Downward wedge patterns have been noticed on August 14 for the stocks Cree Inc, Global Power Equipment Group Inc, Petrobras Argentina SA, Ecopetrol SA, and Orbotech Ltd. 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 Cree Inc (CREE) traded higher by 1.66% or $0.60/share to $36.76. In the past year, the shares have traded as low as $26.60 and as high as $72.85. On average, 4118670 shares of CREE exchange hands on a given day and today's volume is recorded at 3573896.
Shares of Global Power Equipment Group Inc (GLPW) fell by 1.28% or $-0.32/share to $24.76. In the past year, the shares have traded as low as $13.73 and as high as $30.18. On average, 142550 shares of GLPW exchange hands on a given day and today's volume is recorded at 59534.
Shares of Petrobras Argentina SA (PZE) fell by 0.77% or $-0.13/share to $16.72. In the past year, the shares have traded as low as $14.19 and as high as $28.06. On average, 73770 shares of PZE exchange hands on a given day and today's volume is recorded at 37781.
Shares of Ecopetrol SA (EC) traded higher by 1.50% or $0.62/share to $41.82. In the past year, the shares have traded as low as $33.53 and as high as $50.21. On average, 438610 shares of EC exchange hands on a given day and today's volume is recorded at 404568.
Shares of Orbotech Ltd (ORBK) traded higher by 0.63% or $0.07/share to $11.14. In the past year, the shares have traded as low as $9.15 and as high as $15.62. On average, 202330 shares of ORBK exchange hands on a given day and today's volume is recorded at 470659.
