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Friday, June 8, 2012

Technical Downward Wedge: (FF), (NUAN), (KCLI), (KMR), (TIE)

Downward wedge patterns have been noticed on June 8 for the stocks FutureFuel Corp, Nuance Communications, Inc, Kansas City Life Insurance Company, 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 FutureFuel Corp (FF) traded higher by 2.52% or $0.25/share to $10.16. In the past year, the shares have traded as low as $9.01 and as high as $12.86. On average, 42090 shares of FF exchange hands on a given day and today's volume is recorded at 28373.

Shares of Nuance Communications, Inc (NUAN) traded higher by 1.58% or $0.33/share to $21.22. In the past year, the shares have traded as low as $15.56 and as high as $31.15. On average, 4103069 shares of NUAN exchange hands on a given day and today's volume is recorded at 1933131.

Shares of Kansas City Life Insurance Company (KCLI) traded higher by 0.22% or $0.07/share to $32.52. In the past year, the shares have traded as low as $27.32 and as high as $35.21. On average, 10350 shares of KCLI exchange hands on a given day and today's volume is recorded at 7781.

Shares of Kinder Morgan Management LLC (KMR) fell by 0.74% or $-0.52/share to $69.99. In the past year, the shares have traded as low as $54.07 and as high as $81.93. On average, 378130 shares of KMR exchange hands on a given day and today's volume is recorded at 139582.

Shares of Titanium Metals Corporation (TIE) fell by 0.35% or $-0.04/share to $11.37. In the past year, the shares have traded as low as $10.85 and as high as $18.90. On average, 1822290 shares of TIE exchange hands on a given day and today's volume is recorded at 1135785.