Upward wedge patterns have been noticed on December 7 for the stocks Invesco Quality Municipal Income Trust, Blackrock MuniYield Insured Fund, Inc, Aspen Technology, Inc, Federal Realty Investment Trust, and The TJX Companies, 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 Invesco Quality Municipal Income Trust (IQI) traded higher by 0.83% or $0.11/share to $13.37. In the past year, the shares have traded as low as $10.45 and as high as $13.27. On average, 35770 shares of IQI exchange hands on a given day and today's volume is recorded at 25822.
Shares of Blackrock MuniYield Insured Fund, Inc (MYI) traded higher by 0.37% or $0.05/share to $13.61. In the past year, the shares have traded as low as $10.58 and as high as $13.75. On average, 118500 shares of MYI exchange hands on a given day and today's volume is recorded at 124942.
Shares of Aspen Technology, Inc (AZPN) fell by 0.50% or $-0.09/share to $18.08. In the past year, the shares have traded as low as $12.45 and as high as $18.73. On average, 714750 shares of AZPN exchange hands on a given day and today's volume is recorded at 293553.
Shares of Federal Realty Investment Trust (FRT) traded higher by 0.63% or $0.56/share to $89.54. In the past year, the shares have traded as low as $72.26 and as high as $91.38. On average, 552180 shares of FRT exchange hands on a given day and today's volume is recorded at 290316.
Shares of The TJX Companies, Inc (TJX) fell by 0.52% or $-0.33/share to $63.19. In the past year, the shares have traded as low as $41.98 and as high as $63.89. On average, 3336040 shares of TJX exchange hands on a given day and today's volume is recorded at 2115274.
