Upward wedge patterns have been noticed on June 29 for the stocks Cleco Corporation, Avalonbay Communities Inc, BlackRock Income Trust, Inc, Cirrus Logic Inc, 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 Cleco Corporation (CNL) traded higher by 0.72% or $0.30/share to $41.89. In the past year, the shares have traded as low as $29.34 and as high as $42.45. On average, 418180 shares of CNL exchange hands on a given day and today's volume is recorded at 210062.
Shares of Avalonbay Communities Inc (AVB) traded higher by 2.40% or $3.31/share to $141.32. In the past year, the shares have traded as low as $105.32 and as high as $148.34. On average, 647550 shares of AVB exchange hands on a given day and today's volume is recorded at 247465.
Shares of BlackRock Income Trust, Inc (BKT) fell by 0.02% or $-0.00/share to $7.59. In the past year, the shares have traded as low as $6.54 and as high as $7.60. On average, 138890 shares of BKT exchange hands on a given day and today's volume is recorded at 74693.
Shares of Cirrus Logic Inc (CRUS) traded higher by 4.64% or $1.32/share to $29.78. In the past year, the shares have traded as low as $12.52 and as high as $31.23. On average, 2617510 shares of CRUS exchange hands on a given day and today's volume is recorded at 2229588.
Shares of Dr Pepper Snapple Group, Inc (DPS) traded higher by 0.53% or $0.23/share to $43.7. In the past year, the shares have traded as low as $33.23 and as high as $43.49. On average, 2301430 shares of DPS exchange hands on a given day and today's volume is recorded at 1084094.
