Upward wedge patterns have been noticed on July 16 for the stocks Service Corp. International, SCBT Financial Corp, Ariad Pharmaceuticals Inc, Berkshire Hathaway Inc, and AFC Enterprises 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 Service Corp. International (SCI) traded higher by 1.33% or $0.17/share to $12.95. In the past year, the shares have traded as low as $8.21 and as high as $12.79. On average, 687740 shares of SCI exchange hands on a given day and today's volume is recorded at 760407.
Shares of SCBT Financial Corp (SCBT) fell by 0.17% or $-0.06/share to $35.92. In the past year, the shares have traded as low as $23.63 and as high as $36.15. On average, 46010 shares of SCBT exchange hands on a given day and today's volume is recorded at 27379.
Shares of Ariad Pharmaceuticals Inc (ARIA) traded higher by 1.32% or $0.23/share to $17.71. In the past year, the shares have traded as low as $7.55 and as high as $18.33. On average, 3305620 shares of ARIA exchange hands on a given day and today's volume is recorded at 975317.
Shares of Berkshire Hathaway Inc (BRK-A) fell by 0.54% or $-683.75/share to $125937.0. In the past year, the shares have traded as low as $98952.62 and as high as $126671.70. On average, 55320 shares of BRK-A exchange hands on a given day and today's volume is recorded at 495.
Shares of AFC Enterprises Inc (AFCE) fell by 0.74% or $-0.17/share to $23.43. In the past year, the shares have traded as low as $11.57 and as high as $24.49. On average, 103260 shares of AFCE exchange hands on a given day and today's volume is recorded at 124011.
