Upward wedge patterns have been noticed on January 9 for the stocks Mastercard Incorporated, General Communication Inc, Fifth Street Finance Corp, Steel Dynamics Inc, and PowerShares Build America Bond. 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 Mastercard Incorporated (MA) traded higher by 0.78% or $2.67/share to $345.59. In the past year, the shares have traded as low as $227.59 and as high as $384.84. On average, 1053550 shares of MA exchange hands on a given day and today's volume is recorded at 835475.
Shares of General Communication Inc (GNCMA) fell by 0.26% or $-0.02/share to $9.52. In the past year, the shares have traded as low as $7.34 and as high as $13.29. On average, 176670 shares of GNCMA exchange hands on a given day and today's volume is recorded at 39187.
Shares of Fifth Street Finance Corp (FSC) traded higher by 1.10% or $0.11/share to $10.1. In the past year, the shares have traded as low as $8.02 and as high as $12.74. On average, 809870 shares of FSC exchange hands on a given day and today's volume is recorded at 418919.
Shares of Steel Dynamics Inc (STLD) traded higher by 0.90% or $0.13/share to $14.6. In the past year, the shares have traded as low as $8.71 and as high as $20.12. On average, 3538340 shares of STLD exchange hands on a given day and today's volume is recorded at 1432153.
Shares of PowerShares Build America Bond (BAB) fell by 0.01% or $-0.00/share to $28.58. In the past year, the shares have traded as low as $23.25 and as high as $29.20. On average, 177700 shares of BAB exchange hands on a given day and today's volume is recorded at 136530.
