Downward wedge patterns have been noticed on January 4 for the stocks SunTrust Banks, Inc, FirstService Corp, McDermott International Inc, NRG Energy, Inc, and Lululemon Athletica 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 SunTrust Banks, Inc (STI) traded higher by 0.59% or $0.11/share to $18.63. In the past year, the shares have traded as low as $15.79 and as high as $32.94. On average, 7818620 shares of STI exchange hands on a given day and today's volume is recorded at 5513293.
Shares of FirstService Corp (FSRV) traded higher by 0.52% or $0.14/share to $26.85. In the past year, the shares have traded as low as $23.93 and as high as $40.57. On average, 30110 shares of FSRV exchange hands on a given day and today's volume is recorded at 23563.
Shares of McDermott International Inc (MDR) fell by 1.25% or $-0.15/share to $11.77. In the past year, the shares have traded as low as $9.34 and as high as $26.14. On average, 4912190 shares of MDR exchange hands on a given day and today's volume is recorded at 1142383.
Shares of NRG Energy, Inc (NRG) traded higher by 0.14% or $0.03/share to $18.0. In the past year, the shares have traded as low as $17.47 and as high as $25.67. On average, 2685560 shares of NRG exchange hands on a given day and today's volume is recorded at 1363773.
Shares of Lululemon Athletica Inc (LULU) traded higher by 8.40% or $3.95/share to $50.98. In the past year, the shares have traded as low as $32.65 and as high as $64.49. On average, 3460980 shares of LULU exchange hands on a given day and today's volume is recorded at 6585248.
