Upward wedge patterns have been noticed on December 28 for the stocks Laboratory Corp. of America Holdings, Pep Boys - Manny, Moe & Jack, BlackRock MuniHoldings Insured Investment Fund, AllianceBernstein Income Fund, Inc, and Navios Maritime Holdings 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 Laboratory Corp. of America Holdings (LH) fell by 1.88% or $-1.65/share to $86.03. In the past year, the shares have traded as low as $74.57 and as high as $100.94. On average, 920220 shares of LH exchange hands on a given day and today's volume is recorded at 279756.
Shares of Pep Boys - Manny, Moe & Jack (PBY) fell by 1.08% or $-0.12/share to $11.02. In the past year, the shares have traded as low as $8.15 and as high as $15.84. On average, 538270 shares of PBY exchange hands on a given day and today's volume is recorded at 182201.
Shares of BlackRock MuniHoldings Insured Investment Fund (MFL) fell by 0.18% or $-0.03/share to $14.54. In the past year, the shares have traded as low as $10.96 and as high as $14.58. On average, 69910 shares of MFL exchange hands on a given day and today's volume is recorded at 27085.
Shares of AllianceBernstein Income Fund, Inc (ACG) fell by 0.12% or $-0.01/share to $8.15. In the past year, the shares have traded as low as $7.11 and as high as $8.18. On average, 560630 shares of ACG exchange hands on a given day and today's volume is recorded at 256119.
Shares of Navios Maritime Holdings Inc (NM) fell by 5.30% or $-0.19/share to $3.43. In the past year, the shares have traded as low as $2.78 and as high as $5.72. On average, 534930 shares of NM exchange hands on a given day and today's volume is recorded at 343729.
