Upward wedge patterns have been noticed on August 22 for the stocks Cardinal Financial Corp, Aspen Technology, Inc, Brandywine Realty Trust, iShares S&P 500 Growth Index, and DCT Industrial Trust 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 Cardinal Financial Corp (CFNL) fell by 0.31% or $-0.04/share to $13.01. In the past year, the shares have traded as low as $8.00 and as high as $13.30. On average, 73480 shares of CFNL exchange hands on a given day and today's volume is recorded at 40705.
Shares of Aspen Technology, Inc (AZPN) traded higher by 0.59% or $0.14/share to $23.79. In the past year, the shares have traded as low as $13.10 and as high as $24.11. On average, 503650 shares of AZPN exchange hands on a given day and today's volume is recorded at 1404054.
Shares of Brandywine Realty Trust (BDN) traded higher by 0.33% or $0.04/share to $12.26. In the past year, the shares have traded as low as $6.50 and as high as $12.46. On average, 1560880 shares of BDN exchange hands on a given day and today's volume is recorded at 1440794.
Shares of iShares S&P 500 Growth Index (IVW) traded higher by 0.16% or $0.12/share to $76.84. In the past year, the shares have traded as low as $57.64 and as high as $77.44. On average, 576180 shares of IVW exchange hands on a given day and today's volume is recorded at 593957.
Shares of DCT Industrial Trust Inc (DCT) fell by 0.80% or $-0.05/share to $6.2. In the past year, the shares have traded as low as $3.74 and as high as $6.41. On average, 2645390 shares of DCT exchange hands on a given day and today's volume is recorded at 999430.
