Upward wedge patterns have been noticed on June 20 for the stocks Ariad Pharmaceuticals Inc, American Capital, Ltd, Pimco Income Opportunity Fund C, iShares Dow Jones US Real Estate, and Realty Income Corp. 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 Ariad Pharmaceuticals Inc (ARIA) fell by 0.69% or $-0.12/share to $17.34. In the past year, the shares have traded as low as $7.55 and as high as $18.10. On average, 3406660 shares of ARIA exchange hands on a given day and today's volume is recorded at 1464914.
Shares of American Capital, Ltd (ACAS) traded higher by 0.37% or $0.04/share to $9.59. In the past year, the shares have traded as low as $5.98 and as high as $10.30. On average, 3392530 shares of ACAS exchange hands on a given day and today's volume is recorded at 1033986.
Shares of Pimco Income Opportunity Fund C (PKO) fell by 0.42% or $-0.11/share to $26.27. In the past year, the shares have traded as low as $22.09 and as high as $26.69. On average, 46000 shares of PKO exchange hands on a given day and today's volume is recorded at 59633.
Shares of iShares Dow Jones US Real Estate (IYR) fell by 0.16% or $-0.10/share to $62.59. In the past year, the shares have traded as low as $45.81 and as high as $64.87. On average, 6716300 shares of IYR exchange hands on a given day and today's volume is recorded at 5039484.
Shares of Realty Income Corp (O) fell by 0.42% or $-0.17/share to $40.3. In the past year, the shares have traded as low as $26.82 and as high as $40.68. On average, 665490 shares of O exchange hands on a given day and today's volume is recorded at 621970.
