Upward wedge patterns have been noticed on June 8 for the stocks TW Telecom Inc, NetEase.com, Inc, MFA Financial, Inc, SCBT Financial Corp, and American Capital, Ltd. 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 TW Telecom Inc (TWTC) traded higher by 1.04% or $0.25/share to $24.33. In the past year, the shares have traded as low as $15.42 and as high as $24.21. On average, 1074890 shares of TWTC exchange hands on a given day and today's volume is recorded at 1081411.
Shares of NetEase.com, Inc (NTES) fell by 1.95% or $-1.24/share to $62.37. In the past year, the shares have traded as low as $35.74 and as high as $65.54. On average, 727270 shares of NTES exchange hands on a given day and today's volume is recorded at 339220.
Shares of MFA Financial, Inc (MFA) traded higher by 0.79% or $0.06/share to $7.68. In the past year, the shares have traded as low as $5.60 and as high as $7.83. On average, 3243820 shares of MFA exchange hands on a given day and today's volume is recorded at 2233204.
Shares of SCBT Financial Corp (SCBT) traded higher by 1.91% or $0.66/share to $35.28. In the past year, the shares have traded as low as $23.63 and as high as $34.97. On average, 36290 shares of SCBT exchange hands on a given day and today's volume is recorded at 64516.
Shares of American Capital, Ltd (ACAS) traded higher by 0.78% or $0.07/share to $9.09. 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 2050729.
