These stocks, WesBanco Inc, Great Southern Bancorp Inc, Gran Tierra Energy, Inc, DTS Inc, and Kearny Financial Corp, have been showing ascending triangle patterns on May 31. 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 WesBanco Inc (WSBC) traded higher by 0.49% or $0.10/share to $20.35. In the past year, the shares have traded as low as $15.79 and as high as $21.51. On average, 58270 shares of WSBC exchange hands on a given day and today's volume is recorded at 19183.
Shares of Great Southern Bancorp Inc (GSBC) traded higher by 0.19% or $0.04/share to $23.16. In the past year, the shares have traded as low as $14.63 and as high as $25.01. On average, 19610 shares of GSBC exchange hands on a given day and today's volume is recorded at 4165.
Shares of Gran Tierra Energy, Inc (GTE) fell by 1.19% or $-0.06/share to $4.97. In the past year, the shares have traded as low as $4.20 and as high as $7.31. On average, 805260 shares of GTE exchange hands on a given day and today's volume is recorded at 256905.
Shares of DTS Inc (DTSI) fell by 0.36% or $-0.10/share to $27.59. In the past year, the shares have traded as low as $20.93 and as high as $46.44. On average, 124750 shares of DTSI exchange hands on a given day and today's volume is recorded at 55364.
Shares of Kearny Financial Corp (KRNY) traded higher by 0.98% or $0.09/share to $9.31. In the past year, the shares have traded as low as $7.86 and as high as $10.06. On average, 15270 shares of KRNY exchange hands on a given day and today's volume is recorded at 5166.
