Upward wedge patterns have been noticed on July 8 for the stocks American Capital, Ltd, Cleco Corporation, Cracker Barrel Old Country Store, Inc, Brown & Brown Inc, and Southside Bancshares 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 American Capital, Ltd (ACAS) fell by 0.98% or $-0.10/share to $10.07. In the past year, the shares have traded as low as $5.98 and as high as $10.29. On average, 3568950 shares of ACAS exchange hands on a given day and today's volume is recorded at 1869254.
Shares of Cleco Corporation (CNL) fell by 0.33% or $-0.14/share to $42.65. In the past year, the shares have traded as low as $29.34 and as high as $42.98. On average, 411410 shares of CNL exchange hands on a given day and today's volume is recorded at 236744.
Shares of Cracker Barrel Old Country Store, Inc (CBRL) fell by 0.03% or $-0.02/share to $62.76. In the past year, the shares have traded as low as $36.74 and as high as $63.28. On average, 230620 shares of CBRL exchange hands on a given day and today's volume is recorded at 111540.
Shares of Brown & Brown Inc (BRO) fell by 1.30% or $-0.36/share to $27.28. In the past year, the shares have traded as low as $16.59 and as high as $28.17. On average, 940720 shares of BRO exchange hands on a given day and today's volume is recorded at 540027.
Shares of Southside Bancshares Inc (SBSI) traded higher by 0.92% or $0.21/share to $22.92. In the past year, the shares have traded as low as $16.20 and as high as $23.03. On average, 55710 shares of SBSI exchange hands on a given day and today's volume is recorded at 36018.
