Downward wedge patterns have been noticed on October 2 for the stocks OpenTable, Inc, Community Trust Bancorp Inc, United Bankshares Inc, UMB Financial Corporation, and Energy Select Sector SPDR. 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 OpenTable, Inc (OPEN) fell by 3.87% or $-1.85/share to $46.01. In the past year, the shares have traded as low as $43.25 and as high as $118.67. On average, 1499180 shares of OPEN exchange hands on a given day and today's volume is recorded at 1659289.
Shares of Community Trust Bancorp Inc (CTBI) fell by 2.84% or $-0.68/share to $23.29. In the past year, the shares have traded as low as $22.64 and as high as $29.30. On average, 48450 shares of CTBI exchange hands on a given day and today's volume is recorded at 42552.
Shares of United Bankshares Inc (UBSI) fell by 2.81% or $-0.58/share to $20.09. In the past year, the shares have traded as low as $18.78 and as high as $29.68. On average, 290780 shares of UBSI exchange hands on a given day and today's volume is recorded at 295433.
Shares of UMB Financial Corporation (UMBF) fell by 4.30% or $-1.44/share to $32.08. In the past year, the shares have traded as low as $32.21 and as high as $45.56. On average, 180380 shares of UMBF exchange hands on a given day and today's volume is recorded at 348580.
Shares of Energy Select Sector SPDR (XLE) fell by 2.94% or $-1.77/share to $58.51. In the past year, the shares have traded as low as $54.65 and as high as $80.36. On average, 26070710 shares of XLE exchange hands on a given day and today's volume is recorded at 29727788.
