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Wednesday, July 13, 2011

Upward Wedge Patterns Shown in Stocks: (HURN), (TFX), (DLR), (SWN), (XLNX)

Upward wedge patterns have been noticed on July 13 for the stocks Huron Consulting Group Inc, Teleflex Incorporated, Digital Realty Trust Inc, Southwestern Energy Co, and Xilinx 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 Huron Consulting Group Inc (HURN) traded higher by 0.40% or $0.12/share to $29.83. In the past year, the shares have traded as low as $18.31 and as high as $31.63. On average, 103240 shares of HURN exchange hands on a given day and today's volume is recorded at 57000.

Shares of Teleflex Incorporated (TFX) traded higher by 1.09% or $0.68/share to $63.23. In the past year, the shares have traded as low as $47.09 and as high as $63.71. On average, 273540 shares of TFX exchange hands on a given day and today's volume is recorded at 112458.

Shares of Digital Realty Trust Inc (DLR) fell by 0.73% or $-0.46/share to $62.21. In the past year, the shares have traded as low as $46.34 and as high as $64.09. On average, 956590 shares of DLR exchange hands on a given day and today's volume is recorded at 534619.

Shares of Southwestern Energy Co (SWN) traded higher by 1.46% or $0.63/share to $43.91. In the past year, the shares have traded as low as $30.61 and as high as $44.73. On average, 4340580 shares of SWN exchange hands on a given day and today's volume is recorded at 1966479.

Shares of Xilinx Inc (XLNX) fell by 0.87% or $-0.30/share to $34.01. In the past year, the shares have traded as low as $23.59 and as high as $37.37. On average, 4357990 shares of XLNX exchange hands on a given day and today's volume is recorded at 3216486.