Downward wedge patterns have been noticed on July 8 for the stocks OPNET Technologies Inc, NII Holdings Inc, China Eastern Airlines Corp. Ltd, Nuance Communications, Inc, and Deckers Outdoor Corp. 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 OPNET Technologies Inc (OPNT) fell by 7.40% or $-2.01/share to $25.17. In the past year, the shares have traded as low as $21.95 and as high as $47.34. On average, 225080 shares of OPNT exchange hands on a given day and today's volume is recorded at 82413.
Shares of NII Holdings Inc (NIHD) fell by 5.52% or $-0.55/share to $9.41. In the past year, the shares have traded as low as $9.92 and as high as $43.99. On average, 4064880 shares of NIHD exchange hands on a given day and today's volume is recorded at 4493768.
Shares of China Eastern Airlines Corp. Ltd (CEA) traded higher by 0.26% or $0.04/share to $15.56. In the past year, the shares have traded as low as $13.25 and as high as $25.92. On average, 56580 shares of CEA exchange hands on a given day and today's volume is recorded at 17095.
Shares of Nuance Communications, Inc (NUAN) fell by 3.64% or $-0.86/share to $22.75. In the past year, the shares have traded as low as $15.56 and as high as $31.15. On average, 4102500 shares of NUAN exchange hands on a given day and today's volume is recorded at 3338795.
Shares of Deckers Outdoor Corp (DECK) fell by 5.16% or $-2.45/share to $45.04. In the past year, the shares have traded as low as $42.16 and as high as $118.90. On average, 1864400 shares of DECK exchange hands on a given day and today's volume is recorded at 2015308.
