Downward wedge patterns have been noticed on July 27 for the stocks Altra Holdings, Inc, BRF - Brasil Foods S.A, Allison Transmission Holdings, Inc, Hollysys Automation Technologies, Ltd, and Kosmos Energy Ltd. 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 Altra Holdings, Inc (AIMC) traded higher by 8.62% or $1.32/share to $16.64. In the past year, the shares have traded as low as $10.08 and as high as $24.16. On average, 132470 shares of AIMC exchange hands on a given day and today's volume is recorded at 150185.
Shares of BRF - Brasil Foods S.A (BRFS) traded higher by 3.02% or $0.42/share to $14.31. In the past year, the shares have traded as low as $13.61 and as high as $21.62. On average, 1869670 shares of BRFS exchange hands on a given day and today's volume is recorded at 2263873.
Shares of Allison Transmission Holdings, Inc (ALSN) traded higher by 1.34% or $0.24/share to $18.09. In the past year, the shares have traded as low as $15.82 and as high as $25.14. On average, 417900 shares of ALSN exchange hands on a given day and today's volume is recorded at 345812.
Shares of Hollysys Automation Technologies, Ltd (HOLI) traded higher by 3.79% or $0.29/share to $7.94. In the past year, the shares have traded as low as $4.54 and as high as $11.35. On average, 175120 shares of HOLI exchange hands on a given day and today's volume is recorded at 63979.
Shares of Kosmos Energy Ltd (KOS) traded higher by 4.02% or $0.39/share to $10.08. In the past year, the shares have traded as low as $9.56 and as high as $16.55. On average, 495930 shares of KOS exchange hands on a given day and today's volume is recorded at 221777.
