Upward wedge patterns have been noticed on May 3 for the stocks Dime Community Bancshares Inc, Kulicke & Soffa Industries Inc, iShares Russell 3000 Index, ProShares Ultra S&P500, and Con-way 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 Dime Community Bancshares Inc (DCOM) fell by 1.77% or $-0.24/share to $13.33. In the past year, the shares have traded as low as $9.40 and as high as $15.01. On average, 99930 shares of DCOM exchange hands on a given day and today's volume is recorded at 61203.
Shares of Kulicke & Soffa Industries Inc (KLIC) fell by 3.77% or $-0.49/share to $12.38. In the past year, the shares have traded as low as $6.71 and as high as $13.70. On average, 806270 shares of KLIC exchange hands on a given day and today's volume is recorded at 763649.
Shares of iShares Russell 3000 Index (IWV) fell by 0.78% or $-0.65/share to $82.4. In the past year, the shares have traded as low as $62.44 and as high as $84.22. On average, 218760 shares of IWV exchange hands on a given day and today's volume is recorded at 60830.
Shares of ProShares Ultra S&P500 (SSO) fell by 1.30% or $-0.75/share to $57.07. In the past year, the shares have traded as low as $34.09 and as high as $59.56. On average, 7452040 shares of SSO exchange hands on a given day and today's volume is recorded at 6487484.
Shares of Con-way Inc (CNW) fell by 2.89% or $-1.07/share to $35.93. In the past year, the shares have traded as low as $20.42 and as high as $41.91. On average, 758680 shares of CNW exchange hands on a given day and today's volume is recorded at 1530811.
