hands on a given day and today's volume is recorded at 338442.
Shares of Hot Topic Inc (HOTT) fell by 0.13% or $-0.01/share to $7.95. In the past year, the shares have traded as low as $4.39 and as high as $8.37. On average, 704760 shares of HOTT exchange hands on a given day and today's volume is recorded at 616783.
Shares of Nippon Telegraph & Telephone Corp (NTT) fell by 0.08% or $-0.02/share to $24.3. In the past year, the shares have traded as low as $20.66 and as high as $25.18. On average, 398620 shares of NTT exchange hands on a given day and today's volume is recorded at 160784.
Shares of Teleflex Incorporated (TFX) traded higher by 0.05% or $0.03/share to $61.78. In the past year, the shares have traded as low as $47.09 and as high as $63.71. On average, 263800 shares of TFX exchange hands on a given day and today's volume is recorded at 217418.
