Upward wedge patterns have been noticed on June 5 for the stocks TAL Education Group, SPDR Dow Jones REIT, Pimco Income Opportunity Fund C, Redwood Trust Inc, and Dunkin' Brands 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 TAL Education Group (XRS) traded higher by 0.66% or $0.07/share to $10.64. In the past year, the shares have traded as low as $8.41 and as high as $13.75. On average, 27140 shares of XRS exchange hands on a given day and today's volume is recorded at 2332.
Shares of SPDR Dow Jones REIT (RWR) traded higher by 1.97% or $1.33/share to $68.71. In the past year, the shares have traded as low as $51.48 and as high as $74.30. On average, 235070 shares of RWR exchange hands on a given day and today's volume is recorded at 145762.
Shares of Pimco Income Opportunity Fund C (PKO) fell by 0.38% or $-0.10/share to $25.99. In the past year, the shares have traded as low as $22.25 and as high as $26.88. On average, 46200 shares of PKO exchange hands on a given day and today's volume is recorded at 42901.
Shares of Redwood Trust Inc (RWT) traded higher by 2.10% or $0.25/share to $12.15. In the past year, the shares have traded as low as $9.31 and as high as $14.42. On average, 477550 shares of RWT exchange hands on a given day and today's volume is recorded at 322708.
Shares of Dunkin' Brands Group, Inc (DNKN) traded higher by 1.04% or $0.33/share to $32.08. In the past year, the shares have traded as low as $23.02 and as high as $33.81. On average, 1322620 shares of DNKN exchange hands on a given day and today's volume is recorded at 537108.
