Upward wedge patterns have been noticed on August 14 for the stocks Western Asset/Claymore Inflation- Linked Opportunities & Income Fund, Quality Distribution Inc, and Makita Corp. 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 Western Asset/Claymore Inflation- Linked Opportunities & Income Fund (WIW) traded higher by 0.62% or $0.08/share to $12.88. In the past year, the shares have traded as low as $11.64 and as high as $12.92. On average, 145820 shares of WIW exchange hands on a given day and today's volume is recorded at 205171.
Shares of Quality Distribution Inc (QLTY) traded higher by 3.76% or $0.47/share to $12.98. In the past year, the shares have traded as low as $4.60 and as high as $13.65. On average, 130080 shares of QLTY exchange hands on a given day and today's volume is recorded at 160781.
Shares of Makita Corp (MKTAY) fell by 1.98% or $-0.80/share to $39.59. In the past year, the shares have traded as low as $27.89 and as high as $48.41. On average, 18020 shares of MKTAY exchange hands on a given day and today's volume is recorded at 3412.
