Downward wedge patterns have been noticed on September 4 for the stocks Ingles Markets Inc, Nokia Corporation, International Rectifier Corporation, Checkpoint Systems Inc, and J. C. Penney Company, 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 Ingles Markets Inc (IMKTA) fell by 1.85% or $-0.27/share to $14.36. In the past year, the shares have traded as low as $14.05 and as high as $19.92. On average, 39770 shares of IMKTA exchange hands on a given day and today's volume is recorded at 46285.
Shares of Nokia Corporation (NOK) fell by 4.37% or $-0.29/share to $6.34. In the past year, the shares have traded as low as $4.82 and as high as $11.06. On average, 37897380 shares of NOK exchange hands on a given day and today's volume is recorded at 30009698.
Shares of International Rectifier Corporation (IRF) fell by 3.59% or $-0.79/share to $21.23. In the past year, the shares have traded as low as $17.28 and as high as $35.26. On average, 706850 shares of IRF exchange hands on a given day and today's volume is recorded at 516712.
Shares of Checkpoint Systems Inc (CKP) fell by 5.76% or $-0.85/share to $13.9. In the past year, the shares have traded as low as $12.65 and as high as $23.00. On average, 246040 shares of CKP exchange hands on a given day and today's volume is recorded at 214495.
Shares of J. C. Penney Company, Inc (JCP) fell by 4.23% or $-1.11/share to $25.15. In the past year, the shares have traded as low as $20.09 and as high as $40.76. On average, 6494780 shares of JCP exchange hands on a given day and today's volume is recorded at 6407479.
