Downward wedge patterns have been noticed on July 12 for the stocks China Eastern Airlines Corp. Ltd, Excel Trust, Inc, Cytec Industries Inc, Kinder Morgan, Inc, and Groupon, 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 China Eastern Airlines Corp. Ltd (CEA) traded higher by 1.68% or $0.26/share to $15.71. In the past year, the shares have traded as low as $13.25 and as high as $25.92. On average, 55360 shares of CEA exchange hands on a given day and today's volume is recorded at 19004.
Shares of Excel Trust, Inc (EXL) traded higher by 0.33% or $0.04/share to $12.08. In the past year, the shares have traded as low as $8.52 and as high as $12.80. On average, 111780 shares of EXL exchange hands on a given day and today's volume is recorded at 63998.
Shares of Cytec Industries Inc (CYT) fell by 0.32% or $-0.19/share to $58.82. In the past year, the shares have traded as low as $31.80 and as high as $64.87. On average, 590970 shares of CYT exchange hands on a given day and today's volume is recorded at 211680.
Shares of Kinder Morgan, Inc (KMI) traded higher by 0.88% or $0.29/share to $33.34. In the past year, the shares have traded as low as $22.85 and as high as $39.89. On average, 6794920 shares of KMI exchange hands on a given day and today's volume is recorded at 4777601.
Shares of Groupon, Inc (GRPN) traded higher by 2.70% or $0.21/share to $7.98. In the past year, the shares have traded as low as $7.72 and as high as $31.14. On average, 6383340 shares of GRPN exchange hands on a given day and today's volume is recorded at 15791020.
