Downward wedge patterns have been noticed on October 11 for the stocks The Goldman Sachs Group, Inc, Checkpoint Systems Inc, International Rectifier Corporation, QuinStreet, Inc, and United Microelectronics 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 The Goldman Sachs Group, Inc (GS) traded higher by 0.75% or $0.72/share to $96.86. In the past year, the shares have traded as low as $84.27 and as high as $173.99. On average, 8300129 shares of GS exchange hands on a given day and today's volume is recorded at 5415038.
Shares of Checkpoint Systems Inc (CKP) traded higher by 1.61% or $0.23/share to $14.53. In the past year, the shares have traded as low as $12.36 and as high as $23.00. On average, 251400 shares of CKP exchange hands on a given day and today's volume is recorded at 54017.
Shares of International Rectifier Corporation (IRF) fell by 2.32% or $-0.50/share to $21.07. In the past year, the shares have traded as low as $17.28 and as high as $35.26. On average, 726570 shares of IRF exchange hands on a given day and today's volume is recorded at 332086.
Shares of QuinStreet, Inc (QNST) traded higher by 2.01% or $0.23/share to $11.68. In the past year, the shares have traded as low as $10.03 and as high as $24.91. On average, 373360 shares of QNST exchange hands on a given day and today's volume is recorded at 147629.
Shares of United Microelectronics Corporation (UMC) traded higher by 0.98% or $0.02/share to $2.06. In the past year, the shares have traded as low as $1.77 and as high as $3.26. On average, 3379350 shares of UMC exchange hands on a given day and today's volume is recorded at 2244570.
