Downward wedge patterns have been noticed on May 22 for the stocks Universal American Corp, France Telecom, Hecla Mining Co, NII Holdings Inc, and PetroQuest Energy 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 Universal American Corp (UAM) fell by 0.31% or $-0.03/share to $9.72. In the past year, the shares have traded as low as $8.79 and as high as $13.62. On average, 270980 shares of UAM exchange hands on a given day and today's volume is recorded at 112292.
Shares of France Telecom (FTE) traded higher by 1.46% or $0.19/share to $13.28. In the past year, the shares have traded as low as $12.51 and as high as $20.76. On average, 1884600 shares of FTE exchange hands on a given day and today's volume is recorded at 1040512.
Shares of Hecla Mining Co (HL) traded higher by 0.73% or $0.03/share to $4.15. In the past year, the shares have traded as low as $3.70 and as high as $8.60. On average, 5590770 shares of HL exchange hands on a given day and today's volume is recorded at 3943638.
Shares of NII Holdings Inc (NIHD) traded higher by 1.23% or $0.14/share to $11.49. In the past year, the shares have traded as low as $10.46 and as high as $44.06. On average, 4055240 shares of NIHD exchange hands on a given day and today's volume is recorded at 2330063.
Shares of PetroQuest Energy Inc (PQ) fell by 2.88% or $-0.14/share to $4.72. In the past year, the shares have traded as low as $4.56 and as high as $8.70. On average, 836980 shares of PQ exchange hands on a given day and today's volume is recorded at 457679.
