Upward wedge patterns have been noticed on August 9 for the stocks PIMCO Municipal Income Fund III, CF Industries Holdings, Inc, Makita Corp, and BlackRock Muni Intermediate Duration Fund, 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 PIMCO Municipal Income Fund III (PMX) traded higher by 1.48% or $0.15/share to $10.27. In the past year, the shares have traded as low as $8.94 and as high as $11.28. On average, 73810 shares of PMX exchange hands on a given day and today's volume is recorded at 197890.
Shares of CF Industries Holdings, Inc (CF) traded higher by 4.49% or $6.21/share to $144.46. In the past year, the shares have traded as low as $78.72 and as high as $163.25. On average, 2417690 shares of CF exchange hands on a given day and today's volume is recorded at 3030839.
Shares of Makita Corp (MKTAY) traded higher by 2.96% or $1.20/share to $41.75. In the past year, the shares have traded as low as $27.89 and as high as $48.41. On average, 18990 shares of MKTAY exchange hands on a given day and today's volume is recorded at 3662.
Shares of BlackRock Muni Intermediate Duration Fund, Inc (MUI) traded higher by 2.10% or $0.28/share to $13.8. In the past year, the shares have traded as low as $12.37 and as high as $15.35. On average, 69840 shares of MUI exchange hands on a given day and today's volume is recorded at 123882.
