Downward wedge patterns have been noticed on July 17 for the stocks WisdomTree Emerging Markets Equity Inc, Chesapeake Lodging Trust Common Shares of Beneficial Interest, Noble Corp, Camelot Information Systems Inc, and Orbotech Ltd. 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 WisdomTree Emerging Markets Equity Inc (DEM) traded higher by 0.84% or $0.50/share to $59.79. In the past year, the shares have traded as low as $45.97 and as high as $63.88. On average, 313550 shares of DEM exchange hands on a given day and today's volume is recorded at 174924.
Shares of Chesapeake Lodging Trust Common Shares of Beneficial Interest (CHSP) traded higher by 1.72% or $0.29/share to $17.11. In the past year, the shares have traded as low as $15.01 and as high as $19.54. On average, 140110 shares of CHSP exchange hands on a given day and today's volume is recorded at 127865.
Shares of Noble Corp (NE) traded higher by 3.60% or $1.30/share to $37.39. In the past year, the shares have traded as low as $28.20 and as high as $46.57. On average, 3712640 shares of NE exchange hands on a given day and today's volume is recorded at 4454181.
Shares of Camelot Information Systems Inc (CIS) fell by 6.13% or $-0.82/share to $12.55. In the past year, the shares have traded as low as $12.64 and as high as $28.18. On average, 619510 shares of CIS exchange hands on a given day and today's volume is recorded at 694350.
Shares of Orbotech Ltd (ORBK) fell by 0.17% or $-0.02/share to $12.0. In the past year, the shares have traded as low as $9.15 and as high as $15.62. On average, 185880 shares of ORBK exchange hands on a given day and today's volume is recorded at 109646.
