Downward wedge patterns have been noticed on July 25 for the stocks Atlas Pipeline Partners LP, Noble Corp, Transocean Ltd, Chesapeake Lodging Trust Common Shares of Beneficial Interest, and Exeter Resource Corporation. 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 Atlas Pipeline Partners LP (APL) fell by 0.83% or $-0.28/share to $33.52. In the past year, the shares have traded as low as $11.34 and as high as $37.47. On average, 343820 shares of APL exchange hands on a given day and today's volume is recorded at 113565.
Shares of Noble Corp (NE) fell by 0.84% or $-0.32/share to $37.75. In the past year, the shares have traded as low as $29.91 and as high as $46.56. On average, 3733550 shares of NE exchange hands on a given day and today's volume is recorded at 2261382.
Shares of Transocean Ltd (RIG) traded higher by 0.90% or $0.58/share to $65.02. In the past year, the shares have traded as low as $43.78 and as high as $84.98. On average, 4528640 shares of RIG exchange hands on a given day and today's volume is recorded at 2717531.
Shares of Chesapeake Lodging Trust Common Shares of Beneficial Interest (CHSP) fell by 0.60% or $-0.11/share to $17.5. In the past year, the shares have traded as low as $15.43 and as high as $19.53. On average, 138760 shares of CHSP exchange hands on a given day and today's volume is recorded at 45761.
Shares of Exeter Resource Corporation (XRA) traded higher by 2.04% or $0.09/share to $4.64. In the past year, the shares have traded as low as $4.08 and as high as $7.20. On average, 373500 shares of XRA exchange hands on a given day and today's volume is recorded at 185637.
