Downward wedge patterns have been noticed on December 18 for the stocks ResMed Inc, Seacor Holdings Inc, Universal Technical Institute, Inc, Skechers USA Inc, and Boston Scientific Corporation. 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 ResMed Inc (RMD) traded higher by 1.85% or $0.45/share to $24.72. In the past year, the shares have traded as low as $23.37 and as high as $35.90. On average, 1162550 shares of RMD exchange hands on a given day and today's volume is recorded at 2472392.
Shares of Seacor Holdings Inc (CKH) traded higher by 2.11% or $1.79/share to $86.6. In the past year, the shares have traded as low as $75.04 and as high as $113.20. On average, 164080 shares of CKH exchange hands on a given day and today's volume is recorded at 374992.
Shares of Universal Technical Institute, Inc (UTI) remained unchanged at $12.25. In the past year, the shares have traded as low as $11.78 and as high as $22.50. On average, 135280 shares of UTI exchange hands on a given day and today's volume is recorded at 419863.
Shares of Skechers USA Inc (SKX) traded higher by 1.66% or $0.20/share to $12.23. In the past year, the shares have traded as low as $11.75 and as high as $23.66. On average, 1082480 shares of SKX exchange hands on a given day and today's volume is recorded at 791686.
Shares of Boston Scientific Corporation (BSX) traded higher by 0.59% or $0.03/share to $5.14. In the past year, the shares have traded as low as $5.01 and as high as $7.96. On average, 21567170 shares of BSX exchange hands on a given day and today's volume is recorded at 23926740.
