Downward wedge patterns have been noticed on September 12 for the stocks Super Micro Computer, Inc, NIC Inc, Checkpoint Systems Inc, Echelon Corporation, and PowerShares DB Commodity Index Tracking. 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 Super Micro Computer, Inc (SMCI) traded higher by 0.08% or $0.01/share to $12.42. In the past year, the shares have traded as low as $9.25 and as high as $19.30. On average, 221430 shares of SMCI exchange hands on a given day and today's volume is recorded at 59606.
Shares of NIC Inc (EGOV) fell by 0.46% or $-0.05/share to $10.82. In the past year, the shares have traded as low as $6.94 and as high as $13.80. On average, 284670 shares of EGOV exchange hands on a given day and today's volume is recorded at 75525.
Shares of Checkpoint Systems Inc (CKP) traded higher by 0.36% or $0.05/share to $13.94. In the past year, the shares have traded as low as $12.65 and as high as $23.00. On average, 254440 shares of CKP exchange hands on a given day and today's volume is recorded at 112449.
Shares of Echelon Corporation (ELON) traded higher by 1.19% or $0.09/share to $7.64. In the past year, the shares have traded as low as $7.47 and as high as $10.72. On average, 250250 shares of ELON exchange hands on a given day and today's volume is recorded at 101718.
Shares of PowerShares DB Commodity Index Tracking (DBC) fell by 0.48% or $-0.14/share to $29.15. In the past year, the shares have traded as low as $22.97 and as high as $32.02. On average, 2606520 shares of DBC exchange hands on a given day and today's volume is recorded at 3567207.
