Downward wedge patterns have been noticed on November 9 for the stocks ServiceSource Corporation, Enstar Group Limited, 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 ServiceSource Corporation (SREV) fell by 4.07% or $-0.55/share to $12.95. In the past year, the shares have traded as low as $11.29 and as high as $23.60. On average, 743150 shares of SREV exchange hands on a given day and today's volume is recorded at 540396.
Shares of Enstar Group Limited (ESGR) fell by 3.80% or $-3.77/share to $95.55. In the past year, the shares have traded as low as $76.60 and as high as $114.55. On average, 22910 shares of ESGR exchange hands on a given day and today's volume is recorded at 18392.
Shares of Ancestry.com Inc (ACOM) fell by 6.42% or $-1.57/share to $22.9. In the past year, the shares have traded as low as $20.67 and as high as $45.79. On average, 1137010 shares of ACOM exchange hands on a given day and today's volume is recorded at 725918.
