Upward wedge patterns have been noticed on May 10 for the stocks Kulicke & Soffa Industries Inc, Metals USA Holdings Corp, PowerShares FTSE RAFI US 1000, iShares Russell 3000 Index, and Tetra Tech 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 Kulicke & Soffa Industries Inc (KLIC) traded higher by 0.90% or $0.11/share to $11.81. In the past year, the shares have traded as low as $6.71 and as high as $13.70. On average, 822490 shares of KLIC exchange hands on a given day and today's volume is recorded at 408975.
Shares of Metals USA Holdings Corp (MUSA) traded higher by 1.23% or $0.19/share to $15.51. In the past year, the shares have traded as low as $7.77 and as high as $16.68. On average, 144020 shares of MUSA exchange hands on a given day and today's volume is recorded at 115535.
Shares of PowerShares FTSE RAFI US 1000 (PRF) traded higher by 0.53% or $0.31/share to $58.27. In the past year, the shares have traded as low as $45.77 and as high as $61.30. On average, 96520 shares of PRF exchange hands on a given day and today's volume is recorded at 47193.
Shares of iShares Russell 3000 Index (IWV) traded higher by 0.47% or $0.38/share to $80.69. In the past year, the shares have traded as low as $62.44 and as high as $84.22. On average, 224640 shares of IWV exchange hands on a given day and today's volume is recorded at 140986.
Shares of Tetra Tech Inc (TTEK) traded higher by 2.96% or $0.78/share to $27.12. In the past year, the shares have traded as low as $17.31 and as high as $28.00. On average, 384280 shares of TTEK exchange hands on a given day and today's volume is recorded at 295761.
