Downward wedge patterns have been noticed on October 26 for the stocks Signature Bank, Greif, Inc, Ascent Media Corporation, Enstar Group Limited, and Stillwater Mining Co. 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 Signature Bank (SBNY) traded higher by 2.10% or $1.10/share to $53.38. In the past year, the shares have traded as low as $41.00 and as high as $61.54. On average, 456520 shares of SBNY exchange hands on a given day and today's volume is recorded at 224937.
Shares of Greif, Inc (GEF) traded higher by 0.20% or $0.09/share to $45.57. In the past year, the shares have traded as low as $40.77 and as high as $66.75. On average, 225470 shares of GEF exchange hands on a given day and today's volume is recorded at 83706.
Shares of Ascent Media Corporation (ASCMA) traded higher by 2.19% or $0.91/share to $42.52. In the past year, the shares have traded as low as $26.78 and as high as $58.37. On average, 54420 shares of ASCMA exchange hands on a given day and today's volume is recorded at 12319.
Shares of Enstar Group Limited (ESGR) traded higher by 0.96% or $0.90/share to $94.49. In the past year, the shares have traded as low as $76.60 and as high as $114.56. On average, 23300 shares of ESGR exchange hands on a given day and today's volume is recorded at 9928.
Shares of Stillwater Mining Co (SWC) traded higher by 1.72% or $0.16/share to $9.47. In the past year, the shares have traded as low as $7.31 and as high as $25.90. On average, 3871370 shares of SWC exchange hands on a given day and today's volume is recorded at 1393928.
