Upward wedge patterns have been noticed on December 15 for the stocks Protective Life Corp, Visa, Inc, Invesco Insured Municipal Income Trust, Nuveen Dividend Advatage Municipal Fund 2, and Nuveen California Quality Income Municipal 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 Protective Life Corp (PL) traded higher by 0.53% or $0.11/share to $21.02. In the past year, the shares have traded as low as $13.61 and as high as $28.74. On average, 930050 shares of PL exchange hands on a given day and today's volume is recorded at 407689.
Shares of Visa, Inc (V) fell by 0.20% or $-0.19/share to $96.17. In the past year, the shares have traded as low as $65.97 and as high as $98.60. On average, 4735050 shares of V exchange hands on a given day and today's volume is recorded at 2996569.
Shares of Invesco Insured Municipal Income Trust (IIM) fell by 1.03% or $-0.16/share to $15.31. In the past year, the shares have traded as low as $11.64 and as high as $15.87. On average, 43150 shares of IIM exchange hands on a given day and today's volume is recorded at 57814.
Shares of Nuveen Dividend Advatage Municipal Fund 2 (NXZ) fell by 0.07% or $-0.01/share to $14.4. In the past year, the shares have traded as low as $11.23 and as high as $14.68. On average, 46330 shares of NXZ exchange hands on a given day and today's volume is recorded at 36831.
Shares of Nuveen California Quality Income Municipal Fund, Inc (NUC) traded higher by 0.19% or $0.03/share to $15.66. In the past year, the shares have traded as low as $11.41 and as high as $15.68. On average, 32060 shares of NUC exchange hands on a given day and today's volume is recorded at 17617.
