Downward wedge patterns have been noticed on July 31 for the stocks Graco Inc, The Wendy's Company, Micrel Inc, PerkinElmer Inc, and Xylem 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 Graco Inc (GGG) traded higher by 0.68% or $0.31/share to $45.88. In the past year, the shares have traded as low as $31.37 and as high as $56.37. On average, 375850 shares of GGG exchange hands on a given day and today's volume is recorded at 361953.
Shares of The Wendy's Company (WEN) remained unchanged at $4.59. In the past year, the shares have traded as low as $4.23 and as high as $5.51. On average, 2940440 shares of WEN exchange hands on a given day and today's volume is recorded at 1271615.
Shares of Micrel Inc (MCRL) fell by 0.43% or $-0.04/share to $9.34. In the past year, the shares have traded as low as $8.72 and as high as $12.70. On average, 297420 shares of MCRL exchange hands on a given day and today's volume is recorded at 199718.
Shares of PerkinElmer Inc (PKI) fell by 0.27% or $-0.07/share to $25.55. In the past year, the shares have traded as low as $17.27 and as high as $28.16. On average, 860280 shares of PKI exchange hands on a given day and today's volume is recorded at 523348.
Shares of Xylem Inc (XYL) fell by 0.91% or $-0.22/share to $23.98. In the past year, the shares have traded as low as $22.49 and as high as $28.76. On average, 970400 shares of XYL exchange hands on a given day and today's volume is recorded at 630499.
