Downward wedge patterns have been noticed on December 4 for the stocks Pan American Silver Corp, Powell Industries, Inc, DreamWorks Animation SKG Inc, US Gold Corporation, 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 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 729378.
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 33299.
Shares of DreamWorks Animation SKG Inc (DWA) traded higher by 1.12% or $0.20/share to $18.11. In the past year, the shares have traded as low as $16.34 and as high as $31.65. On average, 979820 shares of DWA exchange hands on a given day and today's volume is recorded at 543487.
Shares of US Gold Corporation (UXG) fell by 3.03% or $-0.12/share to $3.84. In the past year, the shares have traded as low as $3.23 and as high as $9.87. On average, 2539980 shares of UXG exchange hands on a given day and today's volume is recorded at 3487028.
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 680185.
