Downward wedge patterns have been noticed on June 8 for the stocks NII Holdings Inc, Bill Barrett Corp, Hecla Mining Co, Genesis Energy LP, and The Wendy's Company. 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 NII Holdings Inc (NIHD) traded higher by 4.78% or $0.52/share to $11.4. In the past year, the shares have traded as low as $10.33 and as high as $44.00. On average, 3851550 shares of NIHD exchange hands on a given day and today's volume is recorded at 3772641.
Shares of Bill Barrett Corp (BBG) fell by 1.41% or $-0.25/share to $17.45. In the past year, the shares have traded as low as $17.55 and as high as $52.14. On average, 1462800 shares of BBG exchange hands on a given day and today's volume is recorded at 663642.
Shares of Hecla Mining Co (HL) traded higher by 1.11% or $0.05/share to $4.55. In the past year, the shares have traded as low as $3.68 and as high as $8.56. On average, 5383740 shares of HL exchange hands on a given day and today's volume is recorded at 3207314.
Shares of Genesis Energy LP (GEL) traded higher by 0.42% or $0.12/share to $28.48. In the past year, the shares have traded as low as $19.91 and as high as $33.33. On average, 270170 shares of GEL exchange hands on a given day and today's volume is recorded at 56701.
Shares of The Wendy's Company (WEN) fell by 0.66% or $-0.03/share to $4.5. In the past year, the shares have traded as low as $4.23 and as high as $5.53. On average, 3739340 shares of WEN exchange hands on a given day and today's volume is recorded at 1316372.
