Downward wedge patterns have been noticed on August 26 for the stocks Global Power Equipment Group Inc, Regis Corp, DreamWorks Animation SKG Inc, Newell Rubbermaid Inc, and TransGlobe Energy 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 Global Power Equipment Group Inc (GLPW) traded higher by 2.40% or $0.55/share to $23.5. 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 12177.
Shares of Regis Corp (RGS) traded higher by 1.28% or $0.18/share to $14.23. 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 288194.
Shares of DreamWorks Animation SKG Inc (DWA) traded higher by 1.77% or $0.35/share to $20.07. 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 564671.
Shares of Newell Rubbermaid Inc (NWL) traded higher by 1.89% or $0.25/share to $13.48. In the past year, the shares have traded as low as $11.50 and as high as $20.24. On average, 5123160 shares of NWL exchange hands on a given day and today's volume is recorded at 2499807.
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 60438.
