Downward wedge patterns have been noticed on September 28 for the stocks International Rectifier Corporation, Primerica, Inc, Hibbett Sports, Inc, Applied Materials Inc, and The Goldman Sachs Group, 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 4.22% or $-0.86/share to $19.54. In the past year, the shares have traded as low as $17.28 and as high as $35.26. On average, 712980 shares of IRF exchange hands on a given day and today's volume is recorded at 439816.
Shares of Primerica, Inc (PRI) traded higher by 0.80% or $0.17/share to $21.31. In the past year, the shares have traded as low as $18.72 and as high as $26.12. On average, 231890 shares of PRI exchange hands on a given day and today's volume is recorded at 231185.
Shares of Hibbett Sports, Inc (HIBB) fell by 4.55% or $-1.66/share to $34.86. In the past year, the shares have traded as low as $24.27 and as high as $43.00. On average, 383820 shares of HIBB exchange hands on a given day and today's volume is recorded at 177738.
Shares of Applied Materials Inc (AMAT) fell by 0.56% or $-0.06/share to $10.73. In the past year, the shares have traded as low as $10.19 and as high as $16.71. On average, 18399400 shares of AMAT exchange hands on a given day and today's volume is recorded at 12825201.
Shares of The Goldman Sachs Group, Inc (GS) fell by 1.98% or $-1.97/share to $97.58. In the past year, the shares have traded as low as $91.40 and as high as $174.00. On average, 8037110 shares of GS exchange hands on a given day and today's volume is recorded at 3906871.
