Upward wedge patterns have been noticed on March 11 for the stocks PennantPark Investment Corporation, Nuveen New York Select Quality Municipal Fund, Inc, SandRidge Energy, Inc, IAC/InterActiveCorp, and Piedmont Natural Gas Co. 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 PennantPark Investment Corporation (PNNT) traded higher by 1.00% or $0.11/share to $11.09. In the past year, the shares have traded as low as $7.79 and as high as $11.53. On average, 560370 shares of PNNT exchange hands on a given day and today's volume is recorded at 376122.
Shares of Nuveen New York Select Quality Municipal Fund, Inc (NVN) traded higher by 0.25% or $0.04/share to $16.34. In the past year, the shares have traded as low as $12.48 and as high as $16.37. On average, 39020 shares of NVN exchange hands on a given day and today's volume is recorded at 30783.
Shares of SandRidge Energy, Inc (SD) fell by 0.12% or $-0.01/share to $8.18. In the past year, the shares have traded as low as $4.55 and as high as $13.34. On average, 13869320 shares of SD exchange hands on a given day and today's volume is recorded at 8018816.
Shares of IAC/InterActiveCorp (IACI) traded higher by 1.27% or $0.61/share to $48.65. In the past year, the shares have traded as low as $28.44 and as high as $48.12. On average, 950000 shares of IACI exchange hands on a given day and today's volume is recorded at 867106.
Shares of Piedmont Natural Gas Co. Inc (PNY) fell by 0.28% or $-0.09/share to $32.32. In the past year, the shares have traded as low as $25.40 and as high as $34.74. On average, 310450 shares of PNY exchange hands on a given day and today's volume is recorded at 384305.
