Downward wedge patterns have been noticed on October 7 for the stocks Cirrus Logic Inc, Dun & Bradstreet Corp, International Rectifier Corporation, Community Trust Bancorp Inc, and Chemical Financial Corp. 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 Cirrus Logic Inc (CRUS) traded higher by 3.83% or $0.62/share to $16.68. In the past year, the shares have traded as low as $12.39 and as high as $25.47. On average, 2648360 shares of CRUS exchange hands on a given day and today's volume is recorded at 2928607.
Shares of Dun & Bradstreet Corp (DNB) fell by 0.18% or $-0.11/share to $62.03. In the past year, the shares have traded as low as $58.50 and as high as $85.83. On average, 500050 shares of DNB exchange hands on a given day and today's volume is recorded at 208573.
Shares of International Rectifier Corporation (IRF) traded higher by 1.94% or $0.41/share to $21.57. In the past year, the shares have traded as low as $17.28 and as high as $35.26. On average, 724940 shares of IRF exchange hands on a given day and today's volume is recorded at 430561.
Shares of Community Trust Bancorp Inc (CTBI) fell by 2.11% or $-0.53/share to $24.6. In the past year, the shares have traded as low as $22.28 and as high as $29.30. On average, 50620 shares of CTBI exchange hands on a given day and today's volume is recorded at 20080.
Shares of Chemical Financial Corp (CHFC) fell by 2.91% or $-0.50/share to $16.71. In the past year, the shares have traded as low as $14.56 and as high as $22.32. On average, 75560 shares of CHFC exchange hands on a given day and today's volume is recorded at 42167.
