Downward wedge patterns have been noticed on August 22 for the stocks Vale S.A, Applied Micro Circuits Corp, Lululemon Athletica Inc, Investment Technology Group 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 Vale S.A (VALE) traded higher by 0.11% or $0.02/share to $17.87. In the past year, the shares have traded as low as $16.80 and as high as $27.08. On average, 17314720 shares of VALE exchange hands on a given day and today's volume is recorded at 14019647.
Shares of Applied Micro Circuits Corp (AMCC) traded higher by 3.87% or $0.20/share to $5.37. In the past year, the shares have traded as low as $4.50 and as high as $8.51. On average, 642550 shares of AMCC exchange hands on a given day and today's volume is recorded at 344415.
Shares of Lululemon Athletica Inc (LULU) traded higher by 2.92% or $1.78/share to $62.84. In the past year, the shares have traded as low as $41.70 and as high as $81.09. On average, 2987210 shares of LULU exchange hands on a given day and today's volume is recorded at 2283617.
Shares of Investment Technology Group Inc (ITG) fell by 0.35% or $-0.03/share to $8.46. In the past year, the shares have traded as low as $7.43 and as high as $12.36. On average, 290680 shares of ITG exchange hands on a given day and today's volume is recorded at 270396.
Shares of The Wendy's Company (WEN) fell by 0.46% or $-0.02/share to $4.33. In the past year, the shares have traded as low as $4.23 and as high as $5.51. On average, 2445590 shares of WEN exchange hands on a given day and today's volume is recorded at 976380.
