Upward wedge patterns have been noticed on June 10 for the stocks Avalonbay Communities Inc, Brown & Brown Inc, Middleby Corp, American Capital, Ltd, and Coca-Cola FEMSA S.A.B de C.V. 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 Avalonbay Communities Inc (AVB) traded higher by 1.08% or $1.51/share to $141.66. In the past year, the shares have traded as low as $106.07 and as high as $149.38. On average, 684060 shares of AVB exchange hands on a given day and today's volume is recorded at 596708.
Shares of Brown & Brown Inc (BRO) traded higher by 0.81% or $0.21/share to $25.98. In the past year, the shares have traded as low as $16.59 and as high as $27.23. On average, 920870 shares of BRO exchange hands on a given day and today's volume is recorded at 532026.
Shares of Middleby Corp (MIDD) traded higher by 1.48% or $1.46/share to $99.78. 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 50729.
Shares of American Capital, Ltd (ACAS) traded higher by 1.11% or $0.10/share to $9.12. In the past year, the shares have traded as low as $5.98 and as high as $10.29. On average, 3479640 shares of ACAS exchange hands on a given day and today's volume is recorded at 3015051.
Shares of Coca-Cola FEMSA S.A.B de C.V (KOF) traded higher by 0.79% or $0.93/share to $119.09. In the past year, the shares have traded as low as $81.65 and as high as $121.00. On average, 122510 shares of KOF exchange hands on a given day and today's volume is recorded at 138929.
