Downward wedge patterns have been noticed on August 24 for the stocks Nxstage Medical, Inc, and Black Hills Corporation. 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 Nxstage Medical, Inc (NXTM) traded higher by 2.41% or $0.43/share to $18.27. In the past year, the shares have traded as low as $14.63 and as high as $27.12. On average, 633410 shares of NXTM exchange hands on a given day and today's volume is recorded at 306081.
Shares of Black Hills Corporation (BKH) traded higher by 0.82% or $0.24/share to $29.49. In the past year, the shares have traded as low as $25.52 and as high as $34.03. On average, 355860 shares of BKH exchange hands on a given day and today's volume is recorded at 368634.
