Upward wedge patterns have been noticed on June 11 for the stocks Cleco Corporation, AmTrust Financial Services, Inc, Stepan Company, American Capital, Ltd, and Measurement Specialties 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 Cleco Corporation (CNL) fell by 0.14% or $-0.06/share to $41.43. In the past year, the shares have traded as low as $29.34 and as high as $41.62. On average, 403880 shares of CNL exchange hands on a given day and today's volume is recorded at 117173.
Shares of AmTrust Financial Services, Inc (AFSI) fell by 1.37% or $-0.41/share to $29.49. In the past year, the shares have traded as low as $20.08 and as high as $30.72. On average, 259750 shares of AFSI exchange hands on a given day and today's volume is recorded at 114666.
Shares of Stepan Company (SCL) fell by 0.62% or $-0.58/share to $92.36. In the past year, the shares have traded as low as $61.80 and as high as $94.11. On average, 32910 shares of SCL exchange hands on a given day and today's volume is recorded at 29808.
Shares of American Capital, Ltd (ACAS) remained unchanged at $9.12. In the past year, the shares have traded as low as $5.98 and as high as $10.29. On average, 3421670 shares of ACAS exchange hands on a given day and today's volume is recorded at 1736856.
Shares of Measurement Specialties Inc (MEAS) fell by 0.58% or $-0.19/share to $32.76. In the past year, the shares have traded as low as $23.55 and as high as $37.00. On average, 46000 shares of MEAS exchange hands on a given day and today's volume is recorded at 45414.
