Downward wedge patterns have been noticed on July 14 for the stocks Transocean Ltd, Energen Corp, Chemical Financial Corp, Lazard Ltd, and Teck Resources Limited. 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 Transocean Ltd (RIG) fell by 0.13% or $-0.08/share to $60.55. In the past year, the shares have traded as low as $43.78 and as high as $84.98. On average, 4554260 shares of RIG exchange hands on a given day and today's volume is recorded at 4984240.
Shares of Energen Corp (EGN) traded higher by 0.21% or $0.12/share to $57.24. In the past year, the shares have traded as low as $41.78 and as high as $65.30. On average, 513740 shares of EGN exchange hands on a given day and today's volume is recorded at 771359.
Shares of Chemical Financial Corp (CHFC) fell by 1.20% or $-0.23/share to $18.88. In the past year, the shares have traded as low as $17.85 and as high as $22.58. On average, 73060 shares of CHFC exchange hands on a given day and today's volume is recorded at 46563.
Shares of Lazard Ltd (LAZ) fell by 0.73% or $-0.25/share to $33.97. In the past year, the shares have traded as low as $27.15 and as high as $46.36. On average, 796450 shares of LAZ exchange hands on a given day and today's volume is recorded at 691625.
Shares of Teck Resources Limited (TCK) fell by 2.58% or $-1.34/share to $50.52. In the past year, the shares have traded as low as $29.95 and as high as $64.94. On average, 3594690 shares of TCK exchange hands on a given day and today's volume is recorded at 3151102.
