Downward wedge patterns have been noticed on September 9 for the stocks Ingles Markets Inc, World Wrestling Entertainment Inc, Echelon Corporation, H&E Equipment Services Inc, and Nortel Inversora S.A. 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 Ingles Markets Inc (IMKTA) fell by 1.12% or $-0.16/share to $14.18. In the past year, the shares have traded as low as $14.05 and as high as $19.92. On average, 40400 shares of IMKTA exchange hands on a given day and today's volume is recorded at 29434.
Shares of World Wrestling Entertainment Inc (WWE) fell by 1.96% or $-0.18/share to $9.01. In the past year, the shares have traded as low as $8.68 and as high as $14.12. On average, 235340 shares of WWE exchange hands on a given day and today's volume is recorded at 102287.
Shares of Echelon Corporation (ELON) fell by 4.70% or $-0.37/share to $7.5. In the past year, the shares have traded as low as $7.54 and as high as $10.72. On average, 249610 shares of ELON exchange hands on a given day and today's volume is recorded at 96388.
Shares of H&E Equipment Services Inc (HEES) fell by 8.96% or $-0.86/share to $8.74. In the past year, the shares have traded as low as $7.51 and as high as $20.40. On average, 181930 shares of HEES exchange hands on a given day and today's volume is recorded at 53644.
Shares of Nortel Inversora S.A (NTL) fell by 3.23% or $-0.80/share to $24.0. In the past year, the shares have traded as low as $21.90 and as high as $36.09. On average, 12790 shares of NTL exchange hands on a given day and today's volume is recorded at 18171.
