Downward wedge patterns have been noticed on August 21 for the stocks iGATE Corporation, RLJ Lodging Trust, Interactive Brokers Group, Inc, Raymond James Financial Inc, and The Wendy's Company. 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 iGATE Corporation (IGTE) traded higher by 1.10% or $0.18/share to $16.48. In the past year, the shares have traded as low as $9.32 and as high as $19.97. On average, 154100 shares of IGTE exchange hands on a given day and today's volume is recorded at 98424.
Shares of RLJ Lodging Trust (RLJ) traded higher by 0.73% or $0.13/share to $18.02. In the past year, the shares have traded as low as $11.26 and as high as $19.56. On average, 605940 shares of RLJ exchange hands on a given day and today's volume is recorded at 246591.
Shares of Interactive Brokers Group, Inc (IBKR) traded higher by 0.15% or $0.02/share to $13.75. In the past year, the shares have traded as low as $12.74 and as high as $17.37. On average, 364130 shares of IBKR exchange hands on a given day and today's volume is recorded at 234610.
Shares of Raymond James Financial Inc (RJF) traded higher by 0.68% or $0.24/share to $35.35. In the past year, the shares have traded as low as $22.90 and as high as $37.90. On average, 631880 shares of RJF exchange hands on a given day and today's volume is recorded at 460624.
Shares of The Wendy's Company (WEN) remained unchanged at $4.35. In the past year, the shares have traded as low as $4.23 and as high as $5.51. On average, 2468250 shares of WEN exchange hands on a given day and today's volume is recorded at 1803068.
