Upward wedge patterns have been noticed on October 2 for the stocks CYS Investments Inc, Acacia Research Corporation, and Regal Entertainment Group. 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 CYS Investments Inc (CYS) fell by 0.58% or $-0.07/share to $12.09. In the past year, the shares have traded as low as $10.56 and as high as $13.22. On average, 2140880 shares of CYS exchange hands on a given day and today's volume is recorded at 1268440.
Shares of Acacia Research Corporation (ACTG) fell by 2.36% or $-0.87/share to $35.99. In the past year, the shares have traded as low as $17.26 and as high as $47.24. On average, 535800 shares of ACTG exchange hands on a given day and today's volume is recorded at 593283.
Shares of Regal Entertainment Group (RGC) fell by 2.65% or $-0.32/share to $11.74. In the past year, the shares have traded as low as $10.97 and as high as $14.53. On average, 2490710 shares of RGC exchange hands on a given day and today's volume is recorded at 2301849.
