Downward wedge patterns have been noticed on September 3 for the stocks RLJ Lodging Trust, Teck Resources Limited, Nxstage Medical, Inc, The Wendy's Company, and Raymond James Financial Inc. 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 RLJ Lodging Trust (RLJ) fell by 0.45% or $-0.08/share to $17.84. In the past year, the shares have traded as low as $11.35 and as high as $19.56. On average, 608090 shares of RLJ exchange hands on a given day and today's volume is recorded at 159972.
Shares of Teck Resources Limited (TCK) traded higher by 0.91% or $0.25/share to $27.7. In the past year, the shares have traded as low as $25.16 and as high as $44.21. On average, 2340910 shares of TCK exchange hands on a given day and today's volume is recorded at 2171766.
Shares of Nxstage Medical, Inc (NXTM) traded higher by 1.11% or $0.14/share to $12.75. In the past year, the shares have traded as low as $11.98 and as high as $24.06. On average, 446490 shares of NXTM exchange hands on a given day and today's volume is recorded at 338038.
Shares of The Wendy's Company (WEN) fell by 0.93% or $-0.04/share to $4.27. In the past year, the shares have traded as low as $4.14 and as high as $5.49. On average, 2335680 shares of WEN exchange hands on a given day and today's volume is recorded at 1776928.
Shares of Raymond James Financial Inc (RJF) traded higher by 0.26% or $0.09/share to $35.2. In the past year, the shares have traded as low as $22.89 and as high as $37.90. On average, 603690 shares of RJF exchange hands on a given day and today's volume is recorded at 398683.
