Downward wedge patterns have been noticed on October 10 for the stocks Community Health Systems, Inc, Smithfield Foods Inc, iShares S&P Global 100 Index, QuinStreet, Inc, and United Bankshares 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 Community Health Systems, Inc (CYH) traded higher by 4.90% or $0.81/share to $17.3. In the past year, the shares have traded as low as $14.61 and as high as $42.51. On average, 2100300 shares of CYH exchange hands on a given day and today's volume is recorded at 942520.
Shares of Smithfield Foods Inc (SFD) traded higher by 0.68% or $0.14/share to $20.85. In the past year, the shares have traded as low as $14.82 and as high as $24.93. On average, 2618520 shares of SFD exchange hands on a given day and today's volume is recorded at 1036078.
Shares of iShares S&P Global 100 Index (IOO) traded higher by 3.30% or $1.82/share to $56.94. In the past year, the shares have traded as low as $51.00 and as high as $68.06. On average, 164890 shares of IOO exchange hands on a given day and today's volume is recorded at 67805.
Shares of QuinStreet, Inc (QNST) traded higher by 2.63% or $0.29/share to $11.32. In the past year, the shares have traded as low as $10.03 and as high as $24.91. On average, 378830 shares of QNST exchange hands on a given day and today's volume is recorded at 93861.
Shares of United Bankshares Inc (UBSI) traded higher by 3.90% or $0.82/share to $21.84. In the past year, the shares have traded as low as $18.78 and as high as $29.68. On average, 305520 shares of UBSI exchange hands on a given day and today's volume is recorded at 118291.
