Downward wedge patterns have been noticed on September 16 for the stocks Nortel Inversora S.A, Regis Corp, Icahn Enterprises, L.P, Telecom Italia SpA, and World Wrestling Entertainment 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 Nortel Inversora S.A (NTL) traded higher by 1.33% or $0.32/share to $24.37. In the past year, the shares have traded as low as $22.08 and as high as $36.09. On average, 13070 shares of NTL exchange hands on a given day and today's volume is recorded at 6832.
Shares of Regis Corp (RGS) traded higher by 0.21% or $0.03/share to $14.35. In the past year, the shares have traded as low as $12.40 and as high as $21.44. On average, 525990 shares of RGS exchange hands on a given day and today's volume is recorded at 465198.
Shares of Icahn Enterprises, L.P (IEP) traded higher by 0.90% or $0.35/share to $39.1. In the past year, the shares have traded as low as $32.48 and as high as $46.86. On average, 11580 shares of IEP exchange hands on a given day and today's volume is recorded at 5156.
Shares of Telecom Italia SpA (TI) fell by 0.28% or $-0.03/share to $10.87. In the past year, the shares have traded as low as $9.74 and as high as $15.20. On average, 528650 shares of TI exchange hands on a given day and today's volume is recorded at 355315.
Shares of World Wrestling Entertainment Inc (WWE) traded higher by 0.65% or $0.06/share to $9.24. In the past year, the shares have traded as low as $8.56 and as high as $13.93. On average, 226980 shares of WWE exchange hands on a given day and today's volume is recorded at 109596.
