Downward wedge patterns have been noticed on October 12 for the stocks Amphenol Corporation, International Rectifier Corporation, United Microelectronics Corporation, NutriSystem Inc, and Applied Materials 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 Amphenol Corporation (APH) traded higher by 0.98% or $0.42/share to $43.26. In the past year, the shares have traded as low as $38.98 and as high as $59.06. On average, 1744220 shares of APH exchange hands on a given day and today's volume is recorded at 1709167.
Shares of International Rectifier Corporation (IRF) traded higher by 0.38% or $0.08/share to $21.29. In the past year, the shares have traded as low as $17.28 and as high as $35.26. On average, 729520 shares of IRF exchange hands on a given day and today's volume is recorded at 348840.
Shares of United Microelectronics Corporation (UMC) traded higher by 0.97% or $0.02/share to $2.09. In the past year, the shares have traded as low as $1.77 and as high as $3.26. On average, 3362620 shares of UMC exchange hands on a given day and today's volume is recorded at 2559381.
Shares of NutriSystem Inc (NTRI) traded higher by 6.71% or $0.84/share to $13.36. In the past year, the shares have traded as low as $10.46 and as high as $21.81. On average, 409360 shares of NTRI exchange hands on a given day and today's volume is recorded at 555368.
Shares of Applied Materials Inc (AMAT) traded higher by 2.91% or $0.32/share to $11.3. In the past year, the shares have traded as low as $9.70 and as high as $16.71. On average, 18941980 shares of AMAT exchange hands on a given day and today's volume is recorded at 16284903.
