Downward wedge patterns have been noticed on June 11 for the stocks RTI International Metals, Inc, Tootsie Roll Industries Inc, Nuance Communications, Inc, Tellabs Inc, and First Busey 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 RTI International Metals, Inc (RTI) fell by 4.79% or $-1.05/share to $20.87. In the past year, the shares have traded as low as $20.07 and as high as $38.96. On average, 494840 shares of RTI exchange hands on a given day and today's volume is recorded at 314394.
Shares of Tootsie Roll Industries Inc (TR) fell by 0.44% or $-0.10/share to $22.7. In the past year, the shares have traded as low as $21.63 and as high as $29.62. On average, 122990 shares of TR exchange hands on a given day and today's volume is recorded at 24238.
Shares of Nuance Communications, Inc (NUAN) fell by 0.47% or $-0.10/share to $21.14. In the past year, the shares have traded as low as $15.56 and as high as $31.15. On average, 4074320 shares of NUAN exchange hands on a given day and today's volume is recorded at 3045150.
Shares of Tellabs Inc (TLAB) traded higher by 1.13% or $0.04/share to $3.57. In the past year, the shares have traded as low as $3.47 and as high as $4.68. On average, 2262340 shares of TLAB exchange hands on a given day and today's volume is recorded at 2487132.
Shares of First Busey Corporation (BUSE) fell by 1.06% or $-0.05/share to $4.76. In the past year, the shares have traded as low as $3.67 and as high as $5.37. On average, 149280 shares of BUSE exchange hands on a given day and today's volume is recorded at 113905.
