Among the most volatile stocks traded on June 13 were: Isoftstone Holdings Limited, Neoprobe Corp, Alphatec Holdings, Inc, MDC Partners Inc, and E-Commerce China Dangdang Inc. . 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 Isoftstone Holdings Limited (ISS) fell by 7.22% or $-0.84/share to $10.8. In the past year, the shares have traded as low as $11.59 and as high as $22.63. On average, 224260 shares of ISS exchange hands on a given day and today's volume is recorded at 594852. 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 $17.78 area but be careful because the stock may face selling pressure at this level.
Shares of Neoprobe Corp. (NEOP) fell by 9.87% or $-0.37/share to $3.38. In the past year, the shares have traded as low as $1.50 and as high as $5.48. On average, 1228290 shares of NEOP exchange hands on a given day and today's volume is recorded at 977194. 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 $4.56 represents resistance and the 200-day moving average of $2.94 would be an area of support.
Shares of Alphatec Holdings, Inc. (ATEC) traded higher by 4.14% or $0.14/share to $3.52. In the past year, the shares have traded as low as $1.85 and as high as $5.40. On average, 363740 shares of ATEC exchange hands on a given day and today's volume is recorded at 78058. 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 $3.23 area where the stock will likely see buying pressure.
Shares of MDC Partners Inc. (MDCA) traded higher by 11.06% or $1.80/share to $18.07. In the past year, the shares have traded as low as $9.72 and as high as $20.11. On average, 85160 shares of MDCA exchange hands on a given day and today's volume is recorded at 80926. 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 $16.89 area where the stock will likely see buying pressure.
Shares of E-Commerce China Dangdang Inc. (DANG) fell by 8.74% or $-1.16/share to $12.14. In the past year, the shares have traded as low as $13.13 and as high as $36.41. On average, 2477650 shares of DANG exchange hands on a given day and today's volume is recorded at 2186236. 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 $20.49 area but be careful because the stock may face selling pressure at this level.
