Downward wedge patterns have been noticed on September 2 for the stocks Checkpoint Systems Inc, Regis Corp, Echelon Corporation, GFI Group Inc, and Nokia 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 Checkpoint Systems Inc (CKP) fell by 5.76% or $-0.85/share to $13.9. In the past year, the shares have traded as low as $12.65 and as high as $23.00. On average, 246040 shares of CKP exchange hands on a given day and today's volume is recorded at 97016.
Shares of Regis Corp (RGS) fell by 2.29% or $-0.33/share to $14.07. In the past year, the shares have traded as low as $12.46 and as high as $21.54. On average, 543160 shares of RGS exchange hands on a given day and today's volume is recorded at 278122.
Shares of Echelon Corporation (ELON) fell by 3.10% or $-0.25/share to $7.82. In the past year, the shares have traded as low as $7.67 and as high as $10.72. On average, 248420 shares of ELON exchange hands on a given day and today's volume is recorded at 144478.
Shares of GFI Group Inc (GFIG) fell by 4.90% or $-0.21/share to $4.08. In the past year, the shares have traded as low as $3.63 and as high as $5.57. On average, 430280 shares of GFIG exchange hands on a given day and today's volume is recorded at 170718.
Shares of Nokia Corporation (NOK) fell by 4.68% or $-0.31/share to $6.32. In the past year, the shares have traded as low as $4.82 and as high as $11.06. On average, 37897380 shares of NOK exchange hands on a given day and today's volume is recorded at 22548484.
