The 3 up-trending stocks that encountered falling markets Friday

Published: March 19 2023, 13:20 GMT+0

The 3 up-trending stocks that encountered falling markets Friday

Oak Street Health, Inc., Gold Fields Limited, Wheaton Precious Metals Corp. and others are enjoying ongoing uptrends…

Leading equity indices in the US declined as Dow Jones closed at 31,862, a 1.19% change. S&P 500 slipped 1.1% and closed at 3,916.64.

What is an uptrend?

An uptrend describes the price movement of a continuously appreciative financial asset over a particular time frame. In an uptrend, each successive peak and trough is higher than the ones found earlier in the trend. The uptrend is therefore composed of higher swing lows and higher swing highs.

Oak Street Health continues a 25 day uptrend; moves 0.25% Friday

After setting a $35.45 – $35.7 range, Oak Street Health, Inc. closed the day broadly flat at $35.64. Oak Street Health moves 0.25% to close at $35.64 Friday. The day's trading volume totalled 1.61 million shares — lower than the 21-day average of 5 million.

Gold Fields continues a 5 day uptrend; soars 6.45% Friday

After setting a $10.93 – $11.69 range, Gold Fields closed the day at $11.55 having risen 6.45%. Gold Fields rose 70 cents to close at $11.55 Friday which makes for a move of 6.45%. Daily trading volume (16 million shares) was higher than the current multiday average of 5.52 million.

Wheaton Precious Metals Corp continues a 4 day uptrend; leaps up 4.43% Friday

After setting a $43.63 – $45.73 range, Wheaton Precious Metals Corp closed the day at $45.3 having risen 4.43%. Wheaton Precious Metals Corp rose $1.92 to close at $45.3 Friday which makes for a move of 4.43%. Daily trading volume (6.84 million shares) increased, making up 279% of the 21-day average (2.45 million).

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