Upward wedge patterns have been noticed on May 15 for the stocks iShares Russell 3000 Value Index, Education Realty Trust Inc, The Madison Square Garden Company, Worthington Industries, Inc, and First Industrial Realty Trust 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 iShares Russell 3000 Value Index (IWW) fell by 0.65% or $-0.57/share to $86.72. In the past year, the shares have traded as low as $68.91 and as high as $92.68. On average, 18160 shares of IWW exchange hands on a given day and today's volume is recorded at 7642.
Shares of Education Realty Trust Inc (EDR) fell by 0.45% or $-0.05/share to $11.18. In the past year, the shares have traded as low as $7.02 and as high as $11.55. On average, 594490 shares of EDR exchange hands on a given day and today's volume is recorded at 551857.
Shares of The Madison Square Garden Company (MSG) fell by 0.08% or $-0.03/share to $38.33. In the past year, the shares have traded as low as $21.12 and as high as $38.90. On average, 372270 shares of MSG exchange hands on a given day and today's volume is recorded at 268884.
Shares of Worthington Industries, Inc (WOR) fell by 1.82% or $-0.32/share to $17.26. In the past year, the shares have traded as low as $12.65 and as high as $23.22. On average, 618920 shares of WOR exchange hands on a given day and today's volume is recorded at 541078.
Shares of First Industrial Realty Trust Inc (FR) fell by 0.74% or $-0.09/share to $11.76. In the past year, the shares have traded as low as $7.15 and as high as $12.76. On average, 601330 shares of FR exchange hands on a given day and today's volume is recorded at 290622.
