These stocks, Vanguard Health Systems Inc, RPC Inc, Global Power Equipment Group Inc, Grupo Aeroportuario Centro Norte, S.A. de C.V, and LM Ericsson Telephone Co, have been showing multiple bottom patterns on March 25. Multiple tops are a reverse chart pattern where a stock is in a downard trend and hits a resistance level several times. After hitting resistance levels, the stock reverses and continues on a upward trend. As the stock is in a downtrend and hits the resistance level, the stock heads back up forming a reverse swing top. As the upward trend loses steam, the stock heads back down again to the resistance level. This forms a bottom and when this happens more than 2 or 3 times its called a multiple bottom. Investors should pay attention to the resistance levels and should maybe consider buying at these levels.
Shares of Vanguard Health Systems Inc (VHS) traded higher by 2.20% or $0.22/share to $10.22. In the past year, the shares have traded as low as $8.60 and as high as $18.58. On average, 187110 shares of VHS exchange hands on a given day and today's volume is recorded at 59200.
Shares of RPC Inc (RES) traded higher by 2.51% or $0.25/share to $10.23. In the past year, the shares have traded as low as $9.30 and as high as $18.99. On average, 2790030 shares of RES exchange hands on a given day and today's volume is recorded at 980470.
Shares of Global Power Equipment Group Inc (GLPW) traded higher by 0.25% or $0.07/share to $27.59. In the past year, the shares have traded as low as $20.89 and as high as $30.18. On average, 40640 shares of GLPW exchange hands on a given day and today's volume is recorded at 45330.
Shares of Grupo Aeroportuario Centro Norte, S.A. de C.V (OMAB) fell by 0.68% or $-0.11/share to $16.0. In the past year, the shares have traded as low as $11.66 and as high as $18.54. On average, 17960 shares of OMAB exchange hands on a given day and today's volume is recorded at 280766.
Shares of LM Ericsson Telephone Co (ERIC) traded higher by 0.91% or $0.09/share to $9.99. In the past year, the shares have traded as low as $8.58 and as high as $15.44. On average, 5232640 shares of ERIC exchange hands on a given day and today's volume is recorded at 5057264.
