Downward wedge patterns have been noticed on November 22 for the stocks Powell Industries, Inc, US Gold Corporation, United Natural Foods, Inc, Research In Motion Limited, and AutoNavi Holdings Limited. 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 Powell Industries, Inc (POWL) traded higher by 1.70% or $0.51/share to $30.5. In the past year, the shares have traded as low as $25.76 and as high as $41.64. On average, 45320 shares of POWL exchange hands on a given day and today's volume is recorded at 26772.
Shares of US Gold Corporation (UXG) traded higher by 2.96% or $0.12/share to $4.11. In the past year, the shares have traded as low as $3.23 and as high as $9.88. On average, 2545430 shares of UXG exchange hands on a given day and today's volume is recorded at 1318503.
Shares of United Natural Foods, Inc (UNFI) traded higher by 0.01% or $0.00/share to $34.1. In the past year, the shares have traded as low as $33.83 and as high as $46.06. On average, 377820 shares of UNFI exchange hands on a given day and today's volume is recorded at 142376.
Shares of Research In Motion Limited (RIMM) fell by 3.02% or $-0.52/share to $16.83. In the past year, the shares have traded as low as $16.92 and as high as $70.51. On average, 23574630 shares of RIMM exchange hands on a given day and today's volume is recorded at 10549441.
Shares of AutoNavi Holdings Limited (AMAP) traded higher by 3.67% or $0.36/share to $10.18. In the past year, the shares have traded as low as $9.32 and as high as $20.22. On average, 94050 shares of AMAP exchange hands on a given day and today's volume is recorded at 125420.
