Downward wedge patterns have been noticed on November 21 for the stocks Hatteras Financial Corp, Research In Motion Limited, Boston Scientific Corporation, Powell Industries, Inc, and ServiceSource Corporation. 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 Hatteras Financial Corp (HTS) fell by 0.54% or $-0.14/share to $25.84. In the past year, the shares have traded as low as $22.33 and as high as $28.19. On average, 1065580 shares of HTS exchange hands on a given day and today's volume is recorded at 565261.
Shares of Research In Motion Limited (RIMM) fell by 4.46% or $-0.81/share to $17.38. In the past year, the shares have traded as low as $17.17 and as high as $70.54. On average, 23713760 shares of RIMM exchange hands on a given day and today's volume is recorded at 19105374.
Shares of Boston Scientific Corporation (BSX) fell by 1.85% or $-0.10/share to $5.32. In the past year, the shares have traded as low as $5.30 and as high as $7.96. On average, 20151580 shares of BSX exchange hands on a given day and today's volume is recorded at 9182313.
Shares of Powell Industries, Inc (POWL) fell by 1.30% or $-0.40/share to $30.29. In the past year, the shares have traded as low as $25.76 and as high as $41.64. On average, 44550 shares of POWL exchange hands on a given day and today's volume is recorded at 77393.
Shares of ServiceSource Corporation (SREV) fell by 5.48% or $-0.78/share to $13.46. In the past year, the shares have traded as low as $11.29 and as high as $23.60. On average, 813650 shares of SREV exchange hands on a given day and today's volume is recorded at 567485.
