Upward wedge patterns have been noticed on June 4 for the stocks DCT Industrial Trust Inc, SPDR Dow Jones REIT, SCBT Financial Corp, Brown & Brown Inc, and Pimco Income Opportunity Fund C. 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 DCT Industrial Trust Inc (DCT) fell by 0.54% or $-0.03/share to $5.54. In the past year, the shares have traded as low as $3.78 and as high as $6.12. On average, 3084280 shares of DCT exchange hands on a given day and today's volume is recorded at 1467754.
Shares of SPDR Dow Jones REIT (RWR) fell by 0.85% or $-0.58/share to $67.28. In the past year, the shares have traded as low as $51.48 and as high as $74.30. On average, 233390 shares of RWR exchange hands on a given day and today's volume is recorded at 209880.
Shares of SCBT Financial Corp (SCBT) traded higher by 1.48% or $0.49/share to $33.55. In the past year, the shares have traded as low as $23.63 and as high as $34.70. On average, 35460 shares of SCBT exchange hands on a given day and today's volume is recorded at 24706.
Shares of Brown & Brown Inc (BRO) fell by 1.58% or $-0.40/share to $24.97. In the past year, the shares have traded as low as $16.59 and as high as $27.23. On average, 912570 shares of BRO exchange hands on a given day and today's volume is recorded at 1044346.
Shares of Pimco Income Opportunity Fund C (PKO) fell by 0.08% or $-0.02/share to $25.97. In the past year, the shares have traded as low as $22.25 and as high as $26.88. On average, 47140 shares of PKO exchange hands on a given day and today's volume is recorded at 45278.
