Upward wedge patterns have been noticed on April 8 for the stocks Vanguard Small Cap ETF, Vanguard Industrials ETF, Bankrate, Inc, Nuveen Quality Preferred Income Fund, and The Madison Square Garden Company. 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 Vanguard Small Cap ETF (VB) fell by 0.40% or $-0.31/share to $77.65. In the past year, the shares have traded as low as $56.48 and as high as $80.74. On average, 380660 shares of VB exchange hands on a given day and today's volume is recorded at 202007.
Shares of Vanguard Industrials ETF (VIS) fell by 0.46% or $-0.32/share to $68.72. In the past year, the shares have traded as low as $49.94 and as high as $71.19. On average, 51750 shares of VIS exchange hands on a given day and today's volume is recorded at 40440.
Shares of Bankrate, Inc (RATE) fell by 4.44% or $-1.08/share to $23.25. In the past year, the shares have traded as low as $13.38 and as high as $25.95. On average, 389370 shares of RATE exchange hands on a given day and today's volume is recorded at 1027746.
Shares of Nuveen Quality Preferred Income Fund (JTP) fell by 0.25% or $-0.02/share to $8.06. In the past year, the shares have traded as low as $6.41 and as high as $8.37. On average, 155640 shares of JTP exchange hands on a given day and today's volume is recorded at 78778.
Shares of The Madison Square Garden Company (MSG) traded higher by 1.29% or $0.44/share to $34.65. In the past year, the shares have traded as low as $21.12 and as high as $34.80. On average, 343760 shares of MSG exchange hands on a given day and today's volume is recorded at 306090.
