Upward wedge patterns have been noticed on May 31 for the stocks Pimco Income Opportunity Fund C, SPDR Dow Jones REIT, SCBT Financial Corp, Sovran Self Storage Inc, and Coca-Cola Enterprises 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 Pimco Income Opportunity Fund C (PKO) traded higher by 0.27% or $0.07/share to $26.32. In the past year, the shares have traded as low as $22.25 and as high as $26.88. On average, 47160 shares of PKO exchange hands on a given day and today's volume is recorded at 13496.
Shares of SPDR Dow Jones REIT (RWR) traded higher by 0.55% or $0.38/share to $69.56. In the past year, the shares have traded as low as $51.48 and as high as $74.30. On average, 233470 shares of RWR exchange hands on a given day and today's volume is recorded at 146259.
Shares of SCBT Financial Corp (SCBT) fell by 0.18% or $-0.06/share to $33.57. In the past year, the shares have traded as low as $23.63 and as high as $34.70. On average, 33580 shares of SCBT exchange hands on a given day and today's volume is recorded at 5391.
Shares of Sovran Self Storage Inc (SSS) traded higher by 0.61% or $0.30/share to $49.12. In the past year, the shares have traded as low as $32.36 and as high as $53.73. On average, 144220 shares of SSS exchange hands on a given day and today's volume is recorded at 55689.
Shares of Coca-Cola Enterprises Inc (CCE) fell by 0.76% or $-0.21/share to $27.3. In the past year, the shares have traded as low as $22.77 and as high as $30.73. On average, 2858390 shares of CCE exchange hands on a given day and today's volume is recorded at 1875597.
