Downward wedge patterns have been noticed on November 21 for the stocks Overseas Shipholding Group Inc, AutoNavi Holdings Limited, First American Financial Corporation, United Natural Foods, Inc, and Warnaco 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 Overseas Shipholding Group Inc (OSG) fell by 9.86% or $-1.38/share to $12.61. In the past year, the shares have traded as low as $11.41 and as high as $35.81. On average, 788630 shares of OSG exchange hands on a given day and today's volume is recorded at 585265.
Shares of AutoNavi Holdings Limited (AMAP) fell by 5.94% or $-0.63/share to $9.97. In the past year, the shares have traded as low as $10.21 and as high as $20.46. On average, 96260 shares of AMAP exchange hands on a given day and today's volume is recorded at 158864.
Shares of First American Financial Corporation (FAF) fell by 2.18% or $-0.25/share to $11.21. In the past year, the shares have traded as low as $11.19 and as high as $17.17. On average, 882600 shares of FAF exchange hands on a given day and today's volume is recorded at 343894.
Shares of United Natural Foods, Inc (UNFI) fell by 1.97% or $-0.69/share to $34.3. In the past year, the shares have traded as low as $33.82 and as high as $46.05. On average, 376070 shares of UNFI exchange hands on a given day and today's volume is recorded at 233462.
Shares of Warnaco Group Inc (WRC) traded higher by 0.85% or $0.40/share to $47.4. In the past year, the shares have traded as low as $40.08 and as high as $65.01. On average, 995630 shares of WRC exchange hands on a given day and today's volume is recorded at 701372.
