Downward wedge patterns have been noticed on June 20 for the stocks Teekay Tankers Ltd, Johnson Controls Inc, Tesoro Corporation, Weyerhaeuser Co, and Westamerica Bancorp. The price range of these stocks is getting more narrow as the downward trend continues, thus signally the trend is losing steam. This sends a bullish signal to investors as the downward trend is ending.
Shares of Teekay Tankers Ltd (TNK) traded higher by 1.32% or $0.12/share to $9.19. In the past year, the shares have traded as low as $8.42 and as high as $12.67. On average, 569410 shares of TNK exchange hands on a given day and today's volume is recorded at 412589.
Shares of Johnson Controls Inc (JCI) traded higher by 0.78% or $0.29/share to $37.4. In the past year, the shares have traded as low as $25.63 and as high as $42.35. On average, 4610370 shares of JCI exchange hands on a given day and today's volume is recorded at 2516218.
Shares of Tesoro Corporation (TSO) traded higher by 0.43% or $0.09/share to $20.96. In the past year, the shares have traded as low as $10.40 and as high as $28.74. On average, 5421760 shares of TSO exchange hands on a given day and today's volume is recorded at 3360706.
Shares of Weyerhaeuser Co (WY) traded higher by 0.34% or $0.07/share to $20.4. In the past year, the shares have traded as low as $12.28 and as high as $25.08. On average, 5236700 shares of WY exchange hands on a given day and today's volume is recorded at 3253338.
Shares of Westamerica Bancorp (WABC) traded higher by 0.23% or $0.11/share to $48.54. In the past year, the shares have traded as low as $46.91 and as high as $56.14. On average, 135500 shares of WABC exchange hands on a given day and today's volume is recorded at 57421.
