Downward wedge patterns have been noticed on November 16 for the stocks Overseas Shipholding Group Inc, The GEO Group, Inc, Enstar Group Limited, Sohu.com Inc, and Boston Scientific 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 Overseas Shipholding Group Inc (OSG) traded higher by 1.60% or $0.23/share to $14.57. In the past year, the shares have traded as low as $11.41 and as high as $35.82. On average, 792960 shares of OSG exchange hands on a given day and today's volume is recorded at 250278.
Shares of The GEO Group, Inc (GEO) traded higher by 0.89% or $0.15/share to $17.56. In the past year, the shares have traded as low as $16.90 and as high as $26.96. On average, 677240 shares of GEO exchange hands on a given day and today's volume is recorded at 236840.
Shares of Enstar Group Limited (ESGR) fell by 0.54% or $-0.53/share to $97.43. In the past year, the shares have traded as low as $80.20 and as high as $114.56. On average, 22150 shares of ESGR exchange hands on a given day and today's volume is recorded at 2127.
Shares of Sohu.com Inc (SOHU) traded higher by 0.33% or $0.19/share to $57.89. In the past year, the shares have traded as low as $46.35 and as high as $109.37. On average, 1761740 shares of SOHU exchange hands on a given day and today's volume is recorded at 479875.
Shares of Boston Scientific Corporation (BSX) fell by 3.01% or $-0.18/share to $5.64. In the past year, the shares have traded as low as $5.30 and as high as $7.95. On average, 20219870 shares of BSX exchange hands on a given day and today's volume is recorded at 7211368.
