Upward wedge patterns have been noticed on October 30 for the stocks Endologix Inc, TransAlta Corp, and Grand Canyon Education, 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 Endologix Inc (ELGX) traded higher by 3.23% or $0.35/share to $11.2. In the past year, the shares have traded as low as $5.31 and as high as $11.72. On average, 652150 shares of ELGX exchange hands on a given day and today's volume is recorded at 2325654.
Shares of TransAlta Corp (TAC) fell by 1.05% or $-0.24/share to $22.54. In the past year, the shares have traded as low as $18.75 and as high as $23.09. On average, 59190 shares of TAC exchange hands on a given day and today's volume is recorded at 41858.
Shares of Grand Canyon Education, Inc (LOPE) fell by 1.17% or $-0.20/share to $16.91. In the past year, the shares have traded as low as $12.26 and as high as $20.66. On average, 364060 shares of LOPE exchange hands on a given day and today's volume is recorded at 151319.
