Downward wedge patterns have been noticed on May 21 for the stocks PPL Corporation, Bill Barrett Corp, Patriot Coal Corporation, RF Micro Devices Inc, and Tootsie Roll Industries 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 PPL Corporation (PPL) fell by 0.48% or $-0.13/share to $27.06. In the past year, the shares have traded as low as $24.09 and as high as $29.54. On average, 4484840 shares of PPL exchange hands on a given day and today's volume is recorded at 1550165.
Shares of Bill Barrett Corp (BBG) traded higher by 2.17% or $0.45/share to $21.18. In the past year, the shares have traded as low as $20.34 and as high as $52.13. On average, 1395050 shares of BBG exchange hands on a given day and today's volume is recorded at 1133176.
Shares of Patriot Coal Corporation (PCX) remained unchanged at $3.29. In the past year, the shares have traded as low as $3.26 and as high as $24.98. On average, 7456320 shares of PCX exchange hands on a given day and today's volume is recorded at 4215643.
Shares of RF Micro Devices Inc (RFMD) traded higher by 4.75% or $0.17/share to $3.75. In the past year, the shares have traded as low as $3.57 and as high as $7.89. On average, 3597300 shares of RFMD exchange hands on a given day and today's volume is recorded at 2165006.
Shares of Tootsie Roll Industries Inc (TR) traded higher by 0.27% or $0.06/share to $22.45. In the past year, the shares have traded as low as $21.63 and as high as $29.62. On average, 125290 shares of TR exchange hands on a given day and today's volume is recorded at 44212.
