Upward wedge patterns have been noticed on May 9 for the stocks iShares Russell 1000 Growth Index, SPDR S&P 500, Stepan Company, iShares Russell 3000 Growth Index, and Tetra Tech 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 1000 Growth Index (IWF) fell by 0.45% or $-0.29/share to $63.86. In the past year, the shares have traded as low as $49.61 and as high as $66.84. On average, 2120180 shares of IWF exchange hands on a given day and today's volume is recorded at 2175422.
Shares of SPDR S&P 500 (SPY) fell by 0.59% or $-0.81/share to $135.75. In the past year, the shares have traded as low as $106.28 and as high as $142.21. On average, 146834880 shares of SPY exchange hands on a given day and today's volume is recorded at 169505056.
Shares of Stepan Company (SCL) fell by 0.56% or $-0.51/share to $91.11. In the past year, the shares have traded as low as $61.98 and as high as $93.43. On average, 30850 shares of SCL exchange hands on a given day and today's volume is recorded at 17528.
Shares of iShares Russell 3000 Growth Index (IWZ) fell by 0.48% or $-0.25/share to $51.98. In the past year, the shares have traded as low as $40.33 and as high as $54.44. On average, 30120 shares of IWZ exchange hands on a given day and today's volume is recorded at 20940.
Shares of Tetra Tech Inc (TTEK) fell by 0.68% or $-0.18/share to $26.45. In the past year, the shares have traded as low as $17.31 and as high as $28.00. On average, 382750 shares of TTEK exchange hands on a given day and today's volume is recorded at 366206.
