Upward wedge patterns have been noticed on May 20 for the stocks Arthur J Gallagher & Co, National Retail Properties, Inc, iShares Dow Jones Select Dividend Index, Santarus, Inc, and iShares Nasdaq Biotechnology. 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 Arthur J Gallagher & Co (AJG) fell by 2.00% or $-0.69/share to $33.84. In the past year, the shares have traded as low as $23.54 and as high as $38.24. On average, 677610 shares of AJG exchange hands on a given day and today's volume is recorded at 766165.
Shares of National Retail Properties, Inc (NNN) fell by 0.87% or $-0.23/share to $26.1. In the past year, the shares have traded as low as $21.74 and as high as $27.93. On average, 833740 shares of NNN exchange hands on a given day and today's volume is recorded at 827787.
Shares of iShares Dow Jones Select Dividend Index (DVY) fell by 0.61% or $-0.33/share to $53.98. In the past year, the shares have traded as low as $43.60 and as high as $57.25. On average, 1220480 shares of DVY exchange hands on a given day and today's volume is recorded at 1339513.
Shares of Santarus, Inc (SNTS) fell by 2.76% or $-0.16/share to $5.64. In the past year, the shares have traded as low as $2.40 and as high as $6.60. On average, 419820 shares of SNTS exchange hands on a given day and today's volume is recorded at 1076655.
Shares of iShares Nasdaq Biotechnology (IBB) fell by 1.58% or $-1.93/share to $120.4. In the past year, the shares have traded as low as $83.93 and as high as $126.90. On average, 492740 shares of IBB exchange hands on a given day and today's volume is recorded at 1400610.
