Among the most volatile stocks traded on July 29 were: Constant Contact, Inc, American Capital Agency Corp, Annaly Capital Management, Inc, Maxwell Technologies Inc, and Invesco Mortgage Capital 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 Constant Contact, Inc. (CTCT) fell by 10.18% or $-2.13/share to $18.79. In the past year, the shares have traded as low as $16.75 and as high as $36.33. On average, 507930 shares of CTCT exchange hands on a given day and today's volume is recorded at 1630612. 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 $23.48 area but be careful because the stock may face selling pressure at this level.
Shares of American Capital Agency Corp. (AGNC) fell by 4.55% or $-1.29/share to $27.04. In the past year, the shares have traded as low as $22.20 and as high as $30.34. On average, 4827250 shares of AGNC exchange hands on a given day and today's volume is recorded at 10443653. 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 $29.05 represents resistance and the 200-day moving average of $27.00 would be an area of support.
Shares of Annaly Capital Management, Inc. (NLY) fell by 5.15% or $-0.89/share to $16.38. In the past year, the shares have traded as low as $14.50 and as high as $18.58. On average, 17558970 shares of NLY exchange hands on a given day and today's volume is recorded at 38831912. 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 $16.86 area where the stock may encounter resistance.
Shares of Maxwell Technologies Inc. (MXWL) traded higher by 15.43% or $2.18/share to $16.31. In the past year, the shares have traded as low as $10.19 and as high as $19.65. On average, 152060 shares of MXWL exchange hands on a given day and today's volume is recorded at 244263. The shares are currently trading below the 200-day moving average but above the 50-day moving average. The stock may be range bound between these two levels where the 200-day moving average of $16.86 represents resistance and the 50-day moving average of $15.25 would be an area of support.
Shares of Invesco Mortgage Capital Inc. (IVR) fell by 2.23% or $-0.44/share to $19.29. In the past year, the shares have traded as low as $16.83 and as high as $22.27. On average, 1697930 shares of IVR exchange hands on a given day and today's volume is recorded at 2425564. 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 $20.69 area where the stock may encounter resistance.
