Downward wedge patterns have been noticed on April 23 for the stocks Etablissements Delhaize Freres et Cie Le Lion S.A, Market Vectors Gold Miners ETF, Public Service Enterprise Group Inc, Atmos Energy Corporation, and Alpha Natural Resources, 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) fell by 1.77% or $-0.85/share to $47.16. In the past year, the shares have traded as low as $47.24 and as high as $86.20. On average, 42500 shares of DEG exchange hands on a given day and today's volume is recorded at 16485.
Shares of Market Vectors Gold Miners ETF (GDX) fell by 2.45% or $-1.13/share to $44.99. In the past year, the shares have traded as low as $45.98 and as high as $66.79. On average, 13203330 shares of GDX exchange hands on a given day and today's volume is recorded at 15813791.
Shares of Public Service Enterprise Group Inc (PEG) fell by 0.16% or $-0.05/share to $30.36. In the past year, the shares have traded as low as $27.07 and as high as $34.70. On average, 3582000 shares of PEG exchange hands on a given day and today's volume is recorded at 1496608.
Shares of Atmos Energy Corporation (ATO) fell by 1.00% or $-0.32/share to $31.68. In the past year, the shares have traded as low as $27.62 and as high as $34.81. On average, 427540 shares of ATO exchange hands on a given day and today's volume is recorded at 418561.
Shares of Alpha Natural Resources, Inc (ANR) fell by 0.80% or $-0.13/share to $16.02. In the past year, the shares have traded as low as $13.80 and as high as $59.20. On average, 12819730 shares of ANR exchange hands on a given day and today's volume is recorded at 9650770.
