Upward wedge patterns have been noticed on May 11 for the stocks Teledyne Technologies Inc, iShares Russell 3000 Index, GlaxoSmithKline plc, Realty Income Corp, and Thermon Group Holdings, 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 0.31% or $-0.19/share to $61.07. In the past year, the shares have traded as low as $43.82 and as high as $66.29. On average, 164560 shares of TDY exchange hands on a given day and today's volume is recorded at 60213.
Shares of iShares Russell 3000 Index (IWV) fell by 0.09% or $-0.07/share to $80.41. In the past year, the shares have traded as low as $62.44 and as high as $84.23. On average, 225050 shares of IWV exchange hands on a given day and today's volume is recorded at 68026.
Shares of GlaxoSmithKline plc (GSK) traded higher by 0.35% or $0.16/share to $45.66. In the past year, the shares have traded as low as $37.14 and as high as $46.92. On average, 2198150 shares of GSK exchange hands on a given day and today's volume is recorded at 1262627.
Shares of Realty Income Corp (O) traded higher by 1.04% or $0.41/share to $39.72. In the past year, the shares have traded as low as $26.92 and as high as $39.82. On average, 640000 shares of O exchange hands on a given day and today's volume is recorded at 396716.
Shares of Thermon Group Holdings, Inc (THR) fell by 1.68% or $-0.36/share to $21.04. In the past year, the shares have traded as low as $11.05 and as high as $23.17. On average, 113790 shares of THR exchange hands on a given day and today's volume is recorded at 74166.
