Upward wedge patterns have been noticed on November 4 for the stocks BlackRock MuniHoldings New York Insured Fund, Inc, China Petroleum & Chemical Corp, Putnam Municipal Opportunities Trust, Hansen Natural Corporation, and National Grid plc. 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 BlackRock MuniHoldings New York Insured Fund, Inc (MHN) fell by 0.34% or $-0.05/share to $14.53. In the past year, the shares have traded as low as $11.71 and as high as $14.63. On average, 58360 shares of MHN exchange hands on a given day and today's volume is recorded at 34268.
Shares of China Petroleum & Chemical Corp (SNP) traded higher by 4.32% or $4.19/share to $101.21. In the past year, the shares have traded as low as $81.18 and as high as $107.89. On average, 223730 shares of SNP exchange hands on a given day and today's volume is recorded at 208963.
Shares of Putnam Municipal Opportunities Trust (PMO) traded higher by 0.03% or $0.00/share to $11.81. In the past year, the shares have traded as low as $9.51 and as high as $11.85. On average, 70830 shares of PMO exchange hands on a given day and today's volume is recorded at 36705.
Shares of Hansen Natural Corporation (HANS) traded higher by 7.03% or $6.34/share to $96.47. In the past year, the shares have traded as low as $48.28 and as high as $96.94. On average, 1379240 shares of HANS exchange hands on a given day and today's volume is recorded at 2338205.
Shares of National Grid plc (NGG) fell by 0.73% or $-0.37/share to $50.2. In the past year, the shares have traded as low as $40.74 and as high as $51.53. On average, 713320 shares of NGG exchange hands on a given day and today's volume is recorded at 780601.
