Downward wedge patterns have been noticed on May 22 for the stocks RF Micro Devices Inc, Patriot Coal Corporation, Nuance Communications, Inc, Titanium Metals Corporation, and Tellabs 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 RF Micro Devices Inc (RFMD) traded higher by 0.41% or $0.02/share to $3.71. In the past year, the shares have traded as low as $3.57 and as high as $7.88. On average, 3608460 shares of RFMD exchange hands on a given day and today's volume is recorded at 1095857.
Shares of Patriot Coal Corporation (PCX) fell by 27.08% or $-0.91/share to $2.45. In the past year, the shares have traded as low as $3.26 and as high as $25.00. On average, 7452970 shares of PCX exchange hands on a given day and today's volume is recorded at 69438920.
Shares of Nuance Communications, Inc (NUAN) traded higher by 0.61% or $0.13/share to $21.58. In the past year, the shares have traded as low as $15.56 and as high as $31.15. On average, 4604860 shares of NUAN exchange hands on a given day and today's volume is recorded at 1754924.
Shares of Titanium Metals Corporation (TIE) fell by 0.65% or $-0.08/share to $12.32. In the past year, the shares have traded as low as $12.00 and as high as $18.90. On average, 1688790 shares of TIE exchange hands on a given day and today's volume is recorded at 1061701.
Shares of Tellabs Inc (TLAB) traded higher by 1.40% or $0.05/share to $3.61. In the past year, the shares have traded as low as $3.52 and as high as $4.68. On average, 2347400 shares of TLAB exchange hands on a given day and today's volume is recorded at 2065266.
