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

Friday, October 28, 2011

Stocks with Upward Wedge Patterns: (SPIL), (SNP), (PCG), (CHD), (PMO)

Upward wedge patterns have been noticed on October 28 for the stocks Siliconware Precision Industries Co. Ltd, China Petroleum & Chemical Corp, PG & E Corp, Church & Dwight Co. Inc, and Putnam Municipal Opportunities Trust. 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 Siliconware Precision Industries Co. Ltd (SPIL) fell by 1.69% or $-0.09/share to $5.24. In the past year, the shares have traded as low as $3.92 and as high as $6.89. On average, 2225700 shares of SPIL exchange hands on a given day and today's volume is recorded at 3793111.

Shares of China Petroleum & Chemical Corp (SNP) fell by 4.06% or $-4.11/share to $97.14. In the past year, the shares have traded as low as $81.17 and as high as $107.89. On average, 220090 shares of SNP exchange hands on a given day and today's volume is recorded at 194000.

Shares of PG & E Corp (PCG) fell by 0.44% or $-0.19/share to $42.97. In the past year, the shares have traded as low as $37.16 and as high as $46.65. On average, 3293400 shares of PCG exchange hands on a given day and today's volume is recorded at 2527208.

Shares of Church & Dwight Co. Inc (CHD) fell by 0.49% or $-0.22/share to $44.34. In the past year, the shares have traded as low as $31.58 and as high as $46.29. On average, 894520 shares of CHD exchange hands on a given day and today's volume is recorded at 489334.

Shares of Putnam Municipal Opportunities Trust (PMO) fell by 0.09% or $-0.01/share to $11.73. In the past year, the shares have traded as low as $9.52 and as high as $11.85. On average, 72040 shares of PMO exchange hands on a given day and today's volume is recorded at 22167.