Downward wedge patterns have been noticed on July 17 for the stocks Diana Shipping Inc, Cloud Peak Energy Inc, BB & T Corp, Sangamo Biosciences Inc, and Smith & Nephew plc. 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 1.60% or $0.17/share to $10.77. In the past year, the shares have traded as low as $10.46 and as high as $14.23. On average, 566420 shares of DSX exchange hands on a given day and today's volume is recorded at 324604.
Shares of Cloud Peak Energy Inc (CLD) traded higher by 1.53% or $0.32/share to $21.2. In the past year, the shares have traded as low as $14.09 and as high as $24.69. On average, 1272910 shares of CLD exchange hands on a given day and today's volume is recorded at 787166.
Shares of BB & T Corp (BBT) remained unchanged at $25.32. In the past year, the shares have traded as low as $21.20 and as high as $29.24. On average, 5786500 shares of BBT exchange hands on a given day and today's volume is recorded at 5846476.
Shares of Sangamo Biosciences Inc (SGMO) traded higher by 4.55% or $0.26/share to $5.98. In the past year, the shares have traded as low as $2.81 and as high as $9.15. On average, 478530 shares of SGMO exchange hands on a given day and today's volume is recorded at 371145.
Shares of Smith & Nephew plc (SNN) traded higher by 0.91% or $0.49/share to $54.06. In the past year, the shares have traded as low as $40.62 and as high as $59.82. On average, 175600 shares of SNN exchange hands on a given day and today's volume is recorded at 163763.
