Downward wedge patterns have been noticed on July 19 for the stocks Applied Industrial Technologies, Inc, Groupon, Inc, Micrel Inc, Xylem Inc, and Allison Transmission Holdings, 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 Applied Industrial Technologies, Inc (AIT) traded higher by 0.30% or $0.11/share to $37.32. In the past year, the shares have traded as low as $23.92 and as high as $41.78. On average, 243180 shares of AIT exchange hands on a given day and today's volume is recorded at 114418.
Shares of Groupon, Inc (GRPN) traded higher by 4.67% or $0.33/share to $7.4. In the past year, the shares have traded as low as $7.04 and as high as $31.14. On average, 7055010 shares of GRPN exchange hands on a given day and today's volume is recorded at 7039731.
Shares of Micrel Inc (MCRL) fell by 0.32% or $-0.03/share to $9.36. In the past year, the shares have traded as low as $8.72 and as high as $12.70. On average, 330250 shares of MCRL exchange hands on a given day and today's volume is recorded at 249956.
Shares of Xylem Inc (XYL) traded higher by 0.79% or $0.19/share to $24.12. In the past year, the shares have traded as low as $22.49 and as high as $28.76. On average, 953520 shares of XYL exchange hands on a given day and today's volume is recorded at 689502.
Shares of Allison Transmission Holdings, Inc (ALSN) fell by 0.12% or $-0.02/share to $16.88. In the past year, the shares have traded as low as $15.82 and as high as $25.14. On average, 484690 shares of ALSN exchange hands on a given day and today's volume is recorded at 235821.
