Downward wedge patterns have been noticed on July 8 for the stocks WESCO International Inc, Altra Holdings, Inc, Kinder Morgan, Inc, Excel Trust, Inc, and Emergent BioSolutions, 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 WESCO International Inc (WCC) fell by 2.95% or $-1.80/share to $59.17. In the past year, the shares have traded as low as $31.08 and as high as $68.19. On average, 729380 shares of WCC exchange hands on a given day and today's volume is recorded at 595900.
Shares of Altra Holdings, Inc (AIMC) fell by 1.94% or $-0.32/share to $16.41. In the past year, the shares have traded as low as $10.09 and as high as $25.91. On average, 133150 shares of AIMC exchange hands on a given day and today's volume is recorded at 90168.
Shares of Kinder Morgan, Inc (KMI) fell by 0.90% or $-0.30/share to $32.96. In the past year, the shares have traded as low as $22.85 and as high as $39.89. On average, 6774560 shares of KMI exchange hands on a given day and today's volume is recorded at 2518982.
Shares of Excel Trust, Inc (EXL) traded higher by 0.17% or $0.02/share to $12.05. In the past year, the shares have traded as low as $8.52 and as high as $12.80. On average, 114450 shares of EXL exchange hands on a given day and today's volume is recorded at 56868.
Shares of Emergent BioSolutions, Inc (EBS) fell by 3.10% or $-0.48/share to $15.02. In the past year, the shares have traded as low as $13.30 and as high as $22.84. On average, 167920 shares of EBS exchange hands on a given day and today's volume is recorded at 101769.
