Upward wedge patterns have been noticed on May 7 for the stocks BlackRock Income Trust, Inc, The Madison Square Garden Company, Rydex S&P Midcap 400 Pure Growth, SPDR Dow Jones Industrial Average, and Vanguard Total Stock Market ETF. 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 BlackRock Income Trust, Inc (BKT) traded higher by 0.13% or $0.01/share to $7.5. In the past year, the shares have traded as low as $6.32 and as high as $7.60. On average, 153450 shares of BKT exchange hands on a given day and today's volume is recorded at 90204.
Shares of The Madison Square Garden Company (MSG) traded higher by 1.34% or $0.51/share to $38.45. In the past year, the shares have traded as low as $21.12 and as high as $38.38. On average, 381270 shares of MSG exchange hands on a given day and today's volume is recorded at 300349.
Shares of Rydex S&P Midcap 400 Pure Growth (RFG) fell by 0.02% or $-0.02/share to $87.25. In the past year, the shares have traded as low as $67.94 and as high as $92.60. On average, 49450 shares of RFG exchange hands on a given day and today's volume is recorded at 37367.
Shares of SPDR Dow Jones Industrial Average (DIA) remained unchanged at $130.09. In the past year, the shares have traded as low as $102.39 and as high as $133.14. On average, 6155940 shares of DIA exchange hands on a given day and today's volume is recorded at 3212270.
Shares of Vanguard Total Stock Market ETF (VTI) traded higher by 0.27% or $0.19/share to $70.47. In the past year, the shares have traded as low as $54.04 and as high as $73.06. On average, 1824770 shares of VTI exchange hands on a given day and today's volume is recorded at 808277.
