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Sunday, July 1, 2012

Stocks with Downward Wedge Patterns: (GEL), (AAV), (KMR), (NRGM), (OPNT)

Downward wedge patterns have been noticed on July 1 for the stocks Genesis Energy LP, Advantage Oil & Gas Ltd, Kinder Morgan Management LLC, Inergy Midstream LLC, and OPNET Technologies 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 Genesis Energy LP (GEL) traded higher by 1.11% or $0.32/share to $29.07. In the past year, the shares have traded as low as $19.91 and as high as $33.33. On average, 201440 shares of GEL exchange hands on a given day and today's volume is recorded at 224968.

Shares of Advantage Oil & Gas Ltd (AAV) traded higher by 4.58% or $0.13/share to $2.97. In the past year, the shares have traded as low as $2.47 and as high as $8.17. On average, 289830 shares of AAV exchange hands on a given day and today's volume is recorded at 410271.

Shares of Kinder Morgan Management LLC (KMR) traded higher by 2.53% or $1.81/share to $73.42. In the past year, the shares have traded as low as $54.07 and as high as $81.93. On average, 362460 shares of KMR exchange hands on a given day and today's volume is recorded at 316819.

Shares of Inergy Midstream LLC (NRGM) traded higher by 0.68% or $0.14/share to $20.76. In the past year, the shares have traded as low as $15.95 and as high as $22.42. On average, 96670 shares of NRGM exchange hands on a given day and today's volume is recorded at 89177.

Shares of OPNET Technologies Inc (OPNT) traded higher by 4.15% or $1.06/share to $26.59. In the past year, the shares have traded as low as $21.95 and as high as $47.35. On average, 228490 shares of OPNT exchange hands on a given day and today's volume is recorded at 66871.