Downward wedge patterns have been noticed on July 5 for the stocks Chesapeake Lodging Trust Common Shares of Beneficial Interest, Hologic Inc, Swift Energy Co, China Digital TV Holding Co., Ltd, and Cloud Peak Energy 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 Chesapeake Lodging Trust Common Shares of Beneficial Interest (CHSP) traded higher by 0.12% or $0.02/share to $16.73. In the past year, the shares have traded as low as $14.64 and as high as $19.54. On average, 142300 shares of CHSP exchange hands on a given day and today's volume is recorded at 103035.
Shares of Hologic Inc (HOLX) traded higher by 0.17% or $0.03/share to $20.32. In the past year, the shares have traded as low as $13.22 and as high as $23.25. On average, 2099510 shares of HOLX exchange hands on a given day and today's volume is recorded at 799780.
Shares of Swift Energy Co (SFY) fell by 1.37% or $-0.53/share to $38.09. In the past year, the shares have traded as low as $24.71 and as high as $48.19. On average, 705860 shares of SFY exchange hands on a given day and today's volume is recorded at 360735.
Shares of China Digital TV Holding Co., Ltd (STV) fell by 0.38% or $-0.02/share to $5.18. In the past year, the shares have traded as low as $4.94 and as high as $9.49. On average, 221320 shares of STV exchange hands on a given day and today's volume is recorded at 54647.
Shares of Cloud Peak Energy Inc (CLD) traded higher by 1.31% or $0.28/share to $21.7. In the past year, the shares have traded as low as $13.14 and as high as $24.69. On average, 1387220 shares of CLD exchange hands on a given day and today's volume is recorded at 418225.
