These stocks, Interface Inc, Kearny Financial Corp, Great Southern Bancorp Inc, UBS AG, and KB Financial Group, Inc, have been showing ascending triangle patterns on May 3. This pattern is a bullish formation that usually forms at the time of a upswing as a continuation pattern. Key characteristics that investors can look out for are trend patterns, duration and volume. In order for the pattern to be a continuation, an established pattern should exist. Since the pattern is bullish, the length and duration do not matter. What is important is the robustness of the formation. As mentioned, duration is not that important, but the average pattern lasts 1 to 2 month. As the pattern develops volume contracts and once the stock hits a break point, volume usually expands. The expansion confirms the breakout. This stock has been on a upswing, thus allowing investors to identify a resistance point. Investors may wan to consider going bearish on a breakpoint above the resistance point.
Shares of Interface Inc (IFSIA) fell by 1.14% or $-0.16/share to $13.82. In the past year, the shares have traded as low as $9.73 and as high as $20.38. On average, 466530 shares of IFSIA exchange hands on a given day and today's volume is recorded at 189895.
Shares of Kearny Financial Corp (KRNY) traded higher by 0.21% or $0.02/share to $9.62. In the past year, the shares have traded as low as $7.86 and as high as $10.06. On average, 15710 shares of KRNY exchange hands on a given day and today's volume is recorded at 3000.
Shares of Great Southern Bancorp Inc (GSBC) traded higher by 0.35% or $0.08/share to $23.19. In the past year, the shares have traded as low as $14.63 and as high as $25.00. On average, 17180 shares of GSBC exchange hands on a given day and today's volume is recorded at 17879.
Shares of UBS AG (UBS) fell by 3.27% or $-0.42/share to $12.44. In the past year, the shares have traded as low as $10.41 and as high as $20.03. On average, 4042140 shares of UBS exchange hands on a given day and today's volume is recorded at 4103100.
Shares of KB Financial Group, Inc (KB) fell by 0.41% or $-0.14/share to $34.32. In the past year, the shares have traded as low as $29.33 and as high as $53.13. On average, 160460 shares of KB exchange hands on a given day and today's volume is recorded at 88527.
