Upward wedge patterns have been noticed on June 8 for the stocks iShares Dow Jones US Real Estate, Middleby Corp, Penn National Gaming Inc, Endurance Specialty Holdings Ltd, and Dr Pepper Snapple Group, 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 Dow Jones US Real Estate (IYR) traded higher by 0.86% or $0.53/share to $61.94. In the past year, the shares have traded as low as $45.81 and as high as $64.87. On average, 6666460 shares of IYR exchange hands on a given day and today's volume is recorded at 3139154.
Shares of Middleby Corp (MIDD) traded higher by 1.80% or $1.77/share to $100.09. In the past year, the shares have traded as low as $65.39 and as high as $104.82. On average, 109900 shares of MIDD exchange hands on a given day and today's volume is recorded at 29293.
Shares of Penn National Gaming Inc (PENN) traded higher by 0.48% or $0.21/share to $43.51. In the past year, the shares have traded as low as $31.68 and as high as $46.48. On average, 536290 shares of PENN exchange hands on a given day and today's volume is recorded at 235151.
Shares of Endurance Specialty Holdings Ltd (ENH) fell by 1.09% or $-0.43/share to $38.98. In the past year, the shares have traded as low as $31.16 and as high as $41.99. On average, 283140 shares of ENH exchange hands on a given day and today's volume is recorded at 121446.
Shares of Dr Pepper Snapple Group, Inc (DPS) traded higher by 1.39% or $0.58/share to $42.44. In the past year, the shares have traded as low as $33.50 and as high as $42.14. On average, 2284470 shares of DPS exchange hands on a given day and today's volume is recorded at 1234392.
