Downward wedge patterns have been noticed on September 8 for the stocks International Rectifier Corporation, Primerica, Inc, OfficeMax Incorporated, Newcastle Investment Corp, and Community Health 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 International Rectifier Corporation (IRF) fell by 1.41% or $-0.30/share to $21.03. In the past year, the shares have traded as low as $17.28 and as high as $35.26. On average, 714060 shares of IRF exchange hands on a given day and today's volume is recorded at 305657.
Shares of Primerica, Inc (PRI) fell by 0.85% or $-0.17/share to $19.87. In the past year, the shares have traded as low as $18.72 and as high as $26.12. On average, 250530 shares of PRI exchange hands on a given day and today's volume is recorded at 79630.
Shares of OfficeMax Incorporated (OMX) traded higher by 1.05% or $0.06/share to $5.79. In the past year, the shares have traded as low as $5.02 and as high as $19.20. On average, 3127430 shares of OMX exchange hands on a given day and today's volume is recorded at 1933682.
Shares of Newcastle Investment Corp (NCT) fell by 3.04% or $-0.16/share to $5.1. In the past year, the shares have traded as low as $2.45 and as high as $8.69. On average, 1106490 shares of NCT exchange hands on a given day and today's volume is recorded at 221421.
Shares of Community Health Systems, Inc (CYH) fell by 3.98% or $-0.76/share to $18.33. In the past year, the shares have traded as low as $17.60 and as high as $42.50. On average, 2185340 shares of CYH exchange hands on a given day and today's volume is recorded at 618637.
