Among the most volatile stocks traded on June 15 were: Intel Corporation, Synutra International Inc, DST Systems Inc, Affymetrix Inc, and Korn/Ferry International. These stocks are risky as they have high volatility. Since these stocks carry a lot of risk, they will usually provide large returns. This high volatility could be caused by their business strategy or the type of sector they are in.
Shares of Intel Corporation (INTC) fell by 0.32% or $-0.07/share to $21.75. In the past year, the shares have traded as low as $17.18 and as high as $23.96. On average, 67269100 shares of INTC exchange hands on a given day and today's volume is recorded at 7980103. The shares are currently trading below the 50-day moving average but above the 200-day moving average. The stock may be range bound between these two levels where the 50-day moving average of $21.88 represents resistance and the 200-day moving average of $20.63 would be an area of support.
Shares of Synutra International Inc. (SYUT) traded higher by 7.96% or $0.76/share to $10.35. In the past year, the shares have traded as low as $8.71 and as high as $24.25. On average, 89180 shares of SYUT exchange hands on a given day and today's volume is recorded at 34340. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momentum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $10.64 area but be careful because the stock may face selling pressure at this level.
Shares of DST Systems Inc. (DST) traded higher by 14.16% or $6.84/share to $55.15. In the past year, the shares have traded as low as $34.97 and as high as $55.33. On average, 290430 shares of DST exchange hands on a given day and today's volume is recorded at 1445615. The shares are currently trading above the 50-day moving average which indicates that the shares have been experiencing strong upward momentum as the 50 DMA is above the 200 DMA. The stock may come back down to test the 50-day moving average, so look for a move back to the $49.52 area where the stock will likely see buying pressure.
Shares of Affymetrix Inc. (AFFX) traded higher by 5.23% or $0.38/share to $7.64. In the past year, the shares have traded as low as $3.75 and as high as $7.44. On average, 1308140 shares of AFFX exchange hands on a given day and today's volume is recorded at 967330. The shares are currently trading above the 50-day moving average which indicates that the shares have been experiencing strong upward momentum as the 50 DMA is above the 200 DMA. The stock may come back down to test the 50-day moving average, so look for a move back to the $6.03 area where the stock will likely see buying pressure.
Shares of Korn/Ferry International (KFY) traded higher by 6.41% or $1.38/share to $22.9. In the past year, the shares have traded as low as $12.78 and as high as $24.77. On average, 267840 shares of KFY exchange hands on a given day and today's volume is recorded at 184407. The shares are currently trading above the 50-day moving average which indicates that the shares have been experiencing strong upward momentum as the 50 DMA is above the 200 DMA. The stock may come back down to test the 50-day moving average, so look for a move back to the $20.57 area where the stock will likely see buying pressure.
