Downward wedge patterns have been noticed on July 5 for the stocks Lazard Ltd, Claude Resources, Inc, Webster Financial Corp, United Microelectronics Corporation, and Teck Resources Limited. 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 Lazard Ltd (LAZ) fell by 2.37% or $-0.90/share to $37.08. In the past year, the shares have traded as low as $25.78 and as high as $46.36. On average, 759710 shares of LAZ exchange hands on a given day and today's volume is recorded at 228850.
Shares of Claude Resources, Inc (CGR) traded higher by 2.62% or $0.05/share to $1.96. In the past year, the shares have traded as low as $0.96 and as high as $2.91. On average, 347340 shares of CGR exchange hands on a given day and today's volume is recorded at 129658.
Shares of Webster Financial Corp (WBS) fell by 1.25% or $-0.27/share to $21.34. In the past year, the shares have traded as low as $15.49 and as high as $23.67. On average, 522690 shares of WBS exchange hands on a given day and today's volume is recorded at 269164.
Shares of United Microelectronics Corporation (UMC) fell by 1.76% or $-0.05/share to $2.52. In the past year, the shares have traded as low as $2.40 and as high as $3.53. On average, 3619670 shares of UMC exchange hands on a given day and today's volume is recorded at 2342396.
Shares of Teck Resources Limited (TCK) traded higher by 0.84% or $0.44/share to $52.69. In the past year, the shares have traded as low as $28.85 and as high as $64.94. On average, 3713810 shares of TCK exchange hands on a given day and today's volume is recorded at 2454109.
