Upward wedge patterns have been noticed on May 16 for the stocks Teledyne Technologies Inc, Arthur J Gallagher & Co, Pfizer Inc, Portland General Electric Company, and Cheniere Energy, 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 Teledyne Technologies Inc (TDY) fell by 0.36% or $-0.22/share to $61.43. In the past year, the shares have traded as low as $43.82 and as high as $66.29. On average, 163150 shares of TDY exchange hands on a given day and today's volume is recorded at 55707.
Shares of Arthur J Gallagher & Co (AJG) fell by 0.62% or $-0.22/share to $35.28. In the past year, the shares have traded as low as $23.54 and as high as $38.24. On average, 679900 shares of AJG exchange hands on a given day and today's volume is recorded at 178252.
Shares of Pfizer Inc (PFE) traded higher by 1.43% or $0.32/share to $22.62. In the past year, the shares have traded as low as $16.14 and as high as $23.07. On average, 37604290 shares of PFE exchange hands on a given day and today's volume is recorded at 25621220.
Shares of Portland General Electric Company (POR) traded higher by 0.61% or $0.15/share to $24.67. In the past year, the shares have traded as low as $20.61 and as high as $26.03. On average, 485300 shares of POR exchange hands on a given day and today's volume is recorded at 306329.
Shares of Cheniere Energy, Inc (LNG) fell by 1.08% or $-0.17/share to $15.56. In the past year, the shares have traded as low as $3.17 and as high as $18.92. On average, 6080430 shares of LNG exchange hands on a given day and today's volume is recorded at 3489822.
