Upward wedge patterns have been noticed on November 20 for the stocks Putnam Municipal Opportunities Trust, Endologix Inc, Public Service Enterprise Group Inc, Consolidated Edison Inc, and American Water Works Company, 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 Putnam Municipal Opportunities Trust (PMO) fell by 0.17% or $-0.02/share to $11.82. In the past year, the shares have traded as low as $9.52 and as high as $11.89. On average, 69240 shares of PMO exchange hands on a given day and today's volume is recorded at 50807.
Shares of Endologix Inc (ELGX) fell by 4.52% or $-0.49/share to $10.36. In the past year, the shares have traded as low as $5.43 and as high as $12.20. On average, 665290 shares of ELGX exchange hands on a given day and today's volume is recorded at 713644.
Shares of Public Service Enterprise Group Inc (PEG) traded higher by 0.31% or $0.10/share to $32.69. In the past year, the shares have traded as low as $27.68 and as high as $35.48. On average, 3571040 shares of PEG exchange hands on a given day and today's volume is recorded at 6638407.
Shares of Consolidated Edison Inc (ED) traded higher by 0.59% or $0.34/share to $58.14. In the past year, the shares have traded as low as $45.44 and as high as $59.28. On average, 2498950 shares of ED exchange hands on a given day and today's volume is recorded at 1302702.
Shares of American Water Works Company, Inc (AWK) traded higher by 0.30% or $0.09/share to $30.45. In the past year, the shares have traded as low as $23.28 and as high as $31.26. On average, 1235830 shares of AWK exchange hands on a given day and today's volume is recorded at 1124861.
