Downward wedge patterns have been noticed on January 4 for the stocks Cash America International, Inc, BMC Software Inc, Pan American Silver Corp, Telefonos de Mexico, S.A.B. de C.V, and Globecomm Systems 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 Cash America International, Inc (CSH) fell by 3.59% or $-1.71/share to $45.88. In the past year, the shares have traded as low as $36.54 and as high as $62.29. On average, 344410 shares of CSH exchange hands on a given day and today's volume is recorded at 382152.
Shares of BMC Software Inc (BMC) fell by 1.42% or $-0.47/share to $32.72. In the past year, the shares have traded as low as $32.19 and as high as $56.55. On average, 2649860 shares of BMC exchange hands on a given day and today's volume is recorded at 1229960.
Shares of Pan American Silver Corp (PAAS) fell by 0.84% or $-0.19/share to $22.52. In the past year, the shares have traded as low as $19.93 and as high as $42.95. On average, 1102290 shares of PAAS exchange hands on a given day and today's volume is recorded at 525443.
Shares of Telefonos de Mexico, S.A.B. de C.V (TMX) traded higher by 0.47% or $0.07/share to $14.87. In the past year, the shares have traded as low as $13.89 and as high as $18.50. On average, 908800 shares of TMX exchange hands on a given day and today's volume is recorded at 76551.
Shares of Globecomm Systems Inc (GCOM) fell by 0.17% or $-0.02/share to $14.31. In the past year, the shares have traded as low as $8.96 and as high as $16.42. On average, 95310 shares of GCOM exchange hands on a given day and today's volume is recorded at 85291.
