Downward wedge patterns have been noticed on September 6 for the stocks Nxstage Medical, Inc, Endurance Specialty Holdings Ltd, General Moly, Inc, Imperial Oil Ltd, and J. C. Penney Company, 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 Nxstage Medical, Inc (NXTM) fell by 2.08% or $-0.37/share to $17.45. In the past year, the shares have traded as low as $15.93 and as high as $27.12. On average, 602920 shares of NXTM exchange hands on a given day and today's volume is recorded at 367304.
Shares of Endurance Specialty Holdings Ltd (ENH) fell by 1.23% or $-0.43/share to $34.45. In the past year, the shares have traded as low as $33.11 and as high as $49.96. On average, 489560 shares of ENH exchange hands on a given day and today's volume is recorded at 385181.
Shares of General Moly, Inc (GMO) fell by 2.90% or $-0.11/share to $3.68. In the past year, the shares have traded as low as $3.04 and as high as $7.25. On average, 959800 shares of GMO exchange hands on a given day and today's volume is recorded at 571689.
Shares of Imperial Oil Ltd (IMO) fell by 2.67% or $-1.07/share to $38.93. In the past year, the shares have traded as low as $35.61 and as high as $55.35. On average, 479520 shares of IMO exchange hands on a given day and today's volume is recorded at 330287.
Shares of J. C. Penney Company, Inc (JCP) traded higher by 2.58% or $0.65/share to $25.8. In the past year, the shares have traded as low as $20.09 and as high as $40.76. On average, 6480340 shares of JCP exchange hands on a given day and today's volume is recorded at 7059847.
