Downward wedge patterns have been noticed on April 25 for the stocks Market Vectors Gold Miners ETF, Etablissements Delhaize Freres et Cie Le Lion S.A, and Electronic Arts 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 Market Vectors Gold Miners ETF (GDX) traded higher by 2.59% or $1.17/share to $46.31. In the past year, the shares have traded as low as $44.18 and as high as $66.79. On average, 13268730 shares of GDX exchange hands on a given day and today's volume is recorded at 18548584.
Shares of Etablissements Delhaize Freres et Cie Le Lion S.A (DEG) traded higher by 1.58% or $0.75/share to $48.26. In the past year, the shares have traded as low as $46.90 and as high as $86.21. On average, 39560 shares of DEG exchange hands on a given day and today's volume is recorded at 36254.
Shares of Electronic Arts Inc (EA) traded higher by 0.94% or $0.14/share to $15.02. In the past year, the shares have traded as low as $14.48 and as high as $26.13. On average, 7467910 shares of EA exchange hands on a given day and today's volume is recorded at 3824158.
