Downward wedge patterns have been noticed on February 28 for the stocks Canon Inc, Kinross Gold Corporation, Aurizon Mines Ltd, EXCO Resources Inc, and Unit 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 Canon Inc (CAJ) traded higher by 1.12% or $0.51/share to $45.97. In the past year, the shares have traded as low as $41.70 and as high as $50.00. On average, 292900 shares of CAJ exchange hands on a given day and today's volume is recorded at 202553.
Shares of Kinross Gold Corporation (KGC) traded higher by 2.42% or $0.27/share to $11.43. In the past year, the shares have traded as low as $9.96 and as high as $18.19. On average, 8555260 shares of KGC exchange hands on a given day and today's volume is recorded at 6884852.
Shares of Aurizon Mines Ltd (AZK) traded higher by 3.53% or $0.19/share to $5.58. In the past year, the shares have traded as low as $4.53 and as high as $7.74. On average, 565920 shares of AZK exchange hands on a given day and today's volume is recorded at 526310.
Shares of EXCO Resources Inc (XCO) fell by 3.13% or $-0.22/share to $6.81. In the past year, the shares have traded as low as $6.80 and as high as $20.85. On average, 4789800 shares of XCO exchange hands on a given day and today's volume is recorded at 5354457.
Shares of Unit Corp (UNT) fell by 2.95% or $-1.46/share to $47.95. In the past year, the shares have traded as low as $33.56 and as high as $63.81. On average, 281740 shares of UNT exchange hands on a given day and today's volume is recorded at 878653.
