Downward wedge patterns have been noticed on October 19 for the stocks Biglari Holdings Inc, Wintrust Financial Corporation, ServiceSource International, In, PartnerRe Ltd, and Zhongpin, 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 Biglari Holdings Inc (BH) fell by 2.60% or $-8.51/share to $318.65. In the past year, the shares have traded as low as $279.86 and as high as $464.78. On average, 9300 shares of BH exchange hands on a given day and today's volume is recorded at 19858.
Shares of Wintrust Financial Corporation (WTFC) fell by 0.96% or $-0.28/share to $28.87. In the past year, the shares have traded as low as $24.30 and as high as $37.23. On average, 386260 shares of WTFC exchange hands on a given day and today's volume is recorded at 158091.
Shares of ServiceSource International, In (SREV) fell by 9.16% or $-1.26/share to $12.5. In the past year, the shares have traded as low as $11.29 and as high as $23.60. On average, 776140 shares of SREV exchange hands on a given day and today's volume is recorded at 780846.
Shares of PartnerRe Ltd (PRE) traded higher by 4.57% or $2.40/share to $54.94. In the past year, the shares have traded as low as $50.16 and as high as $81.79. On average, 570400 shares of PRE exchange hands on a given day and today's volume is recorded at 619363.
Shares of Zhongpin, Inc (HOGS) fell by 3.52% or $-0.31/share to $8.49. In the past year, the shares have traded as low as $6.60 and as high as $25.00. On average, 704960 shares of HOGS exchange hands on a given day and today's volume is recorded at 224906.
