Upward wedge patterns have been noticed on May 14 for the stocks Teledyne Technologies Inc, ICU Medical, Inc, ProShares Ultra S&P500, iShares Dow Jones U.S. Index, and SPDR Dow Jones REIT. 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 Teledyne Technologies Inc (TDY) traded higher by 0.33% or $0.20/share to $61.26. In the past year, the shares have traded as low as $43.82 and as high as $66.29. On average, 163470 shares of TDY exchange hands on a given day and today's volume is recorded at 104576.
Shares of ICU Medical, Inc (ICUI) fell by 0.15% or $-0.08/share to $53.73. In the past year, the shares have traded as low as $35.58 and as high as $53.96. On average, 81490 shares of ICUI exchange hands on a given day and today's volume is recorded at 33704.
Shares of ProShares Ultra S&P500 (SSO) fell by 1.20% or $-0.65/share to $53.31. In the past year, the shares have traded as low as $34.09 and as high as $59.56. On average, 7474680 shares of SSO exchange hands on a given day and today's volume is recorded at 4026921.
Shares of iShares Dow Jones U.S. Index (IYY) fell by 0.59% or $-0.40/share to $67.71. In the past year, the shares have traded as low as $53.01 and as high as $71.49. On average, 62080 shares of IYY exchange hands on a given day and today's volume is recorded at 94247.
Shares of SPDR Dow Jones REIT (RWR) fell by 0.72% or $-0.53/share to $72.62. In the past year, the shares have traded as low as $51.48 and as high as $74.30. On average, 224690 shares of RWR exchange hands on a given day and today's volume is recorded at 515428.
