Downward wedge patterns have been noticed on July 13 for the stocks Cloud Peak Energy Inc, United Microelectronics Corporation, Smith & Nephew plc, Teck Resources Limited, and SEI Investments Co. 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 Cloud Peak Energy Inc (CLD) traded higher by 2.12% or $0.45/share to $21.65. In the past year, the shares have traded as low as $14.09 and as high as $24.69. On average, 1304630 shares of CLD exchange hands on a given day and today's volume is recorded at 437477.
Shares of United Microelectronics Corporation (UMC) traded higher by 0.41% or $0.01/share to $2.42. In the past year, the shares have traded as low as $2.40 and as high as $3.52. On average, 3793460 shares of UMC exchange hands on a given day and today's volume is recorded at 3715186.
Shares of Smith & Nephew plc (SNN) traded higher by 0.95% or $0.51/share to $54.1. In the past year, the shares have traded as low as $40.62 and as high as $59.82. On average, 174450 shares of SNN exchange hands on a given day and today's volume is recorded at 61926.
Shares of Teck Resources Limited (TCK) traded higher by 2.72% or $1.38/share to $52.16. In the past year, the shares have traded as low as $29.95 and as high as $64.94. On average, 3593590 shares of TCK exchange hands on a given day and today's volume is recorded at 2862667.
Shares of SEI Investments Co (SEIC) traded higher by 1.06% or $0.23/share to $21.99. In the past year, the shares have traded as low as $17.19 and as high as $24.75. On average, 817550 shares of SEIC exchange hands on a given day and today's volume is recorded at 318481.
