Upward wedge patterns have been noticed on July 19 for the stocks PartnerRe Ltd, Aspen Technology, Inc, AO Smith Corp, Texas Capital BancShares Inc, and Universal Forest Products 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 PartnerRe Ltd (PRE) fell by 0.39% or $-0.29/share to $74.42. In the past year, the shares have traded as low as $48.82 and as high as $76.88. On average, 502450 shares of PRE exchange hands on a given day and today's volume is recorded at 284214.
Shares of Aspen Technology, Inc (AZPN) traded higher by 0.69% or $0.16/share to $23.24. In the past year, the shares have traded as low as $12.61 and as high as $23.83. On average, 601490 shares of AZPN exchange hands on a given day and today's volume is recorded at 315922.
Shares of AO Smith Corp (AOS) fell by 1.40% or $-0.73/share to $51.36. In the past year, the shares have traded as low as $29.47 and as high as $52.78. On average, 459540 shares of AOS exchange hands on a given day and today's volume is recorded at 721076.
Shares of Texas Capital BancShares Inc (TCBI) fell by 1.97% or $-0.84/share to $41.85. In the past year, the shares have traded as low as $21.39 and as high as $43.79. On average, 431650 shares of TCBI exchange hands on a given day and today's volume is recorded at 389098.
Shares of Universal Forest Products Inc (UFPI) traded higher by 0.32% or $0.13/share to $40.44. In the past year, the shares have traded as low as $22.61 and as high as $40.64. On average, 114560 shares of UFPI exchange hands on a given day and today's volume is recorded at 131776.
