Upward wedge patterns have been noticed on May 14 for the stocks Vanguard Consumer Discretionary ETF, iShares Dow Jones US Real Estate, Metals USA Holdings Corp, iShares MSCI South Korea Index, and iShares Russell 1000 Growth 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 Vanguard Consumer Discretionary ETF (VCR) fell by 0.80% or $-0.56/share to $69.92. In the past year, the shares have traded as low as $51.75 and as high as $73.72. On average, 59700 shares of VCR exchange hands on a given day and today's volume is recorded at 50805.
Shares of iShares Dow Jones US Real Estate (IYR) fell by 0.75% or $-0.48/share to $63.54. In the past year, the shares have traded as low as $45.81 and as high as $64.87. On average, 5905710 shares of IYR exchange hands on a given day and today's volume is recorded at 4775084.
Shares of Metals USA Holdings Corp (MUSA) traded higher by 0.19% or $0.03/share to $15.51. In the past year, the shares have traded as low as $7.77 and as high as $16.68. On average, 140740 shares of MUSA exchange hands on a given day and today's volume is recorded at 417553.
Shares of iShares MSCI South Korea Index (EWY) fell by 1.05% or $-0.59/share to $55.62. In the past year, the shares have traded as low as $44.34 and as high as $67.52. On average, 2273050 shares of EWY exchange hands on a given day and today's volume is recorded at 1515074.
Shares of iShares Russell 1000 Growth Index (IWF) fell by 0.53% or $-0.34/share to $63.47. In the past year, the shares have traded as low as $49.61 and as high as $66.84. On average, 2118030 shares of IWF exchange hands on a given day and today's volume is recorded at 1211285.
