Downward wedge patterns have been noticed on January 3 for the stocks Banco Santander-Chile, Cash America International, Inc, Tata Communications Limited, 21Vianet Group, Inc, and NRG Energy, 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 Banco Santander-Chile (SAN) traded higher by 0.53% or $0.40/share to $76.1. In the past year, the shares have traded as low as $62.08 and as high as $96.82. On average, 385990 shares of SAN exchange hands on a given day and today's volume is recorded at 314012.
Shares of Cash America International, Inc (CSH) traded higher by 2.06% or $0.96/share to $47.59. In the past year, the shares have traded as low as $36.54 and as high as $62.29. On average, 346680 shares of CSH exchange hands on a given day and today's volume is recorded at 261026.
Shares of Tata Communications Limited (TCL) traded higher by 2.52% or $0.20/share to $8.15. In the past year, the shares have traded as low as $6.74 and as high as $11.86. On average, 59380 shares of TCL exchange hands on a given day and today's volume is recorded at 39542.
Shares of 21Vianet Group, Inc (VNET) traded higher by 1.97% or $0.18/share to $9.33. In the past year, the shares have traded as low as $8.31 and as high as $22.33. On average, 292670 shares of VNET exchange hands on a given day and today's volume is recorded at 328999.
Shares of NRG Energy, Inc (NRG) fell by 0.83% or $-0.15/share to $17.97. In the past year, the shares have traded as low as $17.47 and as high as $25.66. On average, 2707540 shares of NRG exchange hands on a given day and today's volume is recorded at 2226503.