Upward wedge patterns have been noticed on August 2 for the stocks NTELOS Holdings Corp, Invesco Van Kampen Pennsylvania Value Municipal Income Trust, PIMCO Municipal Income Fund III, iShares Dow Jones US Utilities, and American Greetings 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 NTELOS Holdings Corp (NTLS) fell by 2.21% or $-0.43/share to $19.02. In the past year, the shares have traded as low as $14.95 and as high as $21.00. On average, 149560 shares of NTLS exchange hands on a given day and today's volume is recorded at 80566.
Shares of Invesco Van Kampen Pennsylvania Value Municipal Income Trust (VPV) traded higher by 0.16% or $0.02/share to $12.8. In the past year, the shares have traded as low as $11.24 and as high as $14.20. On average, 25610 shares of VPV exchange hands on a given day and today's volume is recorded at 16885.
Shares of PIMCO Municipal Income Fund III (PMX) traded higher by 0.19% or $0.02/share to $10.62. In the past year, the shares have traded as low as $8.94 and as high as $11.28. On average, 71120 shares of PMX exchange hands on a given day and today's volume is recorded at 57284.
Shares of iShares Dow Jones US Utilities (IDU) fell by 1.05% or $-0.86/share to $81.14. In the past year, the shares have traded as low as $70.35 and as high as $84.17. On average, 40300 shares of IDU exchange hands on a given day and today's volume is recorded at 21766.
Shares of American Greetings Corp (AM) fell by 1.08% or $-0.24/share to $21.93. In the past year, the shares have traded as low as $17.55 and as high as $24.68. On average, 293470 shares of AM exchange hands on a given day and today's volume is recorded at 355327.
