Upward wedge patterns have been noticed on July 27 for the stocks Blackrock MuniYield California Insured Fund, Inc, American Capital, Ltd, Nuveen California Select Quality Municipal Fund, Inc, Ariad Pharmaceuticals Inc, and BlackRock MuniHoldings California Insured Fund, 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 Blackrock MuniYield California Insured Fund, Inc (MCA) traded higher by 1.03% or $0.17/share to $16.47. In the past year, the shares have traded as low as $11.86 and as high as $16.33. On average, 76600 shares of MCA exchange hands on a given day and today's volume is recorded at 141011.
Shares of American Capital, Ltd (ACAS) traded higher by 0.82% or $0.08/share to $9.88. In the past year, the shares have traded as low as $5.98 and as high as $10.30. On average, 3314460 shares of ACAS exchange hands on a given day and today's volume is recorded at 2993527.
Shares of Nuveen California Select Quality Municipal Fund, Inc (NVC) traded higher by 0.08% or $0.01/share to $16.65. In the past year, the shares have traded as low as $11.91 and as high as $16.64. On average, 34890 shares of NVC exchange hands on a given day and today's volume is recorded at 36492.
Shares of Ariad Pharmaceuticals Inc (ARIA) traded higher by 6.23% or $1.11/share to $18.92. In the past year, the shares have traded as low as $7.55 and as high as $18.39. On average, 3066710 shares of ARIA exchange hands on a given day and today's volume is recorded at 2526903.
Shares of BlackRock MuniHoldings California Insured Fund, Inc (MUC) remained unchanged at $16.36. In the past year, the shares have traded as low as $12.07 and as high as $16.37. On average, 83580 shares of MUC exchange hands on a given day and today's volume is recorded at 100996.
