Upward wedge patterns have been noticed on May 16 for the stocks RPM International Inc, DCT Industrial Trust Inc, Worthington Industries, Inc, Penn National Gaming 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 RPM International Inc (RPM) traded higher by 0.52% or $0.14/share to $26.21. In the past year, the shares have traded as low as $16.73 and as high as $27.47. On average, 737010 shares of RPM exchange hands on a given day and today's volume is recorded at 448145.
Shares of DCT Industrial Trust Inc (DCT) traded higher by 0.34% or $0.02/share to $5.92. In the past year, the shares have traded as low as $3.78 and as high as $6.12. On average, 3005570 shares of DCT exchange hands on a given day and today's volume is recorded at 2250693.
Shares of Worthington Industries, Inc (WOR) traded higher by 0.05% or $0.01/share to $17.27. In the past year, the shares have traded as low as $12.66 and as high as $23.22. On average, 622500 shares of WOR exchange hands on a given day and today's volume is recorded at 453459.
Shares of Penn National Gaming Inc (PENN) fell by 1.05% or $-0.48/share to $45.42. In the past year, the shares have traded as low as $31.68 and as high as $46.48. On average, 494880 shares of PENN exchange hands on a given day and today's volume is recorded at 332031.
Shares of iShares Russell Midcap Value Index (IWS) fell by 0.38% or $-0.17/share to $45.64. In the past year, the shares have traded as low as $35.83 and as high as $48.69. On average, 646790 shares of IWS exchange hands on a given day and today's volume is recorded at 1956895.
