Downward wedge patterns have been noticed on July 2 for the stocks Dresser-Rand Group Inc, Southwestern Energy Co, The Wendy's Company, H&E Equipment Services Inc, and WESCO International 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 Dresser-Rand Group Inc (DRC) traded higher by 0.61% or $0.27/share to $44.81. In the past year, the shares have traded as low as $34.68 and as high as $56.53. On average, 735990 shares of DRC exchange hands on a given day and today's volume is recorded at 467086.
Shares of Southwestern Energy Co (SWN) fell by 0.25% or $-0.08/share to $31.85. In the past year, the shares have traded as low as $25.63 and as high as $49.25. On average, 6571480 shares of SWN exchange hands on a given day and today's volume is recorded at 4598674.
Shares of The Wendy's Company (WEN) fell by 1.06% or $-0.05/share to $4.67. In the past year, the shares have traded as low as $4.23 and as high as $5.53. On average, 3431680 shares of WEN exchange hands on a given day and today's volume is recorded at 2280541.
Shares of H&E Equipment Services Inc (HEES) fell by 3.33% or $-0.50/share to $14.53. In the past year, the shares have traded as low as $6.80 and as high as $21.00. On average, 253460 shares of HEES exchange hands on a given day and today's volume is recorded at 152438.
Shares of WESCO International Inc (WCC) traded higher by 0.57% or $0.33/share to $57.88. In the past year, the shares have traded as low as $31.08 and as high as $68.19. On average, 718760 shares of WCC exchange hands on a given day and today's volume is recorded at 401329.
