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Tuesday, July 3, 2012

Bullish Wedge Pattern Detected: (KMI), (AAV), (DECK), (SASR), (SWN)

Downward wedge patterns have been noticed on July 3 for the stocks Kinder Morgan, Inc, Advantage Oil & Gas Ltd, Deckers Outdoor Corp, Sandy Spring Bancorp Inc, and Southwestern Energy Co. 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 Kinder Morgan, Inc (KMI) traded higher by 1.28% or $0.42/share to $33.16. In the past year, the shares have traded as low as $22.85 and as high as $39.89. On average, 6623260 shares of KMI exchange hands on a given day and today's volume is recorded at 3181698.

Shares of Advantage Oil & Gas Ltd (AAV) traded higher by 6.76% or $0.20/share to $3.16. In the past year, the shares have traded as low as $2.47 and as high as $8.17. On average, 293970 shares of AAV exchange hands on a given day and today's volume is recorded at 204890.

Shares of Deckers Outdoor Corp (DECK) traded higher by 1.05% or $0.46/share to $44.18. In the past year, the shares have traded as low as $42.16 and as high as $118.89. On average, 1876430 shares of DECK exchange hands on a given day and today's volume is recorded at 497060.

Shares of Sandy Spring Bancorp Inc (SASR) traded higher by 1.62% or $0.30/share to $18.77. In the past year, the shares have traded as low as $13.40 and as high as $19.64. On average, 52680 shares of SASR exchange hands on a given day and today's volume is recorded at 27948.

Shares of Southwestern Energy Co (SWN) traded higher by 2.66% or $0.85/share to $32.75. In the past year, the shares have traded as low as $25.63 and as high as $49.25. On average, 6613330 shares of SWN exchange hands on a given day and today's volume is recorded at 2641110.