Navigate this market better. Subscribe for FREE stock alerts and information.

Wednesday, September 7, 2011

Stocks with Downward Wedge Patterns: (NTL), (MKSI), (PRI), (TDW), (SIMG)

Downward wedge patterns have been noticed on September 7 for the stocks Nortel Inversora S.A, MKS Instruments Inc, Primerica, Inc, Tidewater Inc, and Silicon Image, 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 Nortel Inversora S.A (NTL) fell by 0.75% or $-0.19/share to $25.05. In the past year, the shares have traded as low as $21.56 and as high as $36.09. On average, 13020 shares of NTL exchange hands on a given day and today's volume is recorded at 5300.

Shares of MKS Instruments Inc (MKSI) traded higher by 6.86% or $1.52/share to $23.68. In the past year, the shares have traded as low as $16.31 and as high as $33.44. On average, 450200 shares of MKSI exchange hands on a given day and today's volume is recorded at 247890.

Shares of Primerica, Inc (PRI) traded higher by 2.88% or $0.56/share to $19.83. In the past year, the shares have traded as low as $18.71 and as high as $26.11. On average, 251610 shares of PRI exchange hands on a given day and today's volume is recorded at 55705.

Shares of Tidewater Inc (TDW) traded higher by 3.45% or $1.78/share to $53.34. In the past year, the shares have traded as low as $39.93 and as high as $62.97. On average, 683610 shares of TDW exchange hands on a given day and today's volume is recorded at 317365.

Shares of Silicon Image, Inc (SIMG) traded higher by 3.09% or $0.16/share to $5.34. In the past year, the shares have traded as low as $4.05 and as high as $10.20. On average, 1010760 shares of SIMG exchange hands on a given day and today's volume is recorded at 374508.