Downward wedge patterns have been noticed on July 1 for the stocks Teekay Tankers Ltd, Exeter Resource Corporation, Schlumberger Limited, Hologic Inc, 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 Teekay Tankers Ltd (TNK) fell by 0.74% or $-0.07/share to $9.33. In the past year, the shares have traded as low as $8.42 and as high as $12.67. On average, 539650 shares of TNK exchange hands on a given day and today's volume is recorded at 287063.
Shares of Exeter Resource Corporation (XRA) traded higher by 1.20% or $0.05/share to $4.23. In the past year, the shares have traded as low as $4.08 and as high as $7.20. On average, 321210 shares of XRA exchange hands on a given day and today's volume is recorded at 166613.
Shares of Schlumberger Limited (SLB) traded higher by 1.39% or $1.20/share to $87.6. In the past year, the shares have traded as low as $52.46 and as high as $95.36. On average, 8298900 shares of SLB exchange hands on a given day and today's volume is recorded at 7252062.
Shares of Hologic Inc (HOLX) traded higher by 0.55% or $0.11/share to $20.28. In the past year, the shares have traded as low as $13.22 and as high as $23.24. On average, 2082050 shares of HOLX exchange hands on a given day and today's volume is recorded at 3035269.
Shares of Chesapeake Lodging Trust Common Shares of Beneficial Interest (CHSP) fell by 2.05% or $-0.35/share to $16.71. In the past year, the shares have traded as low as $14.37 and as high as $19.54. On average, 152980 shares of CHSP exchange hands on a given day and today's volume is recorded at 279847.
