PacWest Bancorp, Qurate Retail, Inc., Sirius XM Holdings Inc and others have been slumping.

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

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 | 56.38% ($8.42) depreciation over 11 days (76.5455 cents per day average)

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 Friday'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). Also, the firm paid out a quarterly dividend of 25 cents per share on Tuesday, February 28th to all active shareholders as of Wednesday, February 15th. Eligible investors secured a quarterly dividend yield of 8.1% for this year.

| 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 media conglomerate to session lows around $1.14 while establishing a $1.14 to $1.29 session range Friday. Friday's trading volume was 7.11 million shares which is slightly under the 21-day average of 7.72 million.

Sirius XM continues a month downtrend; withdraws 3.42% Friday

More of the same from Friday's session: after ending Thursday at $3.8, Sirius XM declined to $3.64 Friday before closing at $3.67, thereby losing 3.42% in total. After setting a $3.64 – $3.8 range, Sirius XM closed the day 3.42% lower at $3.67. Daily trading volume (21.51 million shares) increased, making up 125% of the 21-day average (17.14 million).

The American broadcasting company's market cap currently stands at $14.28 billion with an average daily volume of 17.14 million shares. Sirius XM hit a significant low of $3.67 around 2 days ago, but has since recovered 3.54%. So far this year, it has been under-performing the Nasdaq by 42.44%. Pointing downwards for around 3 months. $2.28 billion was Sirius XM's last reported revenue with 9 cents being the current EPS.