Upward wedge patterns have been noticed on March 23 for the stocks Teledyne Technologies Inc, Fiduciary/Claymore MLP Opportunity Fund, Ecolab Inc, iShares Russell 2000 Growth Index, and iShares Russell 2000 Index. 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 Teledyne Technologies Inc (TDY) traded higher by 1.62% or $0.98/share to $61.42. In the past year, the shares have traded as low as $43.82 and as high as $62.29. On average, 149240 shares of TDY exchange hands on a given day and today's volume is recorded at 138430.
Shares of Fiduciary/Claymore MLP Opportunity Fund (FMO) traded higher by 1.07% or $0.24/share to $22.71. In the past year, the shares have traded as low as $15.64 and as high as $23.15. On average, 80960 shares of FMO exchange hands on a given day and today's volume is recorded at 58733.
Shares of Ecolab Inc (ECL) traded higher by 0.47% or $0.28/share to $60.31. In the past year, the shares have traded as low as $43.36 and as high as $62.65. On average, 1768760 shares of ECL exchange hands on a given day and today's volume is recorded at 834944.
Shares of iShares Russell 2000 Growth Index (IWO) traded higher by 0.71% or $0.67/share to $95.25. In the past year, the shares have traded as low as $68.36 and as high as $98.81. On average, 1642450 shares of IWO exchange hands on a given day and today's volume is recorded at 770635.
Shares of iShares Russell 2000 Index (IWM) traded higher by 0.60% or $0.49/share to $82.62. In the past year, the shares have traded as low as $59.80 and as high as $85.79. On average, 48132870 shares of IWM exchange hands on a given day and today's volume is recorded at 36320756.
