Downward wedge patterns have been noticed on December 2 for the stocks Dish Network Corp, Braskem S.A, Powell Industries, Inc, Pan American Silver Corp, and The GEO 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 Dish Network Corp (DISH) traded higher by 6.63% or $1.63/share to $26.21. In the past year, the shares have traded as low as $16.54 and as high as $30.02. On average, 3442800 shares of DISH exchange hands on a given day and today's volume is recorded at 13681556.
Shares of Braskem S.A (BAK) fell by 2.27% or $-0.36/share to $15.52. In the past year, the shares have traded as low as $13.89 and as high as $32.30. On average, 532390 shares of BAK exchange hands on a given day and today's volume is recorded at 341373.
Shares of Powell Industries, Inc (POWL) fell by 0.90% or $-0.28/share to $30.67. In the past year, the shares have traded as low as $25.76 and as high as $41.64. On average, 45730 shares of POWL exchange hands on a given day and today's volume is recorded at 33003.
Shares of Pan American Silver Corp (PAAS) fell by 3.61% or $-0.92/share to $24.56. In the past year, the shares have traded as low as $23.08 and as high as $42.95. On average, 1173570 shares of PAAS exchange hands on a given day and today's volume is recorded at 729278.
Shares of The GEO Group, Inc (GEO) traded higher by 2.31% or $0.41/share to $18.16. In the past year, the shares have traded as low as $16.40 and as high as $26.95. On average, 671780 shares of GEO exchange hands on a given day and today's volume is recorded at 678167.
