These stocks, BlackRock Limited Duration Income Trust, General Cable Corp, City National Corp, Masco Corporation, and The Ensign Group, Inc, have been showing upward channel patterns on March 25. This pattern is short-term bullish as the stock rises within the ascending channel, but these patterns form long downtrends as a continuation pattern. The stock displays an upward tilt and is controlled by two parallel lines. The lower line connects two consecutive higher lows. The higher line connects to consecutive higher highs. As the price hits the lower line, it bounces up to the higher line which acts as a resistance line. Investors may want to consider investing when the price hits the lower line for short-term bounce plays.
Shares of BlackRock Limited Duration Income Trust (BLW) traded higher by 1.17% or $0.20/share to $17.35. In the past year, the shares have traded as low as $13.53 and as high as $17.31. On average, 162180 shares of BLW exchange hands on a given day and today's volume is recorded at 301316.
Shares of General Cable Corp (BGC) traded higher by 0.95% or $0.27/share to $28.63. In the past year, the shares have traded as low as $20.21 and as high as $49.32. On average, 803050 shares of BGC exchange hands on a given day and today's volume is recorded at 666583.
Shares of City National Corp (CYN) traded higher by 0.94% or $0.50/share to $53.76. In the past year, the shares have traded as low as $34.73 and as high as $58.07. On average, 469430 shares of CYN exchange hands on a given day and today's volume is recorded at 514745.
Shares of Masco Corporation (MAS) fell by 1.16% or $-0.16/share to $13.58. In the past year, the shares have traded as low as $6.49 and as high as $14.35. On average, 6783530 shares of MAS exchange hands on a given day and today's volume is recorded at 6981942.
Shares of The Ensign Group, Inc (ENSG) traded higher by 1.65% or $0.44/share to $27.15. In the past year, the shares have traded as low as $19.52 and as high as $34.63. On average, 64900 shares of ENSG exchange hands on a given day and today's volume is recorded at 39275.
