Upward wedge patterns have been noticed on January 9 for the stocks Nike Inc, Laboratory Corp. of America Holdings, Navios Maritime Holdings Inc, Capital One Financial Corp, 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 Nike Inc (NKE) traded higher by 0.69% or $0.68/share to $98.67. In the past year, the shares have traded as low as $68.66 and as high as $98.75. On average, 2514250 shares of NKE exchange hands on a given day and today's volume is recorded at 1611030.
Shares of Laboratory Corp. of America Holdings (LH) traded higher by 0.05% or $0.04/share to $87.45. In the past year, the shares have traded as low as $74.57 and as high as $100.93. On average, 828500 shares of LH exchange hands on a given day and today's volume is recorded at 338895.
Shares of Navios Maritime Holdings Inc (NM) traded higher by 1.43% or $0.05/share to $3.53. In the past year, the shares have traded as low as $2.78 and as high as $5.72. On average, 512460 shares of NM exchange hands on a given day and today's volume is recorded at 226671.
Shares of Capital One Financial Corp (COF) traded higher by 2.37% or $1.07/share to $46.23. In the past year, the shares have traded as low as $35.85 and as high as $56.12. On average, 5472500 shares of COF exchange hands on a given day and today's volume is recorded at 3496647.
Shares of The Marcus Corporation (MCS) traded higher by 1.05% or $0.13/share to $12.56. In the past year, the shares have traded as low as $7.94 and as high as $13.55. On average, 88580 shares of MCS exchange hands on a given day and today's volume is recorded at 77496.
