Upward wedge patterns have been noticed on November 21 for the stocks Allscripts Healthcare Solutions, Inc, The Fresh Market, Inc, Putnam Municipal Opportunities Trust, Hi Tech Pharmacal Co. Inc, and Aruba Networks, 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 Allscripts Healthcare Solutions, Inc (MDRX) traded higher by 0.10% or $0.02/share to $19.16. In the past year, the shares have traded as low as $13.85 and as high as $23.13. On average, 2119160 shares of MDRX exchange hands on a given day and today's volume is recorded at 1595310.
Shares of The Fresh Market, Inc (TFM) fell by 0.31% or $-0.12/share to $38.51. In the past year, the shares have traded as low as $30.86 and as high as $46.85. On average, 381560 shares of TFM exchange hands on a given day and today's volume is recorded at 238724.
Shares of Putnam Municipal Opportunities Trust (PMO) fell by 0.08% or $-0.01/share to $11.81. In the past year, the shares have traded as low as $9.52 and as high as $11.89. On average, 68790 shares of PMO exchange hands on a given day and today's volume is recorded at 52836.
Shares of Hi Tech Pharmacal Co. Inc (HITK) traded higher by 1.11% or $0.41/share to $37.49. In the past year, the shares have traded as low as $18.68 and as high as $38.33. On average, 187240 shares of HITK exchange hands on a given day and today's volume is recorded at 171085.
Shares of Aruba Networks, Inc (ARUN) fell by 7.99% or $-1.76/share to $20.28. In the past year, the shares have traded as low as $16.20 and as high as $36.40. On average, 3884940 shares of ARUN exchange hands on a given day and today's volume is recorded at 5630365.
