Downward wedge patterns have been noticed on October 30 for the stocks Veeco Instruments Inc, MFC Industrial Ltd, HudBay Minerals, Inc, Warnaco Group Inc, and Ancestry.com 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 Veeco Instruments Inc (VECO) fell by 1.02% or $-0.29/share to $28.13. In the past year, the shares have traded as low as $23.06 and as high as $57.67. On average, 1875620 shares of VECO exchange hands on a given day and today's volume is recorded at 962972.
Shares of MFC Industrial Ltd (MIL) traded higher by 0.85% or $0.06/share to $7.15. In the past year, the shares have traded as low as $6.50 and as high as $8.82. On average, 165080 shares of MIL exchange hands on a given day and today's volume is recorded at 32270.
Shares of HudBay Minerals, Inc (HBM) fell by 0.35% or $-0.04/share to $11.55. In the past year, the shares have traded as low as $8.62 and as high as $18.69. On average, 40900 shares of HBM exchange hands on a given day and today's volume is recorded at 48714.
Shares of Warnaco Group Inc (WRC) traded higher by 1.75% or $0.86/share to $50.02. In the past year, the shares have traded as low as $40.08 and as high as $65.01. On average, 1217360 shares of WRC exchange hands on a given day and today's volume is recorded at 1055845.
Shares of Ancestry.com Inc (ACOM) traded higher by 3.80% or $0.83/share to $22.67. In the past year, the shares have traded as low as $20.67 and as high as $45.79. On average, 1294750 shares of ACOM exchange hands on a given day and today's volume is recorded at 1650220.
