Upward wedge patterns have been noticed on April 25 for the stocks Intel Corporation, GlaxoSmithKline plc, Consumer Discret Select Sector SPDR, Vanguard REIT Index ETF, and SPDR Dow Jones Industrial Average. 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 Intel Corporation (INTC) traded higher by 1.98% or $0.54/share to $27.85. In the past year, the shares have traded as low as $18.84 and as high as $28.78. On average, 37790430 shares of INTC exchange hands on a given day and today's volume is recorded at 34653168.
Shares of GlaxoSmithKline plc (GSK) fell by 2.77% or $-1.31/share to $45.9. In the past year, the shares have traded as low as $37.59 and as high as $47.48. On average, 2241280 shares of GSK exchange hands on a given day and today's volume is recorded at 4182465.
Shares of Consumer Discret Select Sector SPDR (XLY) traded higher by 1.66% or $0.73/share to $44.74. In the past year, the shares have traded as low as $32.78 and as high as $45.56. On average, 5462120 shares of XLY exchange hands on a given day and today's volume is recorded at 6209474.
Shares of Vanguard REIT Index ETF (VNQ) traded higher by 0.97% or $0.62/share to $64.92. In the past year, the shares have traded as low as $46.22 and as high as $64.33. On average, 2144900 shares of VNQ exchange hands on a given day and today's volume is recorded at 1490822.
Shares of SPDR Dow Jones Industrial Average (DIA) traded higher by 0.69% or $0.90/share to $130.62. In the past year, the shares have traded as low as $102.39 and as high as $132.53. On average, 6423940 shares of DIA exchange hands on a given day and today's volume is recorded at 6762848.
