Downward wedge patterns have been noticed on October 6 for the stocks Telecom Italia SpA, Whirlpool Corp, Skullcandy, Inc, BPZ Resources, Inc, and Community Trust Bancorp 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 Telecom Italia SpA (TI) traded higher by 1.68% or $0.19/share to $11.47. In the past year, the shares have traded as low as $9.74 and as high as $15.20. On average, 601610 shares of TI exchange hands on a given day and today's volume is recorded at 582124.
Shares of Whirlpool Corp (WHR) traded higher by 1.48% or $0.80/share to $54.9. In the past year, the shares have traded as low as $47.35 and as high as $90.65. On average, 2085210 shares of WHR exchange hands on a given day and today's volume is recorded at 1225266.
Shares of Skullcandy, Inc (SKUL) traded higher by 7.97% or $1.03/share to $13.96. In the past year, the shares have traded as low as $11.81 and as high as $23.40. On average, 601660 shares of SKUL exchange hands on a given day and today's volume is recorded at 269026.
Shares of BPZ Resources, Inc (BPZ) fell by 8.87% or $-0.25/share to $2.57. In the past year, the shares have traded as low as $2.07 and as high as $6.83. On average, 1985140 shares of BPZ exchange hands on a given day and today's volume is recorded at 1719508.
Shares of Community Trust Bancorp Inc (CTBI) traded higher by 2.28% or $0.56/share to $25.15. In the past year, the shares have traded as low as $22.28 and as high as $29.30. On average, 50080 shares of CTBI exchange hands on a given day and today's volume is recorded at 44931.
