Upward wedge patterns have been noticed on December 5 for the stocks John Hancock Tax Advantaged Dividend Income Fund, QUALCOMM Incorporated, Nuveen California Dividend Advantage Municipal Fund 3, John Hancock Preferred Income Fund III, and Blackrock MuniYield Insured Fund, 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 John Hancock Tax Advantaged Dividend Income Fund (HTD) traded higher by 0.47% or $0.08/share to $17.06. In the past year, the shares have traded as low as $12.98 and as high as $17.26. On average, 103650 shares of HTD exchange hands on a given day and today's volume is recorded at 60885.
Shares of QUALCOMM Incorporated (QCOM) traded higher by 0.26% or $0.14/share to $54.48. In the past year, the shares have traded as low as $45.59 and as high as $59.12. On average, 16684210 shares of QCOM exchange hands on a given day and today's volume is recorded at 11650508.
Shares of Nuveen California Dividend Advantage Municipal Fund 3 (NZH) remained unchanged at $13.26. In the past year, the shares have traded as low as $10.49 and as high as $13.27. On average, 34930 shares of NZH exchange hands on a given day and today's volume is recorded at 41214.
Shares of John Hancock Preferred Income Fund III (HPS) traded higher by 0.91% or $0.15/share to $17.16. In the past year, the shares have traded as low as $13.86 and as high as $17.57. On average, 69080 shares of HPS exchange hands on a given day and today's volume is recorded at 41546.
Shares of Blackrock MuniYield Insured Fund, Inc (MYI) fell by 0.37% or $-0.05/share to $13.6. In the past year, the shares have traded as low as $10.58 and as high as $13.75. On average, 117640 shares of MYI exchange hands on a given day and today's volume is recorded at 136600.
