Downward wedge patterns have been noticed on June 17 for the stocks RTI International Metals, Inc, Kinder Morgan Management LLC, MannKind Corp, Southwestern Energy Co, and Excel Trust, 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 RTI International Metals, Inc (RTI) traded higher by 3.79% or $0.79/share to $21.61. In the past year, the shares have traded as low as $20.07 and as high as $38.96. On average, 492000 shares of RTI exchange hands on a given day and today's volume is recorded at 891470.
Shares of Kinder Morgan Management LLC (KMR) fell by 0.88% or $-0.62/share to $69.83. In the past year, the shares have traded as low as $54.07 and as high as $81.93. On average, 367490 shares of KMR exchange hands on a given day and today's volume is recorded at 499240.
Shares of MannKind Corp (MNKD) traded higher by 6.56% or $0.12/share to $1.95. In the past year, the shares have traded as low as $1.57 and as high as $4.30. On average, 1416070 shares of MNKD exchange hands on a given day and today's volume is recorded at 2109100.
Shares of Southwestern Energy Co (SWN) traded higher by 1.63% or $0.44/share to $27.38. In the past year, the shares have traded as low as $25.63 and as high as $49.25. On average, 6067590 shares of SWN exchange hands on a given day and today's volume is recorded at 6520806.
Shares of Excel Trust, Inc (EXL) traded higher by 0.63% or $0.07/share to $11.27. In the past year, the shares have traded as low as $8.65 and as high as $12.98. On average, 99360 shares of EXL exchange hands on a given day and today's volume is recorded at 321832.
http://www.takeoverchatter.com/2012/06/alert-for-upward-wedge-forming-rti-kmr.html