Downward wedge patterns have been noticed on April 29 for the stocks Etablissements Delhaize Freres et Cie Le Lion S.A, and Public Service Enterprise Group 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 Etablissements Delhaize Freres et Cie Le Lion S.A (DEG) traded higher by 1.37% or $0.66/share to $48.7. In the past year, the shares have traded as low as $46.90 and as high as $86.21. On average, 37210 shares of DEG exchange hands on a given day and today's volume is recorded at 112255.
Shares of Public Service Enterprise Group Inc (PEG) traded higher by 0.78% or $0.24/share to $31.19. In the past year, the shares have traded as low as $27.07 and as high as $34.69. On average, 3504880 shares of PEG exchange hands on a given day and today's volume is recorded at 2697915.
