Downward wedge patterns have been noticed on September 5 for the stocks Regis Corp, Checkpoint Systems Inc, International Rectifier Corporation, General Moly, Inc, and Telecom Italia SpA. 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 Regis Corp (RGS) fell by 2.29% or $-0.33/share to $14.07. In the past year, the shares have traded as low as $12.46 and as high as $21.54. On average, 543160 shares of RGS exchange hands on a given day and today's volume is recorded at 520317.
Shares of Checkpoint Systems Inc (CKP) fell by 5.76% or $-0.85/share to $13.9. In the past year, the shares have traded as low as $12.65 and as high as $23.00. On average, 246040 shares of CKP exchange hands on a given day and today's volume is recorded at 214495.
Shares of International Rectifier Corporation (IRF) fell by 3.59% or $-0.79/share to $21.23. In the past year, the shares have traded as low as $17.28 and as high as $35.26. On average, 706850 shares of IRF exchange hands on a given day and today's volume is recorded at 516712.
Shares of General Moly, Inc (GMO) fell by 1.56% or $-0.06/share to $3.79. In the past year, the shares have traded as low as $3.04 and as high as $7.25. On average, 968950 shares of GMO exchange hands on a given day and today's volume is recorded at 587121.
Shares of Telecom Italia SpA (TI) fell by 4.28% or $-0.52/share to $11.64. In the past year, the shares have traded as low as $10.99 and as high as $15.20. On average, 467240 shares of TI exchange hands on a given day and today's volume is recorded at 393841.
