Downward wedge patterns have been noticed on July 8 for the stocks Helix Energy Solutions Group, Inc, Teck Resources Limited, Swift Energy Co, Chesapeake Lodging Trust Common Shares of Beneficial Interest, and Alexion Pharmaceuticals, 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 Helix Energy Solutions Group, Inc (HLX) fell by 0.86% or $-0.15/share to $17.2. In the past year, the shares have traded as low as $8.38 and as high as $19.20. On average, 1811460 shares of HLX exchange hands on a given day and today's volume is recorded at 1743982.
Shares of Teck Resources Limited (TCK) fell by 1.69% or $-0.90/share to $52.28. In the past year, the shares have traded as low as $29.95 and as high as $64.94. On average, 3626070 shares of TCK exchange hands on a given day and today's volume is recorded at 3318230.
Shares of Swift Energy Co (SFY) fell by 0.87% or $-0.34/share to $38.52. In the past year, the shares have traded as low as $24.71 and as high as $48.19. On average, 716260 shares of SFY exchange hands on a given day and today's volume is recorded at 521014.
Shares of Chesapeake Lodging Trust Common Shares of Beneficial Interest (CHSP) fell by 0.11% or $-0.02/share to $17.5. In the past year, the shares have traded as low as $14.86 and as high as $19.54. On average, 140150 shares of CHSP exchange hands on a given day and today's volume is recorded at 72667.
Shares of Alexion Pharmaceuticals, Inc (ALXN) traded higher by 3.80% or $1.84/share to $50.3. In the past year, the shares have traded as low as $24.73 and as high as $52.50. On average, 1406850 shares of ALXN exchange hands on a given day and today's volume is recorded at 2082125.
