Downward wedge patterns have been noticed on September 12 for the stocks Warnaco Group Inc, General Moly, Inc, Imperial Oil Ltd, H&E Equipment Services Inc, and The J. M. Smucker Company. 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 Warnaco Group Inc (WRC) fell by 1.36% or $-0.67/share to $48.75. In the past year, the shares have traded as low as $44.39 and as high as $65.01. On average, 1288630 shares of WRC exchange hands on a given day and today's volume is recorded at 584894.
Shares of General Moly, Inc (GMO) fell by 0.83% or $-0.03/share to $3.57. In the past year, the shares have traded as low as $3.04 and as high as $7.25. On average, 942150 shares of GMO exchange hands on a given day and today's volume is recorded at 660801.
Shares of Imperial Oil Ltd (IMO) fell by 1.63% or $-0.62/share to $37.49. In the past year, the shares have traded as low as $35.61 and as high as $55.35. On average, 475760 shares of IMO exchange hands on a given day and today's volume is recorded at 249746.
Shares of H&E Equipment Services Inc (HEES) fell by 1.12% or $-0.10/share to $8.82. In the past year, the shares have traded as low as $7.51 and as high as $20.40. On average, 182030 shares of HEES exchange hands on a given day and today's volume is recorded at 47267.
Shares of The J. M. Smucker Company (SJM) fell by 1.61% or $-1.14/share to $69.62. In the past year, the shares have traded as low as $58.20 and as high as $79.71. On average, 862990 shares of SJM exchange hands on a given day and today's volume is recorded at 252107.
