Upward wedge patterns have been noticed on August 24 for the stocks FelCor Lodging Trust Inc, iShares Russell 1000 Growth Index, Textainer Group Holdings Limited, Dreyfus Strategic Municipal Bond Fund Inc, and Ariad Pharmaceuticals 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 FelCor Lodging Trust Inc (FCH) traded higher by 0.42% or $0.02/share to $4.77. In the past year, the shares have traded as low as $1.91 and as high as $5.17. On average, 612450 shares of FCH exchange hands on a given day and today's volume is recorded at 355989.
Shares of iShares Russell 1000 Growth Index (IWF) traded higher by 0.69% or $0.45/share to $65.87. In the past year, the shares have traded as low as $49.42 and as high as $66.60. On average, 2109460 shares of IWF exchange hands on a given day and today's volume is recorded at 1924048.
Shares of Textainer Group Holdings Limited (TGH) fell by 0.03% or $-0.01/share to $37.58. In the past year, the shares have traded as low as $18.66 and as high as $38.91. On average, 104690 shares of TGH exchange hands on a given day and today's volume is recorded at 96640.
Shares of Dreyfus Strategic Municipal Bond Fund Inc (DSM) remained unchanged at $9.27. In the past year, the shares have traded as low as $7.42 and as high as $9.46. On average, 90940 shares of DSM exchange hands on a given day and today's volume is recorded at 67218.
Shares of Ariad Pharmaceuticals Inc (ARIA) traded higher by 0.94% or $0.19/share to $20.36. In the past year, the shares have traded as low as $7.72 and as high as $20.21. On average, 2556490 shares of ARIA exchange hands on a given day and today's volume is recorded at 1370576.
