Downward wedge patterns have been noticed on July 19 for the stocks PerkinElmer Inc, Natural Resource Partners LP, Multi-Fineline Electronix Inc, and Cytec Industries 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 PerkinElmer Inc (PKI) traded higher by 0.68% or $0.17/share to $25.26. In the past year, the shares have traded as low as $17.27 and as high as $28.16. On average, 921130 shares of PKI exchange hands on a given day and today's volume is recorded at 672829.
Shares of Natural Resource Partners LP (NRP) traded higher by 3.03% or $0.60/share to $20.37. In the past year, the shares have traded as low as $19.29 and as high as $32.06. On average, 231170 shares of NRP exchange hands on a given day and today's volume is recorded at 358319.
Shares of Multi-Fineline Electronix Inc (MFLX) traded higher by 1.81% or $0.48/share to $26.94. In the past year, the shares have traded as low as $17.03 and as high as $28.70. On average, 43510 shares of MFLX exchange hands on a given day and today's volume is recorded at 21164.
Shares of Cytec Industries Inc (CYT) traded higher by 0.09% or $0.06/share to $64.79. In the past year, the shares have traded as low as $31.80 and as high as $65.40. On average, 573570 shares of CYT exchange hands on a given day and today's volume is recorded at 382309.
