Downward wedge patterns have been noticed on July 8 for the stocks Capella Education Co, Webster Financial Corp, Internet Gold Golden Lines Ltd, AerCap Holdings N.V, and Camelot Information Systems 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 Capella Education Co (CPLA) fell by 2.76% or $-1.26/share to $44.4. In the past year, the shares have traded as low as $41.64 and as high as $96.50. On average, 186520 shares of CPLA exchange hands on a given day and today's volume is recorded at 194387.
Shares of Webster Financial Corp (WBS) fell by 1.29% or $-0.28/share to $21.37. In the past year, the shares have traded as low as $15.49 and as high as $23.67. On average, 520700 shares of WBS exchange hands on a given day and today's volume is recorded at 231454.
Shares of Internet Gold Golden Lines Ltd (IGLD) fell by 3.14% or $-0.72/share to $22.23. In the past year, the shares have traded as low as $17.81 and as high as $35.25. On average, 6020 shares of IGLD exchange hands on a given day and today's volume is recorded at 1503.
Shares of AerCap Holdings N.V (AER) fell by 2.00% or $-0.26/share to $12.75. In the past year, the shares have traded as low as $10.44 and as high as $15.99. On average, 509640 shares of AER exchange hands on a given day and today's volume is recorded at 392327.
Shares of Camelot Information Systems Inc (CIS) fell by 1.07% or $-0.15/share to $13.83. In the past year, the shares have traded as low as $12.75 and as high as $28.18. On average, 604160 shares of CIS exchange hands on a given day and today's volume is recorded at 305205.
