Upward wedge patterns have been noticed on June 11 for the stocks Realty Income Corp, Penn National Gaming Inc, Alexander & Baldwin, Inc, Integrys Energy Group, Inc, and SCBT Financial 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 Realty Income Corp (O) fell by 1.25% or $-0.50/share to $39.19. In the past year, the shares have traded as low as $26.82 and as high as $40.03. On average, 654300 shares of O exchange hands on a given day and today's volume is recorded at 563080.
Shares of Penn National Gaming Inc (PENN) fell by 1.01% or $-0.44/share to $43.08. In the past year, the shares have traded as low as $31.68 and as high as $46.48. On average, 541500 shares of PENN exchange hands on a given day and today's volume is recorded at 384362.
Shares of Alexander & Baldwin, Inc (ALEX) fell by 2.74% or $-1.43/share to $50.72. In the past year, the shares have traded as low as $32.48 and as high as $52.79. On average, 285350 shares of ALEX exchange hands on a given day and today's volume is recorded at 159519.
Shares of Integrys Energy Group, Inc (TEG) traded higher by 0.49% or $0.27/share to $55.75. In the past year, the shares have traded as low as $40.56 and as high as $55.48. On average, 464770 shares of TEG exchange hands on a given day and today's volume is recorded at 373309.
Shares of SCBT Financial Corp (SCBT) fell by 1.24% or $-0.44/share to $34.94. In the past year, the shares have traded as low as $23.63 and as high as $35.75. On average, 37340 shares of SCBT exchange hands on a given day and today's volume is recorded at 18530.
