Downward wedge patterns have been noticed on May 3 for the stocks Bill Barrett Corp, and Checkpoint Systems 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 Bill Barrett Corp (BBG) fell by 2.45% or $-0.57/share to $22.74. In the past year, the shares have traded as low as $20.34 and as high as $52.13. On average, 1287260 shares of BBG exchange hands on a given day and today's volume is recorded at 1539005.
Shares of Checkpoint Systems Inc (CKP) fell by 16.25% or $-1.81/share to $9.33. In the past year, the shares have traded as low as $10.35 and as high as $19.75. On average, 225040 shares of CKP exchange hands on a given day and today's volume is recorded at 1575211.
