Downward wedge patterns have been noticed on October 9 for the stocks United Microelectronics Corporation, Smithfield Foods Inc, Skyworks Solutions Inc, The Goldman Sachs Group, Inc, and Synaptics 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 United Microelectronics Corporation (UMC) remained unchanged at $2.01. In the past year, the shares have traded as low as $1.77 and as high as $3.26. On average, 3461020 shares of UMC exchange hands on a given day and today's volume is recorded at 2583586.
Shares of Smithfield Foods Inc (SFD) fell by 1.33% or $-0.28/share to $20.71. In the past year, the shares have traded as low as $14.82 and as high as $24.93. On average, 2615440 shares of SFD exchange hands on a given day and today's volume is recorded at 2447206.
Shares of Skyworks Solutions Inc (SWKS) fell by 1.03% or $-0.20/share to $19.13. In the past year, the shares have traded as low as $16.34 and as high as $37.82. On average, 4540670 shares of SWKS exchange hands on a given day and today's volume is recorded at 2832767.
Shares of The Goldman Sachs Group, Inc (GS) fell by 5.35% or $-5.24/share to $92.69. In the past year, the shares have traded as low as $84.27 and as high as $174.00. On average, 8211500 shares of GS exchange hands on a given day and today's volume is recorded at 7628964.
Shares of Synaptics Inc (SYNA) fell by 0.23% or $-0.06/share to $26.31. In the past year, the shares have traded as low as $21.97 and as high as $32.24. On average, 460000 shares of SYNA exchange hands on a given day and today's volume is recorded at 842837.
