Among the most volatile stocks traded on July 12 were: China Real Estate Information Corporation, ValueVision Media Inc, American Superconductor Corporation, Westport Innovations Inc, and Quest Software 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 China Real Estate Information Corporation (CRIC) fell by 1.96% or $-0.12/share to $6.01. In the past year, the shares have traded as low as $4.54 and as high as $11.74. On average, 228200 shares of CRIC exchange hands on a given day and today's volume is recorded at 99000. 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 $6.55 area but be careful because the stock may face selling pressure at this level.
Shares of ValueVision Media Inc. (VVTV) traded higher by 1.97% or $0.16/share to $8.3. In the past year, the shares have traded as low as $1.41 and as high as $8.73. On average, 530060 shares of VVTV exchange hands on a given day and today's volume is recorded at 140931. The shares are currently trading above the 50-day moving average which indicates that the shares have been experiencing strong upward momentum as the 50 DMA is above the 200 DMA. The stock may come back down to test the 50-day moving average, so look for a move back to the $7.09 area where the stock will likely see buying pressure.
Shares of American Superconductor Corporation (AMSC) fell by 5.98% or $-0.51/share to $8.02. In the past year, the shares have traded as low as $7.40 and as high as $38.88. On average, 1794190 shares of AMSC exchange hands on a given day and today's volume is recorded at 1486846. 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 $9.49 area but be careful because the stock may face selling pressure at this level.
Shares of Westport Innovations Inc. (WPRT) traded higher by 9.74% or $2.36/share to $26.58. In the past year, the shares have traded as low as $14.25 and as high as $27.90. On average, 795270 shares of WPRT exchange hands on a given day and today's volume is recorded at 903799. The shares are currently trading above the 50-day moving average which indicates that the shares have been experiencing strong upward momentum as the 50 DMA is above the 200 DMA. The stock may come back down to test the 50-day moving average, so look for a move back to the $23.14 area where the stock will likely see buying pressure.
Shares of Quest Software Inc. (QSFT) fell by 11.51% or $-2.60/share to $19.99. In the past year, the shares have traded as low as $18.19 and as high as $28.47. On average, 906180 shares of QSFT exchange hands on a given day and today's volume is recorded at 2351960. 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 $22.38 area but be careful because the stock may face selling pressure at this level.
