Upward wedge patterns have been noticed on May 15 for the stocks iShares Russell Midcap Value Index, Hibbett Sports, Inc, SPDR Dow Jones Industrial Average, LaSalle Hotel Properties, 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 iShares Russell Midcap Value Index (IWS) fell by 0.89% or $-0.41/share to $45.77. In the past year, the shares have traded as low as $35.83 and as high as $48.69. On average, 650570 shares of IWS exchange hands on a given day and today's volume is recorded at 348446.
Shares of Hibbett Sports, Inc (HIBB) fell by 0.25% or $-0.15/share to $59.99. In the past year, the shares have traded as low as $31.03 and as high as $61.93. On average, 308290 shares of HIBB exchange hands on a given day and today's volume is recorded at 536033.
Shares of SPDR Dow Jones Industrial Average (DIA) fell by 0.55% or $-0.70/share to $126.25. In the past year, the shares have traded as low as $102.39 and as high as $133.15. On average, 6289400 shares of DIA exchange hands on a given day and today's volume is recorded at 5336483.
Shares of LaSalle Hotel Properties (LHO) fell by 0.71% or $-0.20/share to $27.97. In the past year, the shares have traded as low as $14.96 and as high as $30.46. On average, 779860 shares of LHO exchange hands on a given day and today's volume is recorded at 1037293.
Shares of Pfizer Inc (PFE) fell by 1.28% or $-0.29/share to $22.3. In the past year, the shares have traded as low as $16.14 and as high as $23.07. On average, 37471170 shares of PFE exchange hands on a given day and today's volume is recorded at 26683208.
