Among the most volatile stocks traded on June 15 were: Capstone Turbine Corp, Central Pacific Financial Corp, Northern Oil and Gas, Inc, RealD Inc, and Medivation, 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 Capstone Turbine Corp. (CPST) fell by 12.79% or $-0.22/share to $1.5. In the past year, the shares have traded as low as $0.62 and as high as $2.14. On average, 4269760 shares of CPST exchange hands on a given day and today's volume is recorded at 4016190. 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 $1.79 represents resistance and the 200-day moving average of $1.25 would be an area of support.
Shares of Central Pacific Financial Corp. (CPF) fell by 11.04% or $-1.56/share to $12.57. In the past year, the shares have traded as low as $12.42 and as high as $52.99. On average, 69080 shares of CPF exchange hands on a given day and today's volume is recorded at 81284. 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 $15.00 area but be careful because the stock may face selling pressure at this level.
Shares of Northern Oil and Gas, Inc. (NOG) traded higher by 6.24% or $1.18/share to $20.1. In the past year, the shares have traded as low as $11.95 and as high as $33.98. On average, 2765290 shares of NOG exchange hands on a given day and today's volume is recorded at 802722. 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 $21.47 area but be careful because the stock may face selling pressure at this level.
Shares of RealD Inc. (RLD) traded higher by 3.44% or $0.79/share to $23.78. In the past year, the shares have traded as low as $15.63 and as high as $35.60. On average, 927380 shares of RLD exchange hands on a given day and today's volume is recorded at 203649. The shares are currently trading below the 200-day moving average which indicates that the shares have been suffering from downward momentum lately. The stock may bounce higher to test the 200-day moving average, so look for a move up to the $24.67 area where the stock may encounter resistance.
Shares of Medivation, Inc. (MDVN) fell by 2.92% or $-0.63/share to $20.93. In the past year, the shares have traded as low as $8.43 and as high as $25.50. On average, 458270 shares of MDVN exchange hands on a given day and today's volume is recorded at 419723. 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 $22.43 represents resistance and the 200-day moving average of $16.10 would be an area of support.
