Upward wedge patterns have been noticed on November 7 for the stocks Hansen Natural Corporation, 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 Hansen Natural Corporation (HANS) fell by 2.45% or $-2.34/share to $93.22. In the past year, the shares have traded as low as $48.28 and as high as $97.31. On average, 1400990 shares of HANS exchange hands on a given day and today's volume is recorded at 795083.
Shares of Putnam Municipal Opportunities Trust (PMO) traded higher by 0.51% or $0.06/share to $11.84. In the past year, the shares have traded as low as $9.52 and as high as $11.85. On average, 70600 shares of PMO exchange hands on a given day and today's volume is recorded at 49228.
