These stocks, SPS Commerce, Inc, Nuveen Municipal Market Opportunity Fund, Inc, Synopsys Inc, Medivation, Inc, and Nuveen Insured Premium Income Municipal Fund 2, 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 SPS Commerce, Inc (SPSC) traded higher by 0.91% or $0.24/share to $26.56. In the past year, the shares have traded as low as $13.65 and as high as $28.10. On average, 53330 shares of SPSC exchange hands on a given day and today's volume is recorded at 67113.
Shares of Nuveen Municipal Market Opportunity Fund, Inc (NMO) traded higher by 0.15% or $0.02/share to $13.76. In the past year, the shares have traded as low as $11.38 and as high as $14.63. On average, 94300 shares of NMO exchange hands on a given day and today's volume is recorded at 63248.
Shares of Synopsys Inc (SNPS) traded higher by 0.77% or $0.23/share to $30.2. In the past year, the shares have traded as low as $21.37 and as high as $30.88. On average, 818540 shares of SNPS exchange hands on a given day and today's volume is recorded at 552653.
Shares of Medivation, Inc (MDVN) fell by 0.19% or $-0.14/share to $73.27. In the past year, the shares have traded as low as $14.32 and as high as $76.65. On average, 791500 shares of MDVN exchange hands on a given day and today's volume is recorded at 326578.
Shares of Nuveen Insured Premium Income Municipal Fund 2 (NPX) traded higher by 0.30% or $0.04/share to $13.5. In the past year, the shares have traded as low as $10.83 and as high as $14.17. On average, 85190 shares of NPX exchange hands on a given day and today's volume is recorded at 34878.
