Downward wedge patterns have been noticed on August 22 for the stocks Black Hills Corporation, Raymond James Financial Inc, and RLJ Lodging Trust. 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 Black Hills Corporation (BKH) fell by 0.32% or $-0.10/share to $31.32. In the past year, the shares have traded as low as $26.91 and as high as $34.63. On average, 521789 shares of BKH exchange hands on a given day and today's volume is recorded at 158674.
Shares of Raymond James Financial Inc (RJF) fell by 0.11% or $-0.04/share to $35.31. In the past year, the shares have traded as low as $22.89 and as high as $37.90. On average, 624570 shares of RJF exchange hands on a given day and today's volume is recorded at 445978.
Shares of RLJ Lodging Trust (RLJ) fell by 0.22% or $-0.04/share to $17.98. In the past year, the shares have traded as low as $11.26 and as high as $19.56. On average, 605640 shares of RLJ exchange hands on a given day and today's volume is recorded at 340809.
