Upward wedge patterns have been noticed on July 8 for the stocks Texas Capital BancShares Inc, SemGroup Corporation, Cymer Inc, Lumber Liquidators Holdings, Inc, and MFA Financial, 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 Texas Capital BancShares Inc (TCBI) fell by 0.38% or $-0.16/share to $41.48. In the past year, the shares have traded as low as $21.39 and as high as $42.08. On average, 418600 shares of TCBI exchange hands on a given day and today's volume is recorded at 130461.
Shares of SemGroup Corporation (SEMG) fell by 0.53% or $-0.17/share to $31.8. In the past year, the shares have traded as low as $16.55 and as high as $32.23. On average, 408800 shares of SEMG exchange hands on a given day and today's volume is recorded at 108150.
Shares of Cymer Inc (CYMI) fell by 4.59% or $-2.74/share to $57.02. In the past year, the shares have traded as low as $34.57 and as high as $60.52. On average, 359540 shares of CYMI exchange hands on a given day and today's volume is recorded at 358855.
Shares of Lumber Liquidators Holdings, Inc (LL) fell by 1.16% or $-0.38/share to $32.49. In the past year, the shares have traded as low as $13.43 and as high as $34.56. On average, 671220 shares of LL exchange hands on a given day and today's volume is recorded at 532528.
Shares of MFA Financial, Inc (MFA) traded higher by 0.62% or $0.05/share to $8.13. In the past year, the shares have traded as low as $5.60 and as high as $8.13. On average, 3814680 shares of MFA exchange hands on a given day and today's volume is recorded at 3207824.
