Downward wedge patterns have been noticed on December 7 for the stocks The GEO Group, Inc, Pan American Silver Corp, Sohu.com Inc, DreamWorks Animation SKG Inc, and 21Vianet Group, 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 The GEO Group, Inc (GEO) fell by 0.94% or $-0.17/share to $17.95. In the past year, the shares have traded as low as $16.40 and as high as $26.95. On average, 665570 shares of GEO exchange hands on a given day and today's volume is recorded at 245714.
Shares of Pan American Silver Corp (PAAS) fell by 1.94% or $-0.48/share to $24.23. In the past year, the shares have traded as low as $23.08 and as high as $42.95. On average, 1154070 shares of PAAS exchange hands on a given day and today's volume is recorded at 673699.
Shares of Sohu.com Inc (SOHU) fell by 0.61% or $-0.32/share to $51.72. In the past year, the shares have traded as low as $46.35 and as high as $109.37. On average, 1822250 shares of SOHU exchange hands on a given day and today's volume is recorded at 549623.
Shares of DreamWorks Animation SKG Inc (DWA) fell by 1.06% or $-0.19/share to $17.8. In the past year, the shares have traded as low as $16.34 and as high as $31.33. On average, 973350 shares of DWA exchange hands on a given day and today's volume is recorded at 320755.
Shares of 21Vianet Group, Inc (VNET) fell by 1.56% or $-0.15/share to $9.16. In the past year, the shares have traded as low as $8.31 and as high as $22.32. On average, 300540 shares of VNET exchange hands on a given day and today's volume is recorded at 156800.
