Downward wedge patterns have been noticed on September 5 for the stocks Ingles Markets Inc, Warnaco Group Inc, Echelon Corporation, Nxstage Medical, Inc, and GFI 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 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 Warnaco Group Inc (WRC) fell by 4.31% or $-2.24/share to $49.73. In the past year, the shares have traded as low as $44.39 and as high as $65.01. On average, 1336060 shares of WRC exchange hands on a given day and today's volume is recorded at 857922.
Shares of Echelon Corporation (ELON) fell by 2.97% or $-0.24/share to $7.83. In the past year, the shares have traded as low as $7.67 and as high as $10.72. On average, 248420 shares of ELON exchange hands on a given day and today's volume is recorded at 235194.
Shares of Nxstage Medical, Inc (NXTM) fell by 0.17% or $-0.03/share to $17.82. In the past year, the shares have traded as low as $15.93 and as high as $27.12. On average, 606620 shares of NXTM exchange hands on a given day and today's volume is recorded at 394915.
Shares of GFI Group Inc (GFIG) fell by 5.59% or $-0.24/share to $4.05. In the past year, the shares have traded as low as $3.63 and as high as $5.57. On average, 430280 shares of GFIG exchange hands on a given day and today's volume is recorded at 358552.
