These stocks, Portugal Telecom SGPS SA, Polypore International Inc, Electronic Arts Inc, Silicon Graphics International Corp, and EXCO Resources Inc, have been showing downward channel patterns on March 25. 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 Portugal Telecom SGPS SA (PT) fell by 0.38% or $-0.02/share to $5.27. In the past year, the shares have traded as low as $4.95 and as high as $10.63. On average, 328930 shares of PT exchange hands on a given day and today's volume is recorded at 166957.
Shares of Polypore International Inc (PPO) traded higher by 3.48% or $1.24/share to $36.89. In the past year, the shares have traded as low as $33.80 and as high as $74.21. On average, 1920800 shares of PPO exchange hands on a given day and today's volume is recorded at 1182121.
Shares of Electronic Arts Inc (EA) fell by 0.59% or $-0.10/share to $16.86. In the past year, the shares have traded as low as $16.05 and as high as $26.13. On average, 8432440 shares of EA exchange hands on a given day and today's volume is recorded at 2905417.
Shares of Silicon Graphics International Corp (SGI) traded higher by 4.36% or $0.42/share to $10.05. In the past year, the shares have traded as low as $8.36 and as high as $22.95. On average, 843010 shares of SGI exchange hands on a given day and today's volume is recorded at 1488863.
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.
