Downward wedge patterns have been noticed on June 8 for the stocks Tootsie Roll Industries Inc, OPNET Technologies Inc, France Telecom, Tellabs Inc, and RTI International Metals, Inc. 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 Tootsie Roll Industries Inc (TR) traded higher by 1.29% or $0.29/share to $22.83. In the past year, the shares have traded as low as $21.63 and as high as $29.62. On average, 123710 shares of TR exchange hands on a given day and today's volume is recorded at 34008.
Shares of OPNET Technologies Inc (OPNT) traded higher by 0.67% or $0.18/share to $27.08. In the past year, the shares have traded as low as $22.08 and as high as $47.63. On average, 255160 shares of OPNT exchange hands on a given day and today's volume is recorded at 101874.
Shares of France Telecom (FTE) traded higher by 3.20% or $0.38/share to $12.24. In the past year, the shares have traded as low as $11.44 and as high as $18.74. On average, 1966180 shares of FTE exchange hands on a given day and today's volume is recorded at 2925913.
Shares of Tellabs Inc (TLAB) fell by 0.70% or $-0.03/share to $3.55. In the past year, the shares have traded as low as $3.47 and as high as $4.69. On average, 2221480 shares of TLAB exchange hands on a given day and today's volume is recorded at 1787505.
Shares of RTI International Metals, Inc (RTI) fell by 0.05% or $-0.01/share to $21.88. In the past year, the shares have traded as low as $20.07 and as high as $38.96. On average, 495850 shares of RTI exchange hands on a given day and today's volume is recorded at 196074.
