Downward wedge patterns have been noticed on August 28 for the stocks Echelon Corporation, General Moly, Inc, Boardwalk Pipeline Partners, LP, Black Hills Corporation, and DreamWorks Animation SKG 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 Echelon Corporation (ELON) traded higher by 2.10% or $0.17/share to $8.25. In the past year, the shares have traded as low as $7.38 and as high as $10.72. On average, 254400 shares of ELON exchange hands on a given day and today's volume is recorded at 117041.
Shares of General Moly, Inc (GMO) traded higher by 5.23% or $0.19/share to $3.82. In the past year, the shares have traded as low as $2.86 and as high as $7.25. On average, 1041390 shares of GMO exchange hands on a given day and today's volume is recorded at 478966.
Shares of Boardwalk Pipeline Partners, LP (BWP) traded higher by 1.05% or $0.25/share to $24.11. In the past year, the shares have traded as low as $23.65 and as high as $32.22. On average, 493130 shares of BWP exchange hands on a given day and today's volume is recorded at 429205.
Shares of Black Hills Corporation (BKH) traded higher by 0.27% or $0.08/share to $29.47. In the past year, the shares have traded as low as $25.52 and as high as $34.03. On average, 358210 shares of BKH exchange hands on a given day and today's volume is recorded at 277503.
Shares of DreamWorks Animation SKG Inc (DWA) traded higher by 1.83% or $0.36/share to $20.08. In the past year, the shares have traded as low as $17.40 and as high as $37.74. On average, 1742000 shares of DWA exchange hands on a given day and today's volume is recorded at 690609.
