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Tuesday, October 11, 2011

Bullish Wedge Pattern Detected: (HELE), (DNB), (CPTS), (TI), (SWKS)

Downward wedge patterns have been noticed on October 11 for the stocks Helen of Troy Limited, Dun & Bradstreet Corp, Conceptus, Inc, Telecom Italia SpA, and Skyworks Solutions 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 Helen of Troy Limited (HELE) traded higher by 1.22% or $0.32/share to $26.57. In the past year, the shares have traded as low as $22.51 and as high as $36.75. On average, 210440 shares of HELE exchange hands on a given day and today's volume is recorded at 117365.

Shares of Dun & Bradstreet Corp (DNB) traded higher by 0.08% or $0.05/share to $63.1. In the past year, the shares have traded as low as $58.50 and as high as $85.84. On average, 506970 shares of DNB exchange hands on a given day and today's volume is recorded at 157757.

Shares of Conceptus, Inc (CPTS) traded higher by 0.38% or $0.04/share to $10.67. In the past year, the shares have traded as low as $9.68 and as high as $15.78. On average, 256640 shares of CPTS exchange hands on a given day and today's volume is recorded at 71800.

Shares of Telecom Italia SpA (TI) fell by 2.76% or $-0.33/share to $11.64. In the past year, the shares have traded as low as $9.74 and as high as $15.20. On average, 595750 shares of TI exchange hands on a given day and today's volume is recorded at 401663.

Shares of Skyworks Solutions Inc (SWKS) traded higher by 0.18% or $0.04/share to $19.59. In the past year, the shares have traded as low as $16.34 and as high as $37.81. On average, 4483420 shares of SWKS exchange hands on a given day and today's volume is recorded at 2280750.