These stocks, Goldcorp Inc, Cablevision Systems Corporation, TeleTech Holdings Inc, Fresh Del Monte Produce Inc, and North American Palladium Ltd, have been showing downward channel patterns on April 7. 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 Goldcorp Inc (GG) fell by 0.90% or $-0.37/share to $40.8. In the past year, the shares have traded as low as $40.55 and as high as $55.97. On average, 5329280 shares of GG exchange hands on a given day and today's volume is recorded at 7156790.
Shares of Cablevision Systems Corporation (CVC) fell by 0.07% or $-0.01/share to $14.0. In the past year, the shares have traded as low as $11.44 and as high as $26.81. On average, 3590510 shares of CVC exchange hands on a given day and today's volume is recorded at 2919734.
Shares of TeleTech Holdings Inc (TTEC) fell by 1.05% or $-0.17/share to $15.98. In the past year, the shares have traded as low as $14.10 and as high as $22.39. On average, 187160 shares of TTEC exchange hands on a given day and today's volume is recorded at 103735.
Shares of Fresh Del Monte Produce Inc (FDP) traded higher by 0.72% or $0.16/share to $22.43. In the past year, the shares have traded as low as $20.99 and as high as $27.38. On average, 256450 shares of FDP exchange hands on a given day and today's volume is recorded at 258640.
Shares of North American Palladium Ltd (PAL) fell by 1.19% or $-0.03/share to $2.5. In the past year, the shares have traded as low as $1.97 and as high as $6.92. On average, 1524630 shares of PAL exchange hands on a given day and today's volume is recorded at 1248940.
