Navigate this market better. Subscribe for FREE stock alerts and information.

Wednesday, September 28, 2011

Bearish Upward Wedge Detected: (CHD), (AGG), (IIJI)

Upward wedge patterns have been noticed on September 28 for the stocks Church & Dwight Co. Inc, iShares Barclays Aggregate Bond, and Internet Initiative Japan 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 Church & Dwight Co. Inc (CHD) fell by 0.27% or $-0.12/share to $44.76. In the past year, the shares have traded as low as $31.58 and as high as $46.29. On average, 874680 shares of CHD exchange hands on a given day and today's volume is recorded at 430578.

Shares of iShares Barclays Aggregate Bond (AGG) fell by 0.15% or $-0.16/share to $109.67. In the past year, the shares have traded as low as $101.66 and as high as $111.02. On average, 1122390 shares of AGG exchange hands on a given day and today's volume is recorded at 414787.

Shares of Internet Initiative Japan Inc (IIJI) traded higher by 2.50% or $0.27/share to $11.07. In the past year, the shares have traded as low as $5.08 and as high as $11.78. On average, 25830 shares of IIJI exchange hands on a given day and today's volume is recorded at 39096.