Navigate this market better. Subscribe for FREE stock alerts and information.

Sunday, March 25, 2012

Stocks with Downward Wedge Patterns: (ATO), (AZK), (PCX), (IIJI), (PTNR)

Downward wedge patterns have been noticed on March 25 for the stocks Atmos Energy Corporation, Aurizon Mines Ltd, Patriot Coal Corporation, Internet Initiative Japan Inc, and Partner Communications Company Ltd. 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 Atmos Energy Corporation (ATO) traded higher by 0.62% or $0.19/share to $30.8. In the past year, the shares have traded as low as $27.62 and as high as $34.81. On average, 385740 shares of ATO exchange hands on a given day and today's volume is recorded at 359485.

Shares of Aurizon Mines Ltd (AZK) traded higher by 2.35% or $0.11/share to $4.79. In the past year, the shares have traded as low as $4.37 and as high as $7.50. On average, 608090 shares of AZK exchange hands on a given day and today's volume is recorded at 520716.

Shares of Patriot Coal Corporation (PCX) traded higher by 1.21% or $0.08/share to $6.67. In the past year, the shares have traded as low as $5.97 and as high as $27.56. On average, 7240440 shares of PCX exchange hands on a given day and today's volume is recorded at 5088174.

Shares of Internet Initiative Japan Inc (IIJI) traded higher by 1.75% or $0.13/share to $7.57. In the past year, the shares have traded as low as $6.67 and as high as $11.78. On average, 11920 shares of IIJI exchange hands on a given day and today's volume is recorded at 7121.

Shares of Partner Communications Company Ltd (PTNR) fell by 0.51% or $-0.04/share to $7.75. In the past year, the shares have traded as low as $7.02 and as high as $18.51. On average, 276610 shares of PTNR exchange hands on a given day and today's volume is recorded at 139245.