Upward wedge patterns have been noticed on July 21 for the stocks Greif, Inc, Owens Corning, Nippon Telegraph & Telephone Corp, Invesco Van Kampen Pennsylvania Value Municipal Income Trust, and Cardinal Health, 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 Greif, Inc (GEF) traded higher by 0.83% or $0.53/share to $64.02. In the past year, the shares have traded as low as $53.42 and as high as $67.33. On average, 139360 shares of GEF exchange hands on a given day and today's volume is recorded at 132043.
Shares of Owens Corning (OC) traded higher by 0.93% or $0.33/share to $35.93. In the past year, the shares have traded as low as $23.05 and as high as $38.94. On average, 1443950 shares of OC exchange hands on a given day and today's volume is recorded at 1360963.
Shares of Nippon Telegraph & Telephone Corp (NTT) traded higher by 0.29% or $0.07/share to $24.99. In the past year, the shares have traded as low as $20.66 and as high as $25.18. On average, 389330 shares of NTT exchange hands on a given day and today's volume is recorded at 779867.
Shares of Invesco Van Kampen Pennsylvania Value Municipal Income Trust (VPV) traded higher by 0.23% or $0.03/share to $12.99. In the past year, the shares have traded as low as $11.24 and as high as $14.20. On average, 25470 shares of VPV exchange hands on a given day and today's volume is recorded at 12606.
Shares of Cardinal Health, Inc (CAH) traded higher by 1.85% or $0.84/share to $46.36. In the past year, the shares have traded as low as $29.09 and as high as $47.06. On average, 2479940 shares of CAH exchange hands on a given day and today's volume is recorded at 5238389.
