Downward wedge patterns have been noticed on October 3 for the stocks NutriSystem Inc, Cirrus Logic Inc, UMB Financial Corporation, Telecom Italia SpA, and Ingles Markets 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 NutriSystem Inc (NTRI) fell by 2.56% or $-0.31/share to $11.8. In the past year, the shares have traded as low as $10.46 and as high as $21.81. On average, 402630 shares of NTRI exchange hands on a given day and today's volume is recorded at 126681.
Shares of Cirrus Logic Inc (CRUS) fell by 0.54% or $-0.08/share to $14.66. In the past year, the shares have traded as low as $12.39 and as high as $25.48. On average, 2654090 shares of CRUS exchange hands on a given day and today's volume is recorded at 509550.
Shares of UMB Financial Corporation (UMBF) traded higher by 0.56% or $0.18/share to $32.26. In the past year, the shares have traded as low as $31.96 and as high as $45.56. On average, 184000 shares of UMBF exchange hands on a given day and today's volume is recorded at 31820.
Shares of Telecom Italia SpA (TI) traded higher by 0.83% or $0.09/share to $10.9. In the past year, the shares have traded as low as $9.74 and as high as $15.20. On average, 585380 shares of TI exchange hands on a given day and today's volume is recorded at 226926.
Shares of Ingles Markets Inc (IMKTA) traded higher by 1.33% or $0.19/share to $14.43. In the past year, the shares have traded as low as $14.01 and as high as $19.92. On average, 40790 shares of IMKTA exchange hands on a given day and today's volume is recorded at 6201.
