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Monday, June 11, 2012

Bullish Downward Wedge Detected: (BBG), (OPNT), (AAV), (KMR), (TIE)

Downward wedge patterns have been noticed on June 11 for the stocks Bill Barrett Corp, OPNET Technologies Inc, Advantage Oil & Gas Ltd, Kinder Morgan Management LLC, and Titanium Metals Corporation. 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 Bill Barrett Corp (BBG) fell by 3.45% or $-0.60/share to $16.8. In the past year, the shares have traded as low as $17.10 and as high as $52.13. On average, 1461860 shares of BBG exchange hands on a given day and today's volume is recorded at 633083.

Shares of OPNET Technologies Inc (OPNT) fell by 7.14% or $-1.93/share to $25.09. In the past year, the shares have traded as low as $22.08 and as high as $47.63. On average, 250780 shares of OPNT exchange hands on a given day and today's volume is recorded at 152889.

Shares of Advantage Oil & Gas Ltd (AAV) fell by 1.43% or $-0.04/share to $2.75. In the past year, the shares have traded as low as $2.51 and as high as $8.17. On average, 346390 shares of AAV exchange hands on a given day and today's volume is recorded at 365906.

Shares of Kinder Morgan Management LLC (KMR) traded higher by 0.10% or $0.07/share to $70.37. In the past year, the shares have traded as low as $54.07 and as high as $81.93. On average, 377600 shares of KMR exchange hands on a given day and today's volume is recorded at 136151.

Shares of Titanium Metals Corporation (TIE) fell by 2.63% or $-0.30/share to $11.09. In the past year, the shares have traded as low as $10.78 and as high as $18.77. On average, 1819280 shares of TIE exchange hands on a given day and today's volume is recorded at 1132443.