Upward wedge patterns have been noticed on May 15 for the stocks GlaxoSmithKline plc, Endurance Specialty Holdings Ltd, Medivation, Inc, Kilroy Realty Corp, and SCBT Financial Corp. 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 GlaxoSmithKline plc (GSK) fell by 0.52% or $-0.24/share to $45.35. In the past year, the shares have traded as low as $37.14 and as high as $46.91. On average, 2181140 shares of GSK exchange hands on a given day and today's volume is recorded at 1872197.
Shares of Endurance Specialty Holdings Ltd (ENH) fell by 0.30% or $-0.12/share to $40.03. In the past year, the shares have traded as low as $31.16 and as high as $41.99. On average, 287670 shares of ENH exchange hands on a given day and today's volume is recorded at 154632.
Shares of Medivation, Inc (MDVN) fell by 1.50% or $-1.31/share to $86.11. In the past year, the shares have traded as low as $14.32 and as high as $88.51. On average, 676620 shares of MDVN exchange hands on a given day and today's volume is recorded at 774154.
Shares of Kilroy Realty Corp (KRC) fell by 0.67% or $-0.32/share to $47.35. In the past year, the shares have traded as low as $27.87 and as high as $48.97. On average, 722630 shares of KRC exchange hands on a given day and today's volume is recorded at 252732.
Shares of SCBT Financial Corp (SCBT) traded higher by 0.87% or $0.28/share to $32.33. In the past year, the shares have traded as low as $23.76 and as high as $34.89. On average, 32910 shares of SCBT exchange hands on a given day and today's volume is recorded at 16864.
