These stocks, BlackRock Municipal Income Trust, American Tower Corporation, AmTrust Financial Services, Inc, InnerWorkings Inc, and Blackrock MuniYield California 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 BlackRock Municipal Income Trust (BFK) fell by 0.42% or $-0.06/share to $14.26. In the past year, the shares have traded as low as $11.27 and as high as $15.26. On average, 105530 shares of BFK exchange hands on a given day and today's volume is recorded at 108321.
Shares of American Tower Corporation (AMT) fell by 0.37% or $-0.23/share to $61.75. In the past year, the shares have traded as low as $46.04 and as high as $64.55. On average, 3064620 shares of AMT exchange hands on a given day and today's volume is recorded at 3381825.
Shares of AmTrust Financial Services, Inc (AFSI) traded higher by 0.99% or $0.26/share to $26.57. In the past year, the shares have traded as low as $17.87 and as high as $27.73. On average, 266470 shares of AFSI exchange hands on a given day and today's volume is recorded at 149352.
Shares of InnerWorkings Inc (INWK) traded higher by 0.43% or $0.05/share to $11.58. In the past year, the shares have traded as low as $6.52 and as high as $12.24. On average, 208340 shares of INWK exchange hands on a given day and today's volume is recorded at 98560.
Shares of Blackrock MuniYield California Fund, Inc (MYC) remained unchanged at $15.11. In the past year, the shares have traded as low as $11.80 and as high as $16.15. On average, 48030 shares of MYC exchange hands on a given day and today's volume is recorded at 81950.
