Upward wedge patterns have been noticed on July 1 for the stocks Universal Forest Products Inc, Cato Corp, Alliant Energy Corporation, Lumber Liquidators Holdings, Inc, and Henry Schein, 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 Universal Forest Products Inc (UFPI) traded higher by 0.72% or $0.28/share to $38.98. In the past year, the shares have traded as low as $22.61 and as high as $39.04. On average, 112270 shares of UFPI exchange hands on a given day and today's volume is recorded at 119620.
Shares of Cato Corp (CATO) traded higher by 4.24% or $1.24/share to $30.46. In the past year, the shares have traded as low as $21.04 and as high as $30.60. On average, 141960 shares of CATO exchange hands on a given day and today's volume is recorded at 143636.
Shares of Alliant Energy Corporation (LNT) traded higher by 0.60% or $0.27/share to $45.57. In the past year, the shares have traded as low as $32.88 and as high as $46.00. On average, 690190 shares of LNT exchange hands on a given day and today's volume is recorded at 429314.
Shares of Lumber Liquidators Holdings, Inc (LL) traded higher by 4.45% or $1.44/share to $33.79. In the past year, the shares have traded as low as $13.43 and as high as $33.69. On average, 640410 shares of LL exchange hands on a given day and today's volume is recorded at 562050.
Shares of Henry Schein, Inc (HSIC) traded higher by 1.11% or $0.86/share to $78.49. In the past year, the shares have traded as low as $58.50 and as high as $80.38. On average, 530150 shares of HSIC exchange hands on a given day and today's volume is recorded at 522943.
