Downward wedge patterns have been noticed on June 26 for the stocks Teekay Tankers Ltd, Camelot Information Systems Inc, Schlumberger Limited, Mitsui & Co. Ltd, and Exxon Mobil Corporation. 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 Teekay Tankers Ltd (TNK) fell by 0.65% or $-0.06/share to $9.21. In the past year, the shares have traded as low as $8.42 and as high as $12.67. On average, 573510 shares of TNK exchange hands on a given day and today's volume is recorded at 880097.
Shares of Camelot Information Systems Inc (CIS) fell by 1.50% or $-0.22/share to $14.49. In the past year, the shares have traded as low as $12.75 and as high as $28.18. On average, 608060 shares of CIS exchange hands on a given day and today's volume is recorded at 295121.
Shares of Schlumberger Limited (SLB) fell by 2.59% or $-2.15/share to $80.92. In the past year, the shares have traded as low as $52.46 and as high as $95.36. On average, 8409210 shares of SLB exchange hands on a given day and today's volume is recorded at 9922256.
Shares of Mitsui & Co. Ltd (MITSY) remained unchanged at $330.63. In the past year, the shares have traded as low as $233.63 and as high as $375.37. On average, 6770 shares of MITSY exchange hands on a given day and today's volume is recorded at 0.
Shares of Exxon Mobil Corporation (XOM) fell by 2.12% or $-1.66/share to $76.78. In the past year, the shares have traded as low as $54.59 and as high as $87.73. On average, 17800280 shares of XOM exchange hands on a given day and today's volume is recorded at 36260480.
