Downward wedge patterns have been noticed on August 6 for the stocks Xylem Inc, RLJ Lodging Trust, Kosmos Energy Ltd, Peabody Energy Corp, and QuantShares US Market Neutral Size ETF. 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 Xylem Inc (XYL) traded higher by 0.42% or $0.10/share to $24.13. In the past year, the shares have traded as low as $22.43 and as high as $28.76. On average, 1000780 shares of XYL exchange hands on a given day and today's volume is recorded at 701857.
Shares of RLJ Lodging Trust (RLJ) traded higher by 0.63% or $0.11/share to $17.61. In the past year, the shares have traded as low as $11.26 and as high as $19.56. On average, 570770 shares of RLJ exchange hands on a given day and today's volume is recorded at 323061.
Shares of Kosmos Energy Ltd (KOS) traded higher by 6.38% or $0.60/share to $10.0. In the past year, the shares have traded as low as $9.11 and as high as $16.55. On average, 478570 shares of KOS exchange hands on a given day and today's volume is recorded at 363844.
Shares of Peabody Energy Corp (BTU) traded higher by 1.17% or $0.25/share to $21.54. In the past year, the shares have traded as low as $18.70 and as high as $52.32. On average, 9229350 shares of BTU exchange hands on a given day and today's volume is recorded at 5901166.
Shares of QuantShares US Market Neutral Size ETF (SIZ) traded higher by 0.04% or $0.01/share to $24.12. In the past year, the shares have traded as low as $23.90 and as high as $27.14. On average, 230 shares of SIZ exchange hands on a given day and today's volume is recorded at 1000.
