Upward wedge patterns have been noticed on December 15 for the stocks Mastercard Incorporated, DWS Municipal Income Trust, City Telecom HK Ltd, John Hancock Tax Advantaged Dividend Income Fund, and The Marcus Corporation. 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 Mastercard Incorporated (MA) remained unchanged at $361.12. In the past year, the shares have traded as low as $214.53 and as high as $384.99. On average, 1263390 shares of MA exchange hands on a given day and today's volume is recorded at 494059.
Shares of DWS Municipal Income Trust (KTF) fell by 0.90% or $-0.12/share to $13.25. In the past year, the shares have traded as low as $9.57 and as high as $13.42. On average, 85850 shares of KTF exchange hands on a given day and today's volume is recorded at 78698.
Shares of City Telecom HK Ltd (CTEL) traded higher by 0.95% or $0.10/share to $10.68. In the past year, the shares have traded as low as $9.00 and as high as $15.55. On average, 47430 shares of CTEL exchange hands on a given day and today's volume is recorded at 38413.
Shares of John Hancock Tax Advantaged Dividend Income Fund (HTD) traded higher by 0.37% or $0.06/share to $16.8. In the past year, the shares have traded as low as $12.91 and as high as $17.16. On average, 103100 shares of HTD exchange hands on a given day and today's volume is recorded at 74926.
Shares of The Marcus Corporation (MCS) traded higher by 3.33% or $0.40/share to $12.4. In the past year, the shares have traded as low as $7.94 and as high as $14.03. On average, 107020 shares of MCS exchange hands on a given day and today's volume is recorded at 134376.
