Upward wedge patterns have been noticed on May 20 for the stocks Axis Capital Holdings Limited, Timken Co, GlaxoSmithKline plc, Portland General Electric Company, and Pfizer 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 Axis Capital Holdings Limited (AXS) fell by 2.00% or $-0.67/share to $32.85. In the past year, the shares have traded as low as $24.22 and as high as $35.12. On average, 874330 shares of AXS exchange hands on a given day and today's volume is recorded at 796213.
Shares of Timken Co (TKR) fell by 0.02% or $-0.01/share to $48.35. In the past year, the shares have traded as low as $29.76 and as high as $57.69. On average, 1050670 shares of TKR exchange hands on a given day and today's volume is recorded at 1507429.
Shares of GlaxoSmithKline plc (GSK) fell by 0.38% or $-0.17/share to $44.18. In the past year, the shares have traded as low as $37.14 and as high as $46.92. On average, 2163440 shares of GSK exchange hands on a given day and today's volume is recorded at 2610779.
Shares of Portland General Electric Company (POR) traded higher by 0.45% or $0.11/share to $24.48. In the past year, the shares have traded as low as $20.61 and as high as $26.03. On average, 485590 shares of POR exchange hands on a given day and today's volume is recorded at 649722.
Shares of Pfizer Inc (PFE) traded higher by 0.04% or $0.01/share to $22.57. In the past year, the shares have traded as low as $16.14 and as high as $23.07. On average, 37911550 shares of PFE exchange hands on a given day and today's volume is recorded at 41817244.
