Upward wedge patterns have been noticed on January 9 for the stocks The Cheesecake Factory Incorporated, BlackRock MuniYield Quality Fund, Inc, John Hancock Preferred Income Fund III, Pep Boys - Manny, Moe & Jack, and BlackRock MuniHoldings California 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 The Cheesecake Factory Incorporated (CAKE) fell by 0.14% or $-0.04/share to $29.38. In the past year, the shares have traded as low as $23.65 and as high as $34.07. On average, 1007260 shares of CAKE exchange hands on a given day and today's volume is recorded at 558326.
Shares of BlackRock MuniYield Quality Fund, Inc (MQY) remained unchanged at $15.65. In the past year, the shares have traded as low as $11.17 and as high as $15.94. On average, 57610 shares of MQY exchange hands on a given day and today's volume is recorded at 54005.
Shares of John Hancock Preferred Income Fund III (HPS) fell by 0.17% or $-0.03/share to $17.3. In the past year, the shares have traded as low as $13.68 and as high as $17.50. On average, 65630 shares of HPS exchange hands on a given day and today's volume is recorded at 38087.
Shares of Pep Boys - Manny, Moe & Jack (PBY) traded higher by 2.36% or $0.25/share to $10.85. In the past year, the shares have traded as low as $8.14 and as high as $15.79. On average, 496890 shares of PBY exchange hands on a given day and today's volume is recorded at 360401.
Shares of BlackRock MuniHoldings California Insured Fund, Inc (MUC) traded higher by 0.47% or $0.07/share to $15.07. In the past year, the shares have traded as low as $11.33 and as high as $15.20. On average, 62590 shares of MUC exchange hands on a given day and today's volume is recorded at 51374.
