Downward wedge patterns have been noticed on August 31 for the stocks Telecom Italia SpA, DreamWorks Animation SKG Inc, Nokia Corporation, and Crexus Investment Corp. 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 Telecom Italia SpA (TI) traded higher by 1.26% or $0.15/share to $12.1. In the past year, the shares have traded as low as $10.99 and as high as $15.20. On average, 463310 shares of TI exchange hands on a given day and today's volume is recorded at 266678.
Shares of DreamWorks Animation SKG Inc (DWA) fell by 1.98% or $-0.42/share to $20.84. In the past year, the shares have traded as low as $17.40 and as high as $37.74. On average, 1669370 shares of DWA exchange hands on a given day and today's volume is recorded at 455287.
Shares of Nokia Corporation (NOK) remained unchanged at $6.44. In the past year, the shares have traded as low as $4.82 and as high as $11.06. On average, 42777410 shares of NOK exchange hands on a given day and today's volume is recorded at 24396576.
Shares of Crexus Investment Corp (CXS) fell by 0.85% or $-0.08/share to $9.34. In the past year, the shares have traded as low as $8.85 and as high as $13.19. On average, 714650 shares of CXS exchange hands on a given day and today's volume is recorded at 197026.
