Stocks falling to new 52 week lows on July 15 are US Airways Group, Inc, CoreLogic, Inc, Portugal Telecom SGPS SA, Logitech International SA, and Empresas ICA, S.A.B. de C.V. 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 US Airways Group, Inc. (LCC) fell by 1.44% or $-0.11/share to $7.53. In the past year, the shares have traded as low as $7.62 and as high as $12.26. On average, 6291230 shares of LCC exchange hands on a given day and today's volume is recorded at 2335758. 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 $8.92 area but be careful because the stock may face selling pressure at this level.
Shares of CoreLogic, Inc. (CLGX) fell by 1.71% or $-0.28/share to $16.08. In the past year, the shares have traded as low as $16.24 and as high as $20.97. On average, 711600 shares of CLGX exchange hands on a given day and today's volume is recorded at 333013. 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 $17.46 area but be careful because the stock may face selling pressure at this level.
Shares of Portugal Telecom SGPS SA (PT) fell by 1.76% or $-0.15/share to $8.38. In the past year, the shares have traded as low as $8.47 and as high as $12.98. On average, 207840 shares of PT exchange hands on a given day and today's volume is recorded at 141901. 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 $10.15 area but be careful because the stock may face selling pressure at this level.
Shares of Logitech International SA (LOGI) fell by 0.79% or $-0.08/share to $10.02. In the past year, the shares have traded as low as $10.05 and as high as $23.29. On average, 1532730 shares of LOGI exchange hands on a given day and today's volume is recorded at 1017964. 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 $11.93 area but be careful because the stock may face selling pressure at this level.
Shares of Empresas ICA, S.A.B. de C.V. (ICA) fell by 3.17% or $-0.27/share to $8.26. In the past year, the shares have traded as low as $8.42 and as high as $11.42. On average, 185470 shares of ICA exchange hands on a given day and today's volume is recorded at 90364. 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 $9.28 area but be careful because the stock may face selling pressure at this level.
