Downward wedge patterns have been noticed on June 3 for the stocks Kinder Morgan Management LLC, Kansas City Life Insurance Company, Universal American Corp, Genesis Energy LP, and LTX-Credence 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 Kinder Morgan Management LLC (KMR) fell by 1.59% or $-1.13/share to $69.9. In the past year, the shares have traded as low as $54.07 and as high as $81.93. On average, 361910 shares of KMR exchange hands on a given day and today's volume is recorded at 349135.
Shares of Kansas City Life Insurance Company (KCLI) traded higher by 0.38% or $0.12/share to $31.3. In the past year, the shares have traded as low as $27.32 and as high as $35.21. On average, 9920 shares of KCLI exchange hands on a given day and today's volume is recorded at 8657.
Shares of Universal American Corp (UAM) fell by 2.34% or $-0.23/share to $9.6. In the past year, the shares have traded as low as $8.79 and as high as $13.62. On average, 266010 shares of UAM exchange hands on a given day and today's volume is recorded at 233561.
Shares of Genesis Energy LP (GEL) fell by 4.00% or $-1.15/share to $27.62. In the past year, the shares have traded as low as $19.91 and as high as $33.33. On average, 263950 shares of GEL exchange hands on a given day and today's volume is recorded at 219800.
Shares of LTX-Credence Corporation (LTXC) fell by 6.62% or $-0.47/share to $6.63. In the past year, the shares have traded as low as $4.81 and as high as $9.52. On average, 275520 shares of LTXC exchange hands on a given day and today's volume is recorded at 247206.
