Downward wedge patterns have been noticed on May 31 for the stocks Kansas City Life Insurance Company, France Telecom, Nuance Communications, Inc, ProShares UltraShort Telecommunications, and EPIQ Systems, 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 Kansas City Life Insurance Company (KCLI) fell by 0.03% or $-0.01/share to $31.71. In the past year, the shares have traded as low as $27.32 and as high as $35.21. On average, 9700 shares of KCLI exchange hands on a given day and today's volume is recorded at 7173.
Shares of France Telecom (FTE) traded higher by 0.16% or $0.02/share to $12.68. In the past year, the shares have traded as low as $12.51 and as high as $20.76. On average, 1898630 shares of FTE exchange hands on a given day and today's volume is recorded at 1823137.
Shares of Nuance Communications, Inc (NUAN) fell by 0.19% or $-0.04/share to $20.73. In the past year, the shares have traded as low as $15.56 and as high as $31.15. On average, 4294290 shares of NUAN exchange hands on a given day and today's volume is recorded at 2860347.
Shares of ProShares UltraShort Telecommunications (TLL) remained unchanged at $41.71. In the past year, the shares have traded as low as $35.15 and as high as $56.19. On average, 510 shares of TLL exchange hands on a given day and today's volume is recorded at 0.
Shares of EPIQ Systems, Inc (EPIQ) traded higher by 0.27% or $0.03/share to $11.16. In the past year, the shares have traded as low as $10.30 and as high as $15.08. On average, 118000 shares of EPIQ exchange hands on a given day and today's volume is recorded at 79206.