Downward wedge patterns have been noticed on July 27 for the stocks Aetna Inc, SPX Corporation, The Wendy's Company, Xylem Inc, and Intel Corporation. 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 Aetna Inc (AET) traded higher by 3.88% or $1.37/share to $36.67. In the past year, the shares have traded as low as $32.89 and as high as $50.72. On average, 4938310 shares of AET exchange hands on a given day and today's volume is recorded at 4065674.
Shares of SPX Corporation (SPW) traded higher by 5.26% or $3.19/share to $63.79. In the past year, the shares have traded as low as $40.21 and as high as $79.12. On average, 700690 shares of SPW exchange hands on a given day and today's volume is recorded at 468645.
Shares of The Wendy's Company (WEN) traded higher by 1.56% or $0.07/share to $4.55. In the past year, the shares have traded as low as $4.23 and as high as $5.51. On average, 2957780 shares of WEN exchange hands on a given day and today's volume is recorded at 1551234.
Shares of Xylem Inc (XYL) traded higher by 1.98% or $0.47/share to $24.2. In the past year, the shares have traded as low as $22.49 and as high as $28.76. On average, 963510 shares of XYL exchange hands on a given day and today's volume is recorded at 810636.
Shares of Intel Corporation (INTC) traded higher by 2.04% or $0.52/share to $26.02. In the past year, the shares have traded as low as $18.70 and as high as $29.27. On average, 38171690 shares of INTC exchange hands on a given day and today's volume is recorded at 33329244.
