Downward wedge patterns have been noticed on November 7 for the stocks Overseas Shipholding Group Inc, Warnaco Group Inc, Sohu.com Inc, Ancestry.com Inc, and Hatteras Financial Corp. 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 3.25% or $-0.41/share to $12.21. In the past year, the shares have traded as low as $11.41 and as high as $35.82. On average, 815570 shares of OSG exchange hands on a given day and today's volume is recorded at 316652.
Shares of Warnaco Group Inc (WRC) fell by 1.10% or $-0.56/share to $50.12. In the past year, the shares have traded as low as $40.08 and as high as $65.01. On average, 1143780 shares of WRC exchange hands on a given day and today's volume is recorded at 697389.
Shares of Sohu.com Inc (SOHU) fell by 0.52% or $-0.32/share to $60.62. In the past year, the shares have traded as low as $46.35 and as high as $109.38. On average, 1880590 shares of SOHU exchange hands on a given day and today's volume is recorded at 603155.
Shares of Ancestry.com Inc (ACOM) traded higher by 0.45% or $0.11/share to $24.63. In the past year, the shares have traded as low as $20.67 and as high as $45.79. On average, 1194490 shares of ACOM exchange hands on a given day and today's volume is recorded at 288056.
Shares of Hatteras Financial Corp (HTS) fell by 0.65% or $-0.17/share to $26.02. In the past year, the shares have traded as low as $22.33 and as high as $28.19. On average, 1322090 shares of HTS exchange hands on a given day and today's volume is recorded at 628671.
