Navigate this market better. Subscribe for FREE stock alerts and information.

Sunday, July 17, 2011

Technical Downward Wedge: (PROJ), (PLG), (EGN), (LAZ), (GDOT)

Downward wedge patterns have been noticed on July 17 for the stocks Deltek, Inc, Platinum Group Metals Ltd, Energen Corp, Lazard Ltd, and Green Dot 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 Deltek, Inc (PROJ) traded higher by 2.19% or $0.16/share to $7.47. In the past year, the shares have traded as low as $6.77 and as high as $8.68. On average, 49020 shares of PROJ exchange hands on a given day and today's volume is recorded at 37404.

Shares of Platinum Group Metals Ltd (PLG) traded higher by 0.56% or $0.01/share to $1.78. In the past year, the shares have traded as low as $1.60 and as high as $2.80. On average, 221040 shares of PLG exchange hands on a given day and today's volume is recorded at 105950.

Shares of Energen Corp (EGN) traded higher by 3.93% or $2.25/share to $59.55. In the past year, the shares have traded as low as $41.78 and as high as $65.30. On average, 520679 shares of EGN exchange hands on a given day and today's volume is recorded at 794208.

Shares of Lazard Ltd (LAZ) fell by 0.79% or $-0.27/share to $33.76. In the past year, the shares have traded as low as $27.15 and as high as $46.35. On average, 800530 shares of LAZ exchange hands on a given day and today's volume is recorded at 495659.

Shares of Green Dot Corporation (GDOT) fell by 3.17% or $-0.99/share to $30.23. In the past year, the shares have traded as low as $30.98 and as high as $65.09. On average, 335490 shares of GDOT exchange hands on a given day and today's volume is recorded at 289811.