Downward wedge patterns have been noticed on November 14 for the stocks Sohu.com Inc, Responsys, Inc, First American Financial Corporation, Powell Industries, 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 Sohu.com Inc (SOHU) fell by 1.57% or $-0.93/share to $58.18. In the past year, the shares have traded as low as $46.35 and as high as $109.36. On average, 1778780 shares of SOHU exchange hands on a given day and today's volume is recorded at 662430.
Shares of Responsys, Inc (MKTG) traded higher by 0.53% or $0.04/share to $7.55. In the past year, the shares have traded as low as $7.30 and as high as $18.19. On average, 152790 shares of MKTG exchange hands on a given day and today's volume is recorded at 287795.
Shares of First American Financial Corporation (FAF) fell by 4.02% or $-0.48/share to $11.46. In the past year, the shares have traded as low as $11.19 and as high as $17.17. On average, 887660 shares of FAF exchange hands on a given day and today's volume is recorded at 417132.
Shares of Powell Industries, Inc (POWL) fell by 2.40% or $-0.74/share to $30.06. In the past year, the shares have traded as low as $25.76 and as high as $41.64. On average, 45080 shares of POWL exchange hands on a given day and today's volume is recorded at 20201.
Shares of Hatteras Financial Corp (HTS) fell by 0.96% or $-0.25/share to $25.85. In the past year, the shares have traded as low as $22.33 and as high as $28.19. On average, 1128170 shares of HTS exchange hands on a given day and today's volume is recorded at 341345.
