Upward wedge patterns have been noticed on August 22 for the stocks Nuveen Insured Premium Income Municipal Fund 2, Cott Corporation, Acadia Realty Trust, Union Pacific Corporation, and Spectrum Brands Holdings, 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 Nuveen Insured Premium Income Municipal Fund 2 (NPX) fell by 2.01% or $-0.30/share to $14.61. In the past year, the shares have traded as low as $11.63 and as high as $15.13. On average, 91850 shares of NPX exchange hands on a given day and today's volume is recorded at 108953.
Shares of Cott Corporation (COT) fell by 0.94% or $-0.08/share to $8.4. In the past year, the shares have traded as low as $5.94 and as high as $8.77. On average, 454330 shares of COT exchange hands on a given day and today's volume is recorded at 388872.
Shares of Acadia Realty Trust (AKR) traded higher by 0.37% or $0.09/share to $24.38. In the past year, the shares have traded as low as $16.99 and as high as $24.42. On average, 330450 shares of AKR exchange hands on a given day and today's volume is recorded at 481724.
Shares of Union Pacific Corporation (UNP) fell by 0.02% or $-0.02/share to $124.69. In the past year, the shares have traded as low as $76.42 and as high as $126.91. On average, 2368740 shares of UNP exchange hands on a given day and today's volume is recorded at 1223599.
Shares of Spectrum Brands Holdings, Inc (SPB) fell by 0.51% or $-0.19/share to $37.15. In the past year, the shares have traded as low as $21.95 and as high as $37.93. On average, 181660 shares of SPB exchange hands on a given day and today's volume is recorded at 110544.
