Upward wedge patterns have been noticed on March 25 for the stocks PowerShares Water Resources, UIL Holdings Corporation, Cass Information Systems Inc, Olin Corp, and Tanger Factory Outlet Centers 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 PowerShares Water Resources (PHO) traded higher by 0.91% or $0.17/share to $18.82. In the past year, the shares have traded as low as $13.98 and as high as $20.46. On average, 209590 shares of PHO exchange hands on a given day and today's volume is recorded at 113145.
Shares of UIL Holdings Corporation (UIL) fell by 0.06% or $-0.02/share to $34.45. In the past year, the shares have traded as low as $27.63 and as high as $35.77. On average, 291500 shares of UIL exchange hands on a given day and today's volume is recorded at 253734.
Shares of Cass Information Systems Inc (CASS) traded higher by 3.78% or $1.48/share to $40.6. In the past year, the shares have traded as low as $29.50 and as high as $41.56. On average, 15540 shares of CASS exchange hands on a given day and today's volume is recorded at 10537.
Shares of Olin Corp (OLN) traded higher by 2.30% or $0.48/share to $21.38. In the past year, the shares have traded as low as $15.81 and as high as $26.16. On average, 632190 shares of OLN exchange hands on a given day and today's volume is recorded at 839281.
Shares of Tanger Factory Outlet Centers Inc (SKT) traded higher by 0.17% or $0.05/share to $29.49. In the past year, the shares have traded as low as $22.07 and as high as $30.27. On average, 1035190 shares of SKT exchange hands on a given day and today's volume is recorded at 498369.
