Downward wedge patterns have been noticed on October 7 for the stocks American Financial Group Inc, United Bankshares Inc, OM Group Inc, International Bancshares Corp, and Tekelec. 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 American Financial Group Inc (AFG) fell by 1.96% or $-0.64/share to $32.07. In the past year, the shares have traded as low as $29.45 and as high as $35.90. On average, 478520 shares of AFG exchange hands on a given day and today's volume is recorded at 280188.
Shares of United Bankshares Inc (UBSI) fell by 2.83% or $-0.62/share to $21.32. In the past year, the shares have traded as low as $18.78 and as high as $29.68. On average, 304460 shares of UBSI exchange hands on a given day and today's volume is recorded at 104461.
Shares of OM Group Inc (OMG) fell by 3.68% or $-1.01/share to $26.47. In the past year, the shares have traded as low as $23.67 and as high as $41.88. On average, 278170 shares of OMG exchange hands on a given day and today's volume is recorded at 52001.
Shares of International Bancshares Corp (IBOC) fell by 4.10% or $-0.64/share to $14.98. In the past year, the shares have traded as low as $12.41 and as high as $20.69. On average, 251370 shares of IBOC exchange hands on a given day and today's volume is recorded at 112333.
Shares of Tekelec (TKLC) traded higher by 2.12% or $0.14/share to $6.75. In the past year, the shares have traded as low as $5.64 and as high as $13.98. On average, 1060130 shares of TKLC exchange hands on a given day and today's volume is recorded at 437307.
