Stocks falling to new 52 week lows on July 15 are Green Dot Corporation, Oclaro, Inc, AMR Corporation, Quad/Graphics, Inc, and Camelot Information Systems Inc. Investors are selling the stock and pushing it lower because they may think that these stocks were overvalued. This could be caused by earnings not meeting expectations, investor speculation, or a fall in market growth.
Shares of Green Dot Corporation (GDOT) fell by 3.78% or $-1.18/share to $30.04. In the past year, the shares have traded as low as $30.98 and as high as $65.11. On average, 335490 shares of GDOT exchange hands on a given day and today's volume is recorded at 178868. 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 $35.85 area but be careful because the stock may face selling pressure at this level.
Shares of Oclaro, Inc. (OCLR) fell by 3.65% or $-0.22/share to $5.8. In the past year, the shares have traded as low as $6.00 and as high as $18.95. On average, 1419450 shares of OCLR exchange hands on a given day and today's volume is recorded at 1058946. 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 $8.14 area but be careful because the stock may face selling pressure at this level.
Shares of AMR Corporation (AMR) fell by 1.57% or $-0.08/share to $5.01. In the past year, the shares have traded as low as $5.05 and as high as $8.98. On average, 10178440 shares of AMR exchange hands on a given day and today's volume is recorded at 6534416. 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 $5.94 area but be careful because the stock may face selling pressure at this level.
Shares of Quad/Graphics, Inc. (QUAD) fell by 1.88% or $-0.67/share to $35.01. In the past year, the shares have traded as low as $35.63 and as high as $49.10. On average, 132920 shares of QUAD exchange hands on a given day and today's volume is recorded at 99197. 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 $40.18 area but be careful because the stock may face selling pressure at this level.
Shares of Camelot Information Systems Inc. (CIS) fell by 7.18% or $-0.96/share to $12.41. In the past year, the shares have traded as low as $12.64 and as high as $28.18. On average, 619510 shares of CIS exchange hands on a given day and today's volume is recorded at 346306. 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 $15.63 area but be careful because the stock may face selling pressure at this level.
