Navigate this market better. Subscribe for FREE stock alerts and information.

Wednesday, October 5, 2011

Stocks with Downward Wedge Patterns: (PRI), (SFD), (QNST), (UMC), (WHR)

Downward wedge patterns have been noticed on October 5 for the stocks Primerica, Inc, Smithfield Foods Inc, QuinStreet, Inc, United Microelectronics Corporation, and Whirlpool Corp. 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 Primerica, Inc (PRI) fell by 2.35% or $-0.51/share to $21.16. In the past year, the shares have traded as low as $18.72 and as high as $26.12. On average, 236170 shares of PRI exchange hands on a given day and today's volume is recorded at 108156.

Shares of Smithfield Foods Inc (SFD) traded higher by 1.42% or $0.28/share to $20.09. In the past year, the shares have traded as low as $14.82 and as high as $24.93. On average, 2590840 shares of SFD exchange hands on a given day and today's volume is recorded at 2068601.

Shares of QuinStreet, Inc (QNST) traded higher by 5.82% or $0.62/share to $11.27. In the past year, the shares have traded as low as $10.03 and as high as $24.91. On average, 384890 shares of QNST exchange hands on a given day and today's volume is recorded at 434593.

Shares of United Microelectronics Corporation (UMC) traded higher by 1.55% or $0.03/share to $1.97. In the past year, the shares have traded as low as $1.77 and as high as $3.26. On average, 3539970 shares of UMC exchange hands on a given day and today's volume is recorded at 1776731.

Shares of Whirlpool Corp (WHR) traded higher by 2.78% or $1.44/share to $53.4. In the past year, the shares have traded as low as $47.34 and as high as $90.65. On average, 2071110 shares of WHR exchange hands on a given day and today's volume is recorded at 1352566.