Downward wedge patterns have been noticed on June 29 for the stocks Diana Shipping Inc, The Interpublic Group of Companies, Inc, Exeter Resource Corporation, Swift Energy Co, and Chesapeake Lodging Trust Common Shares of Beneficial Interest. 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 Diana Shipping Inc (DSX) traded higher by 1.57% or $0.17/share to $10.97. In the past year, the shares have traded as low as $10.46 and as high as $14.23. On average, 596500 shares of DSX exchange hands on a given day and today's volume is recorded at 519371.
Shares of The Interpublic Group of Companies, Inc (IPG) traded higher by 0.58% or $0.07/share to $12.15. In the past year, the shares have traded as low as $6.79 and as high as $13.22. On average, 8388389 shares of IPG exchange hands on a given day and today's volume is recorded at 3930220.
Shares of Exeter Resource Corporation (XRA) fell by 0.72% or $-0.03/share to $4.16. In the past year, the shares have traded as low as $4.08 and as high as $7.20. On average, 318760 shares of XRA exchange hands on a given day and today's volume is recorded at 222757.
Shares of Swift Energy Co (SFY) traded higher by 3.75% or $1.32/share to $36.5. In the past year, the shares have traded as low as $24.71 and as high as $48.19. On average, 672580 shares of SFY exchange hands on a given day and today's volume is recorded at 736960.
Shares of Chesapeake Lodging Trust Common Shares of Beneficial Interest (CHSP) fell by 0.06% or $-0.01/share to $16.68. In the past year, the shares have traded as low as $14.37 and as high as $19.54. On average, 158910 shares of CHSP exchange hands on a given day and today's volume is recorded at 12650.
