Downward wedge patterns have been noticed on May 27 for the stocks LTX-Credence Corporation, PetroQuest Energy Inc, Universal American Corp, Tellabs Inc, and Hecla Mining Co. 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 LTX-Credence Corporation (LTXC) traded higher by 3.54% or $0.23/share to $6.72. In the past year, the shares have traded as low as $4.81 and as high as $9.52. On average, 277750 shares of LTXC exchange hands on a given day and today's volume is recorded at 288063.
Shares of PetroQuest Energy Inc (PQ) fell by 1.66% or $-0.08/share to $4.73. In the past year, the shares have traded as low as $4.50 and as high as $8.70. On average, 829160 shares of PQ exchange hands on a given day and today's volume is recorded at 477245.
Shares of Universal American Corp (UAM) traded higher by 2.05% or $0.20/share to $9.97. In the past year, the shares have traded as low as $8.79 and as high as $13.62. On average, 267760 shares of UAM exchange hands on a given day and today's volume is recorded at 102995.
Shares of Tellabs Inc (TLAB) fell by 0.84% or $-0.03/share to $3.54. In the past year, the shares have traded as low as $3.51 and as high as $4.68. On average, 2295900 shares of TLAB exchange hands on a given day and today's volume is recorded at 1004435.
Shares of Hecla Mining Co (HL) remained unchanged at $4.5. In the past year, the shares have traded as low as $3.70 and as high as $8.60. On average, 5610070 shares of HL exchange hands on a given day and today's volume is recorded at 4238648.
