These stocks, Invesco Van Kampen Advantage Municipal Income Trust II, AllianceBernstein National Municipal Income Fund, Inc, BlackRock MuniAssets Fund, Inc, Tesoro Logistics LP, and Nuveen Insured Municipal Opportunity Fund, Inc, have been showing double top patterns on March 24. The double top pattern is found at the highest point of an upward trend. This signals that the upward trend is weakening and that buyers are losing interest. The start of the pattern is a new high during the upward trend and after this peak it faces resistance and is sold off to a level of support. The price then moves back to the resistance level. This sequence happens again and when the stock reaches its support level it will fall below that point, thus starting a downtrend. Investors should pay specific attention to the support and resistance levels, which will help them determine when to buy or sell the stock.
Shares of Invesco Van Kampen Advantage Municipal Income Trust II (VKI) fell by 0.87% or $-0.11/share to $12.59. In the past year, the shares have traded as low as $10.25 and as high as $13.35. On average, 93570 shares of VKI exchange hands on a given day and today's volume is recorded at 107311.
Shares of AllianceBernstein National Municipal Income Fund, Inc (AFB) fell by 0.95% or $-0.14/share to $14.64. In the past year, the shares have traded as low as $12.00 and as high as $15.47. On average, 70570 shares of AFB exchange hands on a given day and today's volume is recorded at 79064.
Shares of BlackRock MuniAssets Fund, Inc (MUA) traded higher by 1.89% or $0.24/share to $12.94. In the past year, the shares have traded as low as $10.52 and as high as $13.21. On average, 92470 shares of MUA exchange hands on a given day and today's volume is recorded at 84194.
Shares of Tesoro Logistics LP (TLLP) traded higher by 0.06% or $0.02/share to $35.72. In the past year, the shares have traded as low as $20.57 and as high as $37.33. On average, 58800 shares of TLLP exchange hands on a given day and today's volume is recorded at 31316.
Shares of Nuveen Insured Municipal Opportunity Fund, Inc (NIO) fell by 0.62% or $-0.09/share to $14.41. In the past year, the shares have traded as low as $12.10 and as high as $15.15. On average, 189020 shares of NIO exchange hands on a given day and today's volume is recorded at 151030.
