Downward wedge patterns have been noticed on July 15 for the stocks Exterran Holdings, Inc, PMC-Sierra Inc, Orbotech Ltd, Medidata Solutions, 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 Exterran Holdings, Inc (EXH) traded higher by 1.19% or $0.22/share to $18.71. In the past year, the shares have traded as low as $18.27 and as high as $29.96. On average, 842160 shares of EXH exchange hands on a given day and today's volume is recorded at 416679.
Shares of PMC-Sierra Inc (PMCS) fell by 0.56% or $-0.04/share to $7.12. In the past year, the shares have traded as low as $6.83 and as high as $9.20. On average, 2840800 shares of PMCS exchange hands on a given day and today's volume is recorded at 1208849.
Shares of Orbotech Ltd (ORBK) fell by 0.33% or $-0.04/share to $11.98. 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 100914.
Shares of Medidata Solutions, Inc (MDSO) fell by 5.02% or $-1.19/share to $22.51. In the past year, the shares have traded as low as $14.75 and as high as $27.39. On average, 206280 shares of MDSO exchange hands on a given day and today's volume is recorded at 375798.
Shares of Smith & Nephew plc (SNN) traded higher by 0.56% or $0.30/share to $53.87. 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 145693.
