Upward wedge patterns have been noticed on April 8 for the stocks John Hancock Preferred Income Fund II, Cubist Pharmaceuticals Inc, Fortune Brands Home & Security, Inc, Worthington Industries, Inc, and Cass Information Systems 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 John Hancock Preferred Income Fund II (HPF) fell by 0.32% or $-0.07/share to $21.51. In the past year, the shares have traded as low as $16.77 and as high as $22.46. On average, 49070 shares of HPF exchange hands on a given day and today's volume is recorded at 45546.
Shares of Cubist Pharmaceuticals Inc (CBST) fell by 0.07% or $-0.03/share to $42.66. In the past year, the shares have traded as low as $28.67 and as high as $44.95. On average, 805170 shares of CBST exchange hands on a given day and today's volume is recorded at 441982.
Shares of Fortune Brands Home & Security, Inc (FBHS) traded higher by 0.19% or $0.04/share to $21.38. In the past year, the shares have traded as low as $11.00 and as high as $22.32. On average, 1205400 shares of FBHS exchange hands on a given day and today's volume is recorded at 1556727.
Shares of Worthington Industries, Inc (WOR) fell by 0.74% or $-0.14/share to $18.75. In the past year, the shares have traded as low as $12.66 and as high as $23.22. On average, 563690 shares of WOR exchange hands on a given day and today's volume is recorded at 793580.
Shares of Cass Information Systems Inc (CASS) fell by 0.03% or $-0.01/share to $39.0. In the past year, the shares have traded as low as $29.50 and as high as $41.89. On average, 16219 shares of CASS exchange hands on a given day and today's volume is recorded at 7405.
