PacWest Bancorp, Qurate Retail, Inc., Sirius XM Holdings Inc are at the top of this list of down trending stocks.

Leading equity indices in the US declined as S&P 500 was down 1.45% before closing the session at 3,861.59. Nasdaq shed 1.76% and closed at 11,139.

On the flip side, data from United States concerning Non Farm Payrolls was released yesterday at 13:30 UTC. Newly published figures emphasized continued decline from last month's figure of 504,000 to 311,000 this month.

What is a downtrend?

The perceived tendency of a price to move in a downward direction over time. A downtrend describes the price movement of a continously depreciative financial asset over a particular time frame. In a downtrend, each successive low and peak is lower than the ones found earlier in the trend. The downtrend is therefore composed of lower swing lows and lower swing highs.

PacWest Bancorp continues an 11 day downtrend; tumbles 37.91% yesterday

After setting a $12.21 – $17.84 range, PacWest Bancorp closed the day 37.91% lower at $12.35. After ending Thursday at $19.89, PacWest Bancorp dropped to $12.21 early in yesterday's session and closed at $12.35. In total, it lost 37.91%. Daily trading volume (36.86 million shares) increased, making up 1,033% of the 21-day average (3.57 million). PacWest Bancorp distributed a dividend of 25 cents per share on Tuesday, February 28th for all shareholders on record up until Wednesday, February 15th. Based on current prices, the decision means shareholders are receiving an annualised dividend yield of 8.1%.

| Qurate Retail | 43.6% (84 cents) depreciation over 9 days (9.3333 cents per day average)

After setting a $1.14 – $1.29 range, Qurate Retail closed the day 6.3% lower at $1.19. An influx of sellers pushed the US media corporation to end the session lower around $1.19, while establishing a $1.14 to $1.29 session range yesterday. The day's trading volume totalled 7.11 million shares — slightly below the 21-day average of 7.72 million.

| Sirius XM | 38.83% ($2.2) depreciation over a month (5.5 cents per day average)

After setting a $3.64 – $3.8 range, Sirius XM closed the day 3.42% lower at $3.67. After ending Thursday at $3.8, Sirius XM dropped to $3.64 early in yesterday's session and closed at $3.67. In total, it lost 3.42%. Daily trading volume (21.51 million shares) was slightly above the current multiday average of 17.14 million. Also, the firm paid out a quarterly dividend of 2.42 cents per share on Friday, February 24th to all active shareholders as of Thursday, February 9th. Eligible investors secured a quarterly dividend yield of 2.64% for this year.