Downward wedge patterns have been noticed on June 30 for the stocks Raytheon Co, Chesapeake Lodging Trust Common Shares of Beneficial Interest, Swift Energy Co, Internet Gold Golden Lines Ltd, and Move, 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 Raytheon Co (RTN) traded higher by 1.51% or $0.74/share to $49.81. In the past year, the shares have traded as low as $41.61 and as high as $52.68. On average, 2593340 shares of RTN exchange hands on a given day and today's volume is recorded at 840650.
Shares of Chesapeake Lodging Trust Common Shares of Beneficial Interest (CHSP) traded higher by 1.56% or $0.26/share to $16.95. In the past year, the shares have traded as low as $14.37 and as high as $19.54. On average, 156860 shares of CHSP exchange hands on a given day and today's volume is recorded at 36166.
Shares of Swift Energy Co (SFY) traded higher by 0.08% or $0.03/share to $37.01. In the past year, the shares have traded as low as $24.71 and as high as $48.19. On average, 683040 shares of SFY exchange hands on a given day and today's volume is recorded at 661522.
Shares of Internet Gold Golden Lines Ltd (IGLD) remained unchanged at $21.8. In the past year, the shares have traded as low as $17.81 and as high as $35.25. On average, 5860 shares of IGLD exchange hands on a given day and today's volume is recorded at 0.
Shares of Move, Inc (MOVE) fell by 3.11% or $-0.07/share to $2.18. In the past year, the shares have traded as low as $1.80 and as high as $2.89. On average, 1394440 shares of MOVE exchange hands on a given day and today's volume is recorded at 943255.
