Upward wedge patterns have been noticed on May 8 for the stocks iShares Russell 3000 Index, iShares S&P 500 Growth Index, Hub Group Inc, ICU Medical, Inc, and Teekay Offshore Partners LP. 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 3000 Index (IWV) fell by 0.54% or $-0.44/share to $80.68. In the past year, the shares have traded as low as $62.44 and as high as $84.22. On average, 221080 shares of IWV exchange hands on a given day and today's volume is recorded at 231481.
Shares of iShares S&P 500 Growth Index (IVW) fell by 0.45% or $-0.33/share to $73.58. In the past year, the shares have traded as low as $57.87 and as high as $76.20. On average, 526710 shares of IVW exchange hands on a given day and today's volume is recorded at 256157.
Shares of Hub Group Inc (HUBG) fell by 1.34% or $-0.47/share to $34.53. In the past year, the shares have traded as low as $25.77 and as high as $40.16. On average, 204620 shares of HUBG exchange hands on a given day and today's volume is recorded at 103750.
Shares of ICU Medical, Inc (ICUI) traded higher by 0.38% or $0.20/share to $52.74. In the past year, the shares have traded as low as $35.58 and as high as $52.98. On average, 76700 shares of ICUI exchange hands on a given day and today's volume is recorded at 30383.
Shares of Teekay Offshore Partners LP (TOO) traded higher by 1.07% or $0.31/share to $29.25. In the past year, the shares have traded as low as $20.87 and as high as $29.79. On average, 120160 shares of TOO exchange hands on a given day and today's volume is recorded at 144801.
