Upward wedge patterns have been noticed on July 8 for the stocks Universal Forest Products Inc, Pimco Income Opportunity Fund C, Cirrus Logic Inc, Berkshire Hathaway Inc, and Amgen 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 Universal Forest Products Inc (UFPI) fell by 0.48% or $-0.19/share to $38.99. In the past year, the shares have traded as low as $22.61 and as high as $39.69. On average, 113270 shares of UFPI exchange hands on a given day and today's volume is recorded at 42320.
Shares of Pimco Income Opportunity Fund C (PKO) traded higher by 0.55% or $0.15/share to $27.42. In the past year, the shares have traded as low as $22.09 and as high as $27.43. On average, 45920 shares of PKO exchange hands on a given day and today's volume is recorded at 34373.
Shares of Cirrus Logic Inc (CRUS) fell by 2.90% or $-0.85/share to $28.5. In the past year, the shares have traded as low as $12.52 and as high as $31.23. On average, 2717580 shares of CRUS exchange hands on a given day and today's volume is recorded at 1739021.
Shares of Berkshire Hathaway Inc (BRK-A) fell by 0.73% or $-911.10/share to $123897.57. In the past year, the shares have traded as low as $98951.82 and as high as $125720.52. On average, 54900 shares of BRK-A exchange hands on a given day and today's volume is recorded at 372.
Shares of Amgen Inc (AMGN) fell by 0.65% or $-0.48/share to $73.85. In the past year, the shares have traded as low as $47.16 and as high as $75.17. On average, 4427550 shares of AMGN exchange hands on a given day and today's volume is recorded at 3088123.
