Upward wedge patterns have been noticed on May 9 for the stocks iShares MSCI South Korea Index, CommVault Systems, Inc, iShares Morningstar Large Growth Index, Lazard Ltd, and Vanguard REIT Index ETF. 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 iShares MSCI South Korea Index (EWY) fell by 1.19% or $-0.69/share to $57.26. In the past year, the shares have traded as low as $44.34 and as high as $67.52. On average, 2274850 shares of EWY exchange hands on a given day and today's volume is recorded at 1493309.
Shares of CommVault Systems, Inc (CVLT) traded higher by 1.31% or $0.71/share to $54.84. In the past year, the shares have traded as low as $30.97 and as high as $55.49. On average, 454560 shares of CVLT exchange hands on a given day and today's volume is recorded at 474841.
Shares of iShares Morningstar Large Growth Index (JKE) fell by 0.15% or $-0.11/share to $74.64. In the past year, the shares have traded as low as $57.04 and as high as $78.31. On average, 43530 shares of JKE exchange hands on a given day and today's volume is recorded at 25970.
Shares of Lazard Ltd (LAZ) fell by 1.05% or $-0.27/share to $25.44. In the past year, the shares have traded as low as $18.69 and as high as $39.47. On average, 1034460 shares of LAZ exchange hands on a given day and today's volume is recorded at 375974.
Shares of Vanguard REIT Index ETF (VNQ) traded higher by 0.06% or $0.04/share to $65.65. In the past year, the shares have traded as low as $46.21 and as high as $66.69. On average, 2126500 shares of VNQ exchange hands on a given day and today's volume is recorded at 1422579.
