Downward wedge patterns have been noticed on September 11 for the stocks Telecom Italia SpA, Checkpoint Systems Inc, Regis Corp, Layne Christensen Co, and Endurance Specialty Holdings Ltd. 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 Telecom Italia SpA (TI) fell by 6.12% or $-0.68/share to $10.44. In the past year, the shares have traded as low as $10.75 and as high as $15.20. On average, 480890 shares of TI exchange hands on a given day and today's volume is recorded at 895827.
Shares of Checkpoint Systems Inc (CKP) fell by 1.70% or $-0.24/share to $13.89. In the past year, the shares have traded as low as $12.65 and as high as $23.00. On average, 251020 shares of CKP exchange hands on a given day and today's volume is recorded at 313519.
Shares of Regis Corp (RGS) fell by 2.87% or $-0.40/share to $13.53. In the past year, the shares have traded as low as $12.40 and as high as $21.44. On average, 533950 shares of RGS exchange hands on a given day and today's volume is recorded at 549056.
Shares of Layne Christensen Co (LAYN) traded higher by 0.96% or $0.24/share to $25.12. In the past year, the shares have traded as low as $23.67 and as high as $38.00. On average, 125150 shares of LAYN exchange hands on a given day and today's volume is recorded at 262513.
Shares of Endurance Specialty Holdings Ltd (ENH) fell by 2.81% or $-1.00/share to $34.55. In the past year, the shares have traded as low as $33.11 and as high as $49.96. On average, 483010 shares of ENH exchange hands on a given day and today's volume is recorded at 520179.
