Upward wedge patterns have been noticed on July 12 for the stocks Aspen Technology, Inc, Stepan Company, American Capital, Ltd, BlackRock Income Trust, 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 Aspen Technology, Inc (AZPN) traded higher by 1.67% or $0.37/share to $22.59. In the past year, the shares have traded as low as $12.61 and as high as $23.83. On average, 595190 shares of AZPN exchange hands on a given day and today's volume is recorded at 352481.
Shares of Stepan Company (SCL) traded higher by 0.81% or $0.75/share to $93.26. In the past year, the shares have traded as low as $63.98 and as high as $94.50. On average, 38130 shares of SCL exchange hands on a given day and today's volume is recorded at 36558.
Shares of American Capital, Ltd (ACAS) fell by 0.91% or $-0.09/share to $9.82. In the past year, the shares have traded as low as $5.98 and as high as $10.30. On average, 3523020 shares of ACAS exchange hands on a given day and today's volume is recorded at 1968371.
Shares of BlackRock Income Trust, Inc (BKT) fell by 0.40% or $-0.03/share to $7.55. In the past year, the shares have traded as low as $6.54 and as high as $7.62. On average, 145590 shares of BKT exchange hands on a given day and today's volume is recorded at 265138.
Shares of Pimco Income Opportunity Fund C (PKO) traded higher by 0.29% or $0.08/share to $27.85. In the past year, the shares have traded as low as $21.94 and as high as $27.91. On average, 45820 shares of PKO exchange hands on a given day and today's volume is recorded at 41328.
