Downward wedge patterns have been noticed on November 9 for the stocks Overseas Shipholding Group Inc, DreamWorks Animation SKG Inc, Warnaco Group Inc, Hatteras Financial Corp, and Responsys, 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) traded higher by 2.75% or $0.34/share to $12.7. In the past year, the shares have traded as low as $11.41 and as high as $35.82. On average, 795260 shares of OSG exchange hands on a given day and today's volume is recorded at 1091058.
Shares of DreamWorks Animation SKG Inc (DWA) fell by 7.17% or $-1.42/share to $18.38. In the past year, the shares have traded as low as $16.50 and as high as $34.75. On average, 1114590 shares of DWA exchange hands on a given day and today's volume is recorded at 1719260.
Shares of Warnaco Group Inc (WRC) fell by 4.51% or $-2.30/share to $48.65. In the past year, the shares have traded as low as $40.08 and as high as $65.01. On average, 1087740 shares of WRC exchange hands on a given day and today's volume is recorded at 925267.
Shares of Hatteras Financial Corp (HTS) fell by 2.01% or $-0.53/share to $25.86. In the past year, the shares have traded as low as $22.33 and as high as $28.19. On average, 1251940 shares of HTS exchange hands on a given day and today's volume is recorded at 765604.
Shares of Responsys, Inc (MKTG) fell by 23.84% or $-2.36/share to $7.54. In the past year, the shares have traded as low as $9.10 and as high as $18.19. On average, 113490 shares of MKTG exchange hands on a given day and today's volume is recorded at 1144546.
