Downward wedge patterns have been noticed on August 31 for the stocks ReneSola Ltd, Echelon Corporation, Black Hills Corporation, American Superconductor Corporation, and GFI Group 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 ReneSola Ltd (SOL) fell by 3.38% or $-0.12/share to $3.43. In the past year, the shares have traded as low as $2.65 and as high as $15.34. On average, 3943440 shares of SOL exchange hands on a given day and today's volume is recorded at 1183968.
Shares of Echelon Corporation (ELON) fell by 2.59% or $-0.22/share to $8.27. In the past year, the shares have traded as low as $7.43 and as high as $10.72. On average, 253040 shares of ELON exchange hands on a given day and today's volume is recorded at 103377.
Shares of Black Hills Corporation (BKH) fell by 0.10% or $-0.03/share to $30.45. In the past year, the shares have traded as low as $25.52 and as high as $34.03. On average, 359520 shares of BKH exchange hands on a given day and today's volume is recorded at 176638.
Shares of American Superconductor Corporation (AMSC) fell by 7.02% or $-0.51/share to $6.75. In the past year, the shares have traded as low as $5.10 and as high as $38.88. On average, 1522150 shares of AMSC exchange hands on a given day and today's volume is recorded at 627724.
Shares of GFI Group Inc (GFIG) fell by 1.36% or $-0.06/share to $4.36. In the past year, the shares have traded as low as $3.63 and as high as $5.57. On average, 431750 shares of GFIG exchange hands on a given day and today's volume is recorded at 315313.
