Downward wedge patterns have been noticed on August 25 for the stocks Credicorp Ltd, DreamWorks Animation SKG Inc, General Moly, Inc, GFI Group Inc, and Petrobras Argentina SA. 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 Credicorp Ltd (BAP) traded higher by 0.82% or $0.76/share to $93.97. In the past year, the shares have traded as low as $80.79 and as high as $126.05. On average, 686810 shares of BAP exchange hands on a given day and today's volume is recorded at 260036.
Shares of DreamWorks Animation SKG Inc (DWA) fell by 0.05% or $-0.01/share to $19.86. In the past year, the shares have traded as low as $17.40 and as high as $37.74. On average, 1742440 shares of DWA exchange hands on a given day and today's volume is recorded at 947115.
Shares of General Moly, Inc (GMO) fell by 4.19% or $-0.16/share to $3.66. In the past year, the shares have traded as low as $2.85 and as high as $7.25. On average, 1108760 shares of GMO exchange hands on a given day and today's volume is recorded at 292075.
Shares of GFI Group Inc (GFIG) fell by 3.42% or $-0.15/share to $4.24. In the past year, the shares have traded as low as $3.63 and as high as $5.57. On average, 425410 shares of GFIG exchange hands on a given day and today's volume is recorded at 229822.
Shares of Petrobras Argentina SA (PZE) fell by 1.81% or $-0.30/share to $16.27. In the past year, the shares have traded as low as $14.18 and as high as $28.06. On average, 72110 shares of PZE exchange hands on a given day and today's volume is recorded at 15194.
