Stocks falling to new 52 week lows on July 14 are Lumber Liquidators Holdings, Inc, Genworth Financial Inc, Exterran Holdings, Inc, Corporate Office Properties Trust, and GOL Linhas A. 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 Lumber Liquidators Holdings, Inc. (LL) fell by 1.02% or $-0.18/share to $17.55. In the past year, the shares have traded as low as $17.64 and as high as $28.96. On average, 607820 shares of LL exchange hands on a given day and today's volume is recorded at 372181. 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 $24.50 area but be careful because the stock may face selling pressure at this level.
Shares of Genworth Financial Inc. (GNW) fell by 1.43% or $-0.14/share to $9.65. In the past year, the shares have traded as low as $9.70 and as high as $16.10. On average, 5958300 shares of GNW exchange hands on a given day and today's volume is recorded at 3331646. 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 $10.70 area but be careful because the stock may face selling pressure at this level.
Shares of Exterran Holdings, Inc. (EXH) fell by 1.12% or $-0.21/share to $18.47. In the past year, the shares have traded as low as $18.59 and as high as $29.96. On average, 839270 shares of EXH exchange hands on a given day and today's volume is recorded at 172715. 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 $20.21 area but be careful because the stock may face selling pressure at this level.
Shares of Corporate Office Properties Trust (OFC) remained unchanged at $30.28. In the past year, the shares have traded as low as $30.26 and as high as $38.00. On average, 776000 shares of OFC exchange hands on a given day and today's volume is recorded at 135919. 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 $32.52 area but be careful because the stock may face selling pressure at this level.
Shares of GOL Linhas A (GOL) fell by 3.46% or $-0.40/share to $11.17. In the past year, the shares have traded as low as $11.21 and as high as $18.50. On average, 1202490 shares of GOL exchange hands on a given day and today's volume is recorded at 452293. 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 $12.54 area but be careful because the stock may face selling pressure at this level.
