Downward wedge patterns have been noticed on July 12 for the stocks Stanley Black & Decker, Inc, Diodes Incorporated, SPX Corporation, Multi-Fineline Electronix Inc, and Genesis Energy LP. 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 Stanley Black & Decker, Inc (SWK) traded higher by 0.03% or $0.02/share to $59.54. In the past year, the shares have traded as low as $46.21 and as high as $81.37. On average, 2080659 shares of SWK exchange hands on a given day and today's volume is recorded at 1749762.
Shares of Diodes Incorporated (DIOD) fell by 1.07% or $-0.19/share to $17.55. In the past year, the shares have traded as low as $16.74 and as high as $27.57. On average, 269530 shares of DIOD exchange hands on a given day and today's volume is recorded at 258489.
Shares of SPX Corporation (SPW) traded higher by 0.91% or $0.54/share to $59.56. In the past year, the shares have traded as low as $40.21 and as high as $82.45. On average, 714370 shares of SPW exchange hands on a given day and today's volume is recorded at 462148.
Shares of Multi-Fineline Electronix Inc (MFLX) fell by 0.84% or $-0.21/share to $24.65. In the past year, the shares have traded as low as $17.03 and as high as $28.70. On average, 44150 shares of MFLX exchange hands on a given day and today's volume is recorded at 17305.
Shares of Genesis Energy LP (GEL) remained unchanged at $30.54. In the past year, the shares have traded as low as $19.91 and as high as $33.33. On average, 187800 shares of GEL exchange hands on a given day and today's volume is recorded at 99000.
