These stocks, Pinnacle West Capital Corporation, Advisory Board Co, Navios Maritime Holdings Inc, BlackRock Limited Duration Income Trust, and Perrigo Co, have been showing upward channel patterns on March 24. 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 Pinnacle West Capital Corporation (PNW) traded higher by 0.34% or $0.16/share to $47.24. In the past year, the shares have traded as low as $36.46 and as high as $48.38. On average, 730310 shares of PNW exchange hands on a given day and today's volume is recorded at 303883.
Shares of Advisory Board Co (ABCO) traded higher by 1.26% or $1.08/share to $86.7. In the past year, the shares have traded as low as $45.41 and as high as $87.56. On average, 113720 shares of ABCO exchange hands on a given day and today's volume is recorded at 60850.
Shares of Navios Maritime Holdings Inc (NM) traded higher by 1.69% or $0.07/share to $4.22. In the past year, the shares have traded as low as $2.75 and as high as $5.65. On average, 471170 shares of NM exchange hands on a given day and today's volume is recorded at 204191.
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 Perrigo Co (PRGO) fell by 0.93% or $-0.96/share to $102.58. In the past year, the shares have traded as low as $72.27 and as high as $108.50. On average, 944190 shares of PRGO exchange hands on a given day and today's volume is recorded at 421193.
