Upward wedge patterns have been noticed on May 11 for the stocks ProShares Ultra S&P500, TAL Education Group, Tetra Tech Inc, Vanguard Consumer Discretionary ETF, and iShares Dow Jones US Real Estate. 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 ProShares Ultra S&P500 (SSO) fell by 0.18% or $-0.10/share to $54.15. In the past year, the shares have traded as low as $34.09 and as high as $59.56. On average, 7502640 shares of SSO exchange hands on a given day and today's volume is recorded at 5006780.
Shares of TAL Education Group (XRS) fell by 1.87% or $-0.20/share to $10.5. In the past year, the shares have traded as low as $8.41 and as high as $13.75. On average, 53950 shares of XRS exchange hands on a given day and today's volume is recorded at 26082.
Shares of Tetra Tech Inc (TTEK) fell by 0.63% or $-0.17/share to $26.89. In the past year, the shares have traded as low as $17.31 and as high as $28.00. On average, 387450 shares of TTEK exchange hands on a given day and today's volume is recorded at 129576.
Shares of Vanguard Consumer Discretionary ETF (VCR) traded higher by 0.14% or $0.10/share to $70.62. In the past year, the shares have traded as low as $51.74 and as high as $73.72. On average, 59810 shares of VCR exchange hands on a given day and today's volume is recorded at 52238.
Shares of iShares Dow Jones US Real Estate (IYR) traded higher by 0.40% or $0.25/share to $64.0. In the past year, the shares have traded as low as $45.81 and as high as $64.86. On average, 5910610 shares of IYR exchange hands on a given day and today's volume is recorded at 4431913.
