Downward wedge patterns have been noticed on May 7 for the stocks Bill Barrett Corp, Agnico-Eagle Mines Ltd, Patriot Coal Corporation, Aurizon Mines Ltd, and Pitney Bowes 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) traded higher by 1.13% or $0.25/share to $22.44. In the past year, the shares have traded as low as $20.34 and as high as $52.13. On average, 1294890 shares of BBG exchange hands on a given day and today's volume is recorded at 1000358.
Shares of Agnico-Eagle Mines Ltd (AEM) traded higher by 0.24% or $0.09/share to $38.34. In the past year, the shares have traded as low as $31.25 and as high as $72.41. On average, 2447700 shares of AEM exchange hands on a given day and today's volume is recorded at 1719059.
Shares of Patriot Coal Corporation (PCX) fell by 2.81% or $-0.15/share to $5.18. In the past year, the shares have traded as low as $5.21 and as high as $25.27. On average, 7022190 shares of PCX exchange hands on a given day and today's volume is recorded at 4818068.
Shares of Aurizon Mines Ltd (AZK) fell by 4.98% or $-0.27/share to $5.15. In the past year, the shares have traded as low as $4.37 and as high as $7.25. On average, 617530 shares of AZK exchange hands on a given day and today's volume is recorded at 371901.
Shares of Pitney Bowes Inc (PBI) fell by 2.00% or $-0.34/share to $16.76. In the past year, the shares have traded as low as $16.53 and as high as $23.46. On average, 3164150 shares of PBI exchange hands on a given day and today's volume is recorded at 3524412.
