Downward wedge patterns have been noticed on August 28 for the stocks TransGlobe Energy Corp, Global Power Equipment Group Inc, Nxstage Medical, Inc, Regis Corp, and H&E Equipment Services 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 TransGlobe Energy Corp (TGA) traded higher by 1.68% or $0.15/share to $9.08. In the past year, the shares have traded as low as $7.12 and as high as $20.26. On average, 164300 shares of TGA exchange hands on a given day and today's volume is recorded at 74119.
Shares of Global Power Equipment Group Inc (GLPW) traded higher by 2.35% or $0.54/share to $23.49. In the past year, the shares have traded as low as $13.73 and as high as $30.18. On average, 140020 shares of GLPW exchange hands on a given day and today's volume is recorded at 23690.
Shares of Nxstage Medical, Inc (NXTM) traded higher by 0.34% or $0.06/share to $17.96. In the past year, the shares have traded as low as $15.07 and as high as $27.12. On average, 616890 shares of NXTM exchange hands on a given day and today's volume is recorded at 270388.
Shares of Regis Corp (RGS) traded higher by 1.07% or $0.15/share to $14.2. In the past year, the shares have traded as low as $12.46 and as high as $21.54. On average, 543460 shares of RGS exchange hands on a given day and today's volume is recorded at 438647.
Shares of H&E Equipment Services Inc (HEES) traded higher by 5.06% or $0.47/share to $9.76. In the past year, the shares have traded as low as $6.60 and as high as $20.40. On average, 176050 shares of HEES exchange hands on a given day and today's volume is recorded at 75846.
