Downward wedge patterns have been noticed on June 28 for the stocks Silvercorp Metals Inc, France Telecom, Tootsie Roll Industries Inc, Seneca Foods Corp, and Cubist Pharmaceuticals 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 Silvercorp Metals Inc (SVM) fell by 4.61% or $-0.25/share to $5.17. In the past year, the shares have traded as low as $4.89 and as high as $12.00. On average, 1443820 shares of SVM exchange hands on a given day and today's volume is recorded at 1041675.
Shares of France Telecom (FTE) fell by 0.24% or $-0.03/share to $12.4. In the past year, the shares have traded as low as $11.44 and as high as $18.74. On average, 2006370 shares of FTE exchange hands on a given day and today's volume is recorded at 650504.
Shares of Tootsie Roll Industries Inc (TR) traded higher by 0.35% or $0.08/share to $22.95. In the past year, the shares have traded as low as $21.55 and as high as $29.51. On average, 119970 shares of TR exchange hands on a given day and today's volume is recorded at 47196.
Shares of Seneca Foods Corp (SENEB) remained unchanged at $26.12. In the past year, the shares have traded as low as $16.94 and as high as $29.25. On average, 220 shares of SENEB exchange hands on a given day and today's volume is recorded at 0.
Shares of Cubist Pharmaceuticals Inc (CBST) fell by 3.43% or $-1.33/share to $37.42. In the past year, the shares have traded as low as $28.82 and as high as $44.95. On average, 771270 shares of CBST exchange hands on a given day and today's volume is recorded at 861200.
