Downward wedge patterns have been noticed on December 15 for the stocks NRG Energy, Inc, Silver Standard Resources Inc, Sohu.com Inc, Portugal Telecom SGPS SA, and Pan American Silver 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 NRG Energy, Inc (NRG) traded higher by 1.44% or $0.26/share to $18.26. In the past year, the shares have traded as low as $17.97 and as high as $25.66. On average, 2919710 shares of NRG exchange hands on a given day and today's volume is recorded at 1429086.
Shares of Silver Standard Resources Inc (SSRI) fell by 3.12% or $-0.41/share to $12.75. In the past year, the shares have traded as low as $12.62 and as high as $35.94. On average, 1708420 shares of SSRI exchange hands on a given day and today's volume is recorded at 2356881.
Shares of Sohu.com Inc (SOHU) traded higher by 1.77% or $0.81/share to $46.62. In the past year, the shares have traded as low as $45.46 and as high as $109.36. On average, 1814760 shares of SOHU exchange hands on a given day and today's volume is recorded at 1241375.
Shares of Portugal Telecom SGPS SA (PT) fell by 1.53% or $-0.09/share to $5.79. In the past year, the shares have traded as low as $5.85 and as high as $11.37. On average, 285500 shares of PT exchange hands on a given day and today's volume is recorded at 173853.
Shares of Pan American Silver Corp (PAAS) fell by 3.60% or $-0.81/share to $21.72. In the past year, the shares have traded as low as $22.22 and as high as $42.95. On average, 1183100 shares of PAAS exchange hands on a given day and today's volume is recorded at 1446801.
