Downward wedge patterns have been noticed on October 3 for the stocks Ingles Markets Inc, Mohawk Industries Inc, State Bank Financial Corporatio, Skyworks Solutions Inc, 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 Ingles Markets Inc (IMKTA) fell by 0.56% or $-0.08/share to $14.16. In the past year, the shares have traded as low as $14.01 and as high as $19.92. On average, 40790 shares of IMKTA exchange hands on a given day and today's volume is recorded at 28468.
Shares of Mohawk Industries Inc (MHK) fell by 4.29% or $-1.84/share to $41.07. In the past year, the shares have traded as low as $39.93 and as high as $68.86. On average, 826930 shares of MHK exchange hands on a given day and today's volume is recorded at 387764.
Shares of State Bank Financial Corporatio (STBZ) fell by 0.95% or $-0.12/share to $12.5. In the past year, the shares have traded as low as $12.50 and as high as $18.40. On average, 100050 shares of STBZ exchange hands on a given day and today's volume is recorded at 127377.
Shares of Skyworks Solutions Inc (SWKS) fell by 3.51% or $-0.63/share to $17.33. In the past year, the shares have traded as low as $17.94 and as high as $37.82. On average, 4457340 shares of SWKS exchange hands on a given day and today's volume is recorded at 2765968.
Shares of Whirlpool Corp (WHR) fell by 1.62% or $-0.81/share to $49.1. In the past year, the shares have traded as low as $47.35 and as high as $90.66. On average, 2031520 shares of WHR exchange hands on a given day and today's volume is recorded at 2052396.
