Downward wedge patterns have been noticed on October 30 for the stocks SCBT Financial Corp, Denison Mines Corp, Associated Estates Realty Corp, Zhongpin, Inc, and Overseas Shipholding Group 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 SCBT Financial Corp (SCBT) fell by 3.00% or $-0.92/share to $29.79. In the past year, the shares have traded as low as $24.02 and as high as $35.75. On average, 43710 shares of SCBT exchange hands on a given day and today's volume is recorded at 42682.
Shares of Denison Mines Corp (DNN) fell by 1.21% or $-0.02/share to $1.63. In the past year, the shares have traded as low as $0.81 and as high as $4.52. On average, 1440780 shares of DNN exchange hands on a given day and today's volume is recorded at 1299319.
Shares of Associated Estates Realty Corp (AEC) fell by 1.85% or $-0.32/share to $16.97. In the past year, the shares have traded as low as $13.02 and as high as $18.64. On average, 365320 shares of AEC exchange hands on a given day and today's volume is recorded at 333559.
Shares of Zhongpin, Inc (HOGS) fell by 2.36% or $-0.23/share to $9.5. In the past year, the shares have traded as low as $6.60 and as high as $25.00. On average, 539360 shares of HOGS exchange hands on a given day and today's volume is recorded at 244277.
Shares of Overseas Shipholding Group Inc (OSG) traded higher by 1.32% or $0.18/share to $13.85. In the past year, the shares have traded as low as $11.80 and as high as $36.43. On average, 857050 shares of OSG exchange hands on a given day and today's volume is recorded at 564404.
