Discover 3 stocks with definitive 'Buy the Dip' potential

Oak Street Health, Inc., Gold Fields Limited, Wheaton Precious Metals Corp. and others are trending higher.

Leading equity indices in the US declined as Dow Jones closed at 31,862, a 1.19% change. S&P 500 was down 1.1% before closing the session at 3,916.64.

What is an uptrend?

An uptrend describes the price movement of a continuously appreciative financial asset over a particular time frame. In an uptrend, each successive peak and trough is higher than the ones found earlier in the trend. The uptrend is therefore composed of higher swing lows and higher swing highs.

Oak Street Health continues a 25 day uptrend; moves 0.25% Friday

After setting a $35.45 – $35.7 range, Oak Street Health, Inc. closed the day broadly flat at $35.64. Oak Street Health moves 0.25% to close at $35.64 Friday. Friday's trading volume was 1.61 million shares which is below the 21-day average of 5 million.

Gold Fields continues a 5 day uptrend; leaps up 6.45% Friday

After setting a $10.93 – $11.69 range, Gold Fields closed the day at $11.55 having risen 6.45%. Gold Fields rose 70 cents to close at $11.55 Friday which makes for a move of 6.45%. Daily trading volume (16 million shares) was higher than the current multiday average of 5.52 million.

Wheaton Precious Metals Corp continues a 4 day uptrend; rallies 4.43% Friday

Friday's session pointed in the same direction — Wheaton Precious Metals Corp rallies 4.43% to close at $45.3 Friday. After setting a $43.63 – $45.73 range, Wheaton Precious Metals Corp closed the day at $45.3 having risen 4.43%. Daily trading volume (6.84 million shares) increased, making up 279% of the 21-day average (2.45 million).

Wheaton Precious Metals Corp is currently trading with a market cap of $20.49 billion with an average daily volume of 2.45 million shares. Wheaton Precious Metals Corp hit a significant low of $29.08 around 5 months ago, but has since recovered 49.17%. So far this year, it has been doing worse than the Nasdaq by 0.2%. Wheaton Precious Metals Corp is forecasted to generate revenues of $250.66 million and EPS of 24 cents.