Upward wedge patterns have been noticed on September 3 for the stocks iShares S&P 500 Growth Index, First Industrial Realty Trust Inc, BlackRock Insured Municipal Income Trust, Eaton Vance Enhanced Equity Income Fund, and Validus Holdings, Ltd. 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 iShares S&P 500 Growth Index (IVW) traded higher by 0.49% or $0.37/share to $76.58. In the past year, the shares have traded as low as $57.64 and as high as $77.44. On average, 562380 shares of IVW exchange hands on a given day and today's volume is recorded at 399359.
Shares of First Industrial Realty Trust Inc (FR) remained unchanged at $12.9. In the past year, the shares have traded as low as $7.15 and as high as $13.11. On average, 643860 shares of FR exchange hands on a given day and today's volume is recorded at 753660.
Shares of BlackRock Insured Municipal Income Trust (BYM) fell by 0.42% or $-0.07/share to $16.73. In the past year, the shares have traded as low as $12.95 and as high as $17.02. On average, 59280 shares of BYM exchange hands on a given day and today's volume is recorded at 30092.
Shares of Eaton Vance Enhanced Equity Income Fund (EOI) traded higher by 0.83% or $0.09/share to $10.9. In the past year, the shares have traded as low as $8.30 and as high as $10.96. On average, 116320 shares of EOI exchange hands on a given day and today's volume is recorded at 145144.
Shares of Validus Holdings, Ltd (VR) traded higher by 0.75% or $0.25/share to $33.51. In the past year, the shares have traded as low as $22.68 and as high as $33.78. On average, 771750 shares of VR exchange hands on a given day and today's volume is recorded at 1102178.
