Upward wedge patterns have been noticed on November 16 for the stocks Eli Lilly & Co, National Grid plc, Public Service Enterprise Group Inc, The TJX Companies, 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 Eli Lilly & Co (LLY) fell by 0.50% or $-0.19/share to $37.46. In the past year, the shares have traded as low as $31.76 and as high as $38.71. On average, 8603150 shares of LLY exchange hands on a given day and today's volume is recorded at 2854916.
Shares of National Grid plc (NGG) fell by 0.62% or $-0.31/share to $49.8. In the past year, the shares have traded as low as $40.74 and as high as $51.53. On average, 689210 shares of NGG exchange hands on a given day and today's volume is recorded at 349642.
Shares of Public Service Enterprise Group Inc (PEG) fell by 0.42% or $-0.14/share to $33.12. In the past year, the shares have traded as low as $27.68 and as high as $35.48. On average, 3581680 shares of PEG exchange hands on a given day and today's volume is recorded at 1382592.
Shares of The TJX Companies, Inc (TJX) traded higher by 0.33% or $0.20/share to $61.07. In the past year, the shares have traded as low as $41.98 and as high as $61.71. On average, 3600370 shares of TJX exchange hands on a given day and today's volume is recorded at 2026172.
Shares of Putnam Municipal Opportunities Trust (PMO) fell by 0.10% or $-0.01/share to $11.83. In the past year, the shares have traded as low as $9.52 and as high as $11.89. On average, 69170 shares of PMO exchange hands on a given day and today's volume is recorded at 44542.
