Downward wedge patterns have been noticed on September 5 for the stocks Black Hills Corporation, World Wrestling Entertainment Inc, Smithfield Foods Inc, J. C. Penney Company, Inc, and Crexus Investment Corp. 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 Black Hills Corporation (BKH) fell by 1.72% or $-0.53/share to $30.23. In the past year, the shares have traded as low as $25.52 and as high as $34.03. On average, 361250 shares of BKH exchange hands on a given day and today's volume is recorded at 388520.
Shares of World Wrestling Entertainment Inc (WWE) fell by 3.21% or $-0.30/share to $9.04. In the past year, the shares have traded as low as $8.68 and as high as $14.12. On average, 239140 shares of WWE exchange hands on a given day and today's volume is recorded at 189916.
Shares of Smithfield Foods Inc (SFD) fell by 2.83% or $-0.61/share to $20.98. In the past year, the shares have traded as low as $14.82 and as high as $24.93. On average, 2754080 shares of SFD exchange hands on a given day and today's volume is recorded at 1416383.
Shares of J. C. Penney Company, Inc (JCP) fell by 4.23% or $-1.11/share to $25.15. In the past year, the shares have traded as low as $20.09 and as high as $40.76. On average, 6494780 shares of JCP exchange hands on a given day and today's volume is recorded at 6407479.
Shares of Crexus Investment Corp (CXS) fell by 1.32% or $-0.12/share to $9.0. In the past year, the shares have traded as low as $8.85 and as high as $13.19. On average, 708240 shares of CXS exchange hands on a given day and today's volume is recorded at 428512.
