Upward wedge patterns have been noticed on May 6 for the stocks First Industrial Realty Trust Inc, Realty Income Corp, iShares Dow Jones U.S. Index, ITC Holdings Corp, and iShares Russell Midcap Value 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 First Industrial Realty Trust Inc (FR) fell by 2.00% or $-0.25/share to $12.24. In the past year, the shares have traded as low as $7.15 and as high as $12.76. On average, 621320 shares of FR exchange hands on a given day and today's volume is recorded at 475568.
Shares of Realty Income Corp (O) fell by 0.38% or $-0.15/share to $39.29. In the past year, the shares have traded as low as $26.92 and as high as $39.82. On average, 635460 shares of O exchange hands on a given day and today's volume is recorded at 634960.
Shares of iShares Dow Jones U.S. Index (IYY) fell by 1.42% or $-0.99/share to $68.92. In the past year, the shares have traded as low as $53.02 and as high as $71.49. On average, 61370 shares of IYY exchange hands on a given day and today's volume is recorded at 41178.
Shares of ITC Holdings Corp (ITC) traded higher by 2.84% or $2.04/share to $73.95. In the past year, the shares have traded as low as $63.97 and as high as $81.52. On average, 363920 shares of ITC exchange hands on a given day and today's volume is recorded at 2080839.
Shares of iShares Russell Midcap Value Index (IWS) fell by 1.29% or $-0.61/share to $46.95. In the past year, the shares have traded as low as $35.83 and as high as $48.69. On average, 661780 shares of IWS exchange hands on a given day and today's volume is recorded at 337822.
