These stocks, Public Service Enterprise Group Inc, Unit Corp, EXCO Resources Inc, Agnico-Eagle Mines Ltd, and Hecla Mining Co, have been showing downward channel patterns on March 24. This pattern is short-term bearish as the stock falls within the descending channel, but these patterns form long uptrends as a continuation pattern. The stock displays an downward tilt and is controlled by two parallel lines. The higher line connects two consecutive lower highs. The lower line connects two or more consecutive lower lows. As the price hits the lower line, it bounces up to the higher line which acts as a resistance line. Investors may want to watch out for a breakpoint as the stock will most likely hit a long-term up trend.
Shares of Public Service Enterprise Group Inc (PEG) fell by 0.47% or $-0.14/share to $29.67. In the past year, the shares have traded as low as $27.07 and as high as $34.69. On average, 3376440 shares of PEG exchange hands on a given day and today's volume is recorded at 2751648.
Shares of Unit Corp (UNT) traded higher by 1.58% or $0.69/share to $44.29. In the past year, the shares have traded as low as $33.56 and as high as $63.81. On average, 306960 shares of UNT exchange hands on a given day and today's volume is recorded at 224007.
Shares of EXCO Resources Inc (XCO) traded higher by 0.29% or $0.02/share to $7.03. In the past year, the shares have traded as low as $6.51 and as high as $20.72. On average, 5875390 shares of XCO exchange hands on a given day and today's volume is recorded at 6545954.
Shares of Agnico-Eagle Mines Ltd (AEM) traded higher by 2.47% or $0.81/share to $33.61. In the past year, the shares have traded as low as $31.25 and as high as $72.40. On average, 2198920 shares of AEM exchange hands on a given day and today's volume is recorded at 1300190.
Shares of Hecla Mining Co (HL) traded higher by 3.60% or $0.16/share to $4.61. In the past year, the shares have traded as low as $4.24 and as high as $9.89. On average, 7130620 shares of HL exchange hands on a given day and today's volume is recorded at 6615288.
