Downward wedge patterns have been noticed on October 5 for the stocks Community Bank System Inc, The Allstate Corporation, Community Trust Bancorp Inc, Cracker Barrel Old Country Store, Inc, and Westpac Banking Corporation. 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 Community Bank System Inc (CBU) fell by 1.26% or $-0.30/share to $23.44. In the past year, the shares have traded as low as $21.23 and as high as $28.04. On average, 284400 shares of CBU exchange hands on a given day and today's volume is recorded at 130373.
Shares of The Allstate Corporation (ALL) traded higher by 0.72% or $0.17/share to $23.8. In the past year, the shares have traded as low as $22.27 and as high as $33.88. On average, 5851170 shares of ALL exchange hands on a given day and today's volume is recorded at 2687189.
Shares of Community Trust Bancorp Inc (CTBI) fell by 0.12% or $-0.03/share to $24.38. In the past year, the shares have traded as low as $22.28 and as high as $29.30. On average, 49040 shares of CTBI exchange hands on a given day and today's volume is recorded at 60013.
Shares of Cracker Barrel Old Country Store, Inc (CBRL) fell by 0.42% or $-0.17/share to $40.25. In the past year, the shares have traded as low as $37.31 and as high as $57.03. On average, 320460 shares of CBRL exchange hands on a given day and today's volume is recorded at 108805.
Shares of Westpac Banking Corporation (WBK) traded higher by 3.05% or $2.88/share to $97.21. In the past year, the shares have traded as low as $89.41 and as high as $134.03. On average, 37540 shares of WBK exchange hands on a given day and today's volume is recorded at 13616.
