Upward wedge patterns have been noticed on November 15 for the stocks National Grid plc, Public Service Enterprise Group Inc, Investors Real Estate Trust, Hi Tech Pharmacal Co. Inc, and Grand Canyon Education, 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 National Grid plc (NGG) traded higher by 1.02% or $0.51/share to $50.17. In the past year, the shares have traded as low as $40.74 and as high as $51.53. On average, 692860 shares of NGG exchange hands on a given day and today's volume is recorded at 382213.
Shares of Public Service Enterprise Group Inc (PEG) fell by 0.80% or $-0.27/share to $33.33. In the past year, the shares have traded as low as $27.68 and as high as $35.48. On average, 3602120 shares of PEG exchange hands on a given day and today's volume is recorded at 2717853.
Shares of Investors Real Estate Trust (IRETP) fell by 1.59% or $-0.43/share to $26.55. In the past year, the shares have traded as low as $23.88 and as high as $26.99. On average, 680 shares of IRETP exchange hands on a given day and today's volume is recorded at 2540.
Shares of Hi Tech Pharmacal Co. Inc (HITK) traded higher by 6.24% or $2.21/share to $37.6. In the past year, the shares have traded as low as $18.68 and as high as $37.22. On average, 180190 shares of HITK exchange hands on a given day and today's volume is recorded at 265692.
Shares of Grand Canyon Education, Inc (LOPE) traded higher by 0.06% or $0.01/share to $16.36. In the past year, the shares have traded as low as $12.26 and as high as $20.66. On average, 309690 shares of LOPE exchange hands on a given day and today's volume is recorded at 116790.
