Downward wedge patterns have been noticed on May 6 for the stocks Bill Barrett Corp, Atmos Energy Corporation, Market Vectors Gold Miners ETF, and Tellabs 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 2.42% or $-0.55/share to $22.19. In the past year, the shares have traded as low as $20.34 and as high as $52.13. On average, 1296120 shares of BBG exchange hands on a given day and today's volume is recorded at 1218126.
Shares of Atmos Energy Corporation (ATO) fell by 0.95% or $-0.31/share to $32.43. In the past year, the shares have traded as low as $27.62 and as high as $34.81. On average, 458620 shares of ATO exchange hands on a given day and today's volume is recorded at 371642.
Shares of Market Vectors Gold Miners ETF (GDX) traded higher by 0.39% or $0.17/share to $44.05. In the past year, the shares have traded as low as $43.40 and as high as $66.78. On average, 13005420 shares of GDX exchange hands on a given day and today's volume is recorded at 14629341.
Shares of Tellabs Inc (TLAB) traded higher by 0.27% or $0.01/share to $3.75. In the past year, the shares have traded as low as $3.63 and as high as $4.77. On average, 2565030 shares of TLAB exchange hands on a given day and today's volume is recorded at 3029429.
