Downward wedge patterns have been noticed on June 20 for the stocks Gulfmark Offshore, Inc, Natural Resource Partners LP, Vale S.A, Orbotech Ltd, and Internet Gold Golden Lines Ltd. 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 Gulfmark Offshore, Inc (GLF) traded higher by 0.30% or $0.12/share to $39.67. In the past year, the shares have traded as low as $25.24 and as high as $47.31. On average, 210210 shares of GLF exchange hands on a given day and today's volume is recorded at 85200.
Shares of Natural Resource Partners LP (NRP) fell by 0.39% or $-0.12/share to $30.88. In the past year, the shares have traded as low as $21.29 and as high as $37.20. On average, 277760 shares of NRP exchange hands on a given day and today's volume is recorded at 158918.
Shares of Vale S.A (VALE) traded higher by 1.54% or $0.46/share to $30.32. In the past year, the shares have traded as low as $23.22 and as high as $36.81. On average, 18707920 shares of VALE exchange hands on a given day and today's volume is recorded at 9383991.
Shares of Orbotech Ltd (ORBK) traded higher by 2.87% or $0.35/share to $12.54. In the past year, the shares have traded as low as $9.15 and as high as $15.62. On average, 180660 shares of ORBK exchange hands on a given day and today's volume is recorded at 167648.
Shares of Internet Gold Golden Lines Ltd (IGLD) fell by 1.72% or $-0.41/share to $23.4. In the past year, the shares have traded as low as $17.81 and as high as $35.25. On average, 6090 shares of IGLD exchange hands on a given day and today's volume is recorded at 1495.
