Downward wedge patterns have been noticed on July 15 for the stocks United Microelectronics Corporation, Dril-Quip, Inc, Cloud Peak Energy Inc, Lazard Ltd, and Camelot Information Systems Inc. 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 United Microelectronics Corporation (UMC) fell by 0.42% or $-0.01/share to $2.39. In the past year, the shares have traded as low as $2.37 and as high as $3.52. On average, 3819740 shares of UMC exchange hands on a given day and today's volume is recorded at 1239316.
Shares of Dril-Quip, Inc (DRQ) traded higher by 5.21% or $3.51/share to $70.9. In the past year, the shares have traded as low as $46.39 and as high as $83.80. On average, 406120 shares of DRQ exchange hands on a given day and today's volume is recorded at 390198.
Shares of Cloud Peak Energy Inc (CLD) traded higher by 0.57% or $0.12/share to $21.0. In the past year, the shares have traded as low as $14.09 and as high as $24.69. On average, 1272910 shares of CLD exchange hands on a given day and today's volume is recorded at 626301.
Shares of Lazard Ltd (LAZ) fell by 1.00% or $-0.34/share to $33.69. In the past year, the shares have traded as low as $27.15 and as high as $46.36. On average, 800530 shares of LAZ exchange hands on a given day and today's volume is recorded at 380774.
Shares of Camelot Information Systems Inc (CIS) fell by 6.51% or $-0.87/share to $12.5. In the past year, the shares have traded as low as $12.64 and as high as $28.18. On average, 619510 shares of CIS exchange hands on a given day and today's volume is recorded at 573123.
