Upward wedge patterns have been noticed on May 7 for the stocks GlaxoSmithKline plc, LaSalle Hotel Properties, CommVault Systems, Inc, Commerce Bancshares, Inc, and iShares Russell Midcap Value Index. 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) traded higher by 1.49% or $0.69/share to $46.76. In the past year, the shares have traded as low as $37.59 and as high as $47.48. On average, 2258890 shares of GSK exchange hands on a given day and today's volume is recorded at 1331059.
Shares of LaSalle Hotel Properties (LHO) fell by 1.36% or $-0.40/share to $29.01. In the past year, the shares have traded as low as $14.96 and as high as $30.46. On average, 783820 shares of LHO exchange hands on a given day and today's volume is recorded at 361409.
Shares of CommVault Systems, Inc (CVLT) fell by 0.82% or $-0.42/share to $51.0. In the past year, the shares have traded as low as $30.97 and as high as $55.42. On average, 437800 shares of CVLT exchange hands on a given day and today's volume is recorded at 253900.
Shares of Commerce Bancshares, Inc (CBSH) traded higher by 0.58% or $0.23/share to $39.93. In the past year, the shares have traded as low as $32.66 and as high as $43.20. On average, 395120 shares of CBSH exchange hands on a given day and today's volume is recorded at 139905.
Shares of iShares Russell Midcap Value Index (IWS) traded higher by 0.17% or $0.08/share to $47.03. In the past year, the shares have traded as low as $35.83 and as high as $48.69. On average, 656640 shares of IWS exchange hands on a given day and today's volume is recorded at 374199.
