Upward wedge patterns have been noticed on September 14 for the stocks iShares Silver Trust, 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) fell by 1.05% or $-0.42/share to $39.45. In the past year, the shares have traded as low as $19.81 and as high as $48.35. On average, 35162150 shares of SLV exchange hands on a given day and today's volume is recorded at 14731737.
Shares of Akorn, Inc (AKRX) traded higher by 3.30% or $0.27/share to $8.46. In the past year, the shares have traded as low as $3.72 and as high as $8.46. On average, 981410 shares of AKRX exchange hands on a given day and today's volume is recorded at 561751.
