Upward wedge patterns have been noticed on September 16 for the stocks iShares Silver Trust, Regal Entertainment Group, and Akorn, 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 iShares Silver Trust (SLV) traded higher by 1.42% or $0.55/share to $39.34. In the past year, the shares have traded as low as $20.06 and as high as $48.35. On average, 34734040 shares of SLV exchange hands on a given day and today's volume is recorded at 18045474.
Shares of Regal Entertainment Group (RGC) traded higher by 0.32% or $0.04/share to $12.6. In the past year, the shares have traded as low as $10.93 and as high as $14.53. On average, 2423200 shares of RGC exchange hands on a given day and today's volume is recorded at 594197.
Shares of Akorn, Inc (AKRX) traded higher by 6.60% or $0.56/share to $9.04. In the past year, the shares have traded as low as $3.76 and as high as $8.81. On average, 985600 shares of AKRX exchange hands on a given day and today's volume is recorded at 1536326.
