Upward wedge patterns have been noticed on May 18 for the stocks Con-way Inc, The Allstate Corporation, LaSalle Hotel Properties, Intel Corporation, and Coca-Cola FEMSA S.A.B de C.V. 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 Con-way Inc (CNW) fell by 2.89% or $-0.98/share to $32.94. In the past year, the shares have traded as low as $20.36 and as high as $41.79. On average, 803880 shares of CNW exchange hands on a given day and today's volume is recorded at 460577.
Shares of The Allstate Corporation (ALL) fell by 1.03% or $-0.34/share to $32.62. In the past year, the shares have traded as low as $21.93 and as high as $34.99. On average, 4295740 shares of ALL exchange hands on a given day and today's volume is recorded at 3548587.
Shares of LaSalle Hotel Properties (LHO) traded higher by 0.54% or $0.14/share to $26.12. In the past year, the shares have traded as low as $14.96 and as high as $30.46. On average, 797270 shares of LHO exchange hands on a given day and today's volume is recorded at 744560.
Shares of Intel Corporation (INTC) fell by 0.08% or $-0.02/share to $26.17. In the past year, the shares have traded as low as $18.70 and as high as $29.27. On average, 36583290 shares of INTC exchange hands on a given day and today's volume is recorded at 30028707.
Shares of Coca-Cola FEMSA S.A.B de C.V (KOF) fell by 0.93% or $-1.01/share to $107.8. In the past year, the shares have traded as low as $83.21 and as high as $113.00. On average, 91540 shares of KOF exchange hands on a given day and today's volume is recorded at 68572.
