Downward wedge patterns have been noticed on November 13 for the stocks DreamWorks Animation SKG Inc, FNB United Corp, and Sohu.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 DreamWorks Animation SKG Inc (DWA) traded higher by 2.07% or $0.38/share to $18.72. In the past year, the shares have traded as low as $16.50 and as high as $33.60. On average, 1072530 shares of DWA exchange hands on a given day and today's volume is recorded at 614570.
Shares of FNB United Corp (FNBND) fell by 4.76% or $-0.75/share to $15.0. In the past year, the shares have traded as low as $15.75 and as high as $83.01. On average, 960 shares of FNBND exchange hands on a given day and today's volume is recorded at 6966.
Shares of Sohu.com Inc (SOHU) traded higher by 3.52% or $2.01/share to $59.11. In the past year, the shares have traded as low as $46.35 and as high as $109.36. On average, 1793000 shares of SOHU exchange hands on a given day and today's volume is recorded at 724118.
