Navigate this market better. Subscribe for FREE stock alerts and information.

Monday, July 16, 2012

Stocks with Upward Wedge Patterns: (AIV), (BKT), (SCL), (AZPN), (NEE)

Upward wedge patterns have been noticed on July 16 for the stocks Apartment Investment & Management Co, BlackRock Income Trust, Inc, Stepan Company, Aspen Technology, Inc, and NextEra Energy, 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 Apartment Investment & Management Co (AIV) traded higher by 0.07% or $0.02/share to $28.05. In the past year, the shares have traded as low as $19.70 and as high as $28.11. On average, 1925010 shares of AIV exchange hands on a given day and today's volume is recorded at 1246854.

Shares of BlackRock Income Trust, Inc (BKT) fell by 0.13% or $-0.01/share to $7.57. In the past year, the shares have traded as low as $6.51 and as high as $7.61. On average, 151680 shares of BKT exchange hands on a given day and today's volume is recorded at 374021.

Shares of Stepan Company (SCL) fell by 1.32% or $-1.26/share to $94.34. In the past year, the shares have traded as low as $63.98 and as high as $96.49. On average, 38130 shares of SCL exchange hands on a given day and today's volume is recorded at 16927.

Shares of Aspen Technology, Inc (AZPN) traded higher by 0.53% or $0.12/share to $22.88. In the past year, the shares have traded as low as $12.61 and as high as $23.83. On average, 601660 shares of AZPN exchange hands on a given day and today's volume is recorded at 360116.

Shares of NextEra Energy, Inc (NEE) traded higher by 0.29% or $0.20/share to $69.53. In the past year, the shares have traded as low as $47.11 and as high as $69.65. On average, 1894500 shares of NEE exchange hands on a given day and today's volume is recorded at 1452318.