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

Wednesday, August 31, 2011

Stocks with Downward Wedge Patterns: (RGS), (GMO), (GDOT), (NXTM), (BAP)

Downward wedge patterns have been noticed on August 31 for the stocks Regis Corp, General Moly, Inc, Green Dot Corporation, Nxstage Medical, Inc, and Credicorp 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 Regis Corp (RGS) fell by 1.75% or $-0.26/share to $14.62. In the past year, the shares have traded as low as $12.46 and as high as $21.54. On average, 543430 shares of RGS exchange hands on a given day and today's volume is recorded at 297763.

Shares of General Moly, Inc (GMO) fell by 3.47% or $-0.14/share to $3.9. In the past year, the shares have traded as low as $2.93 and as high as $7.25. On average, 995580 shares of GMO exchange hands on a given day and today's volume is recorded at 567525.

Shares of Green Dot Corporation (GDOT) fell by 2.00% or $-0.68/share to $33.36. In the past year, the shares have traded as low as $24.94 and as high as $65.11. On average, 289730 shares of GDOT exchange hands on a given day and today's volume is recorded at 105467.

Shares of Nxstage Medical, Inc (NXTM) fell by 1.14% or $-0.21/share to $18.2. In the past year, the shares have traded as low as $15.47 and as high as $27.12. On average, 611980 shares of NXTM exchange hands on a given day and today's volume is recorded at 286442.

Shares of Credicorp Ltd (BAP) traded higher by 0.36% or $0.35/share to $98.58. In the past year, the shares have traded as low as $80.79 and as high as $126.06. On average, 666880 shares of BAP exchange hands on a given day and today's volume is recorded at 146130.