Among the most volatile stocks traded on July 14 were: Fairchild Semiconductor International Inc, Pandora Media, Inc. Common Stoc, Orbitz Worldwide, Inc, Sky-mobi Limited, and Youku.com 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 Fairchild Semiconductor International Inc. (FCS) traded higher by 3.29% or $0.53/share to $16.66. In the past year, the shares have traded as low as $7.71 and as high as $21.02. On average, 2457340 shares of FCS exchange hands on a given day and today's volume is recorded at 2451630. 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 $17.66 represents resistance and the 200-day moving average of $16.14 would be an area of support.
Shares of Pandora Media, Inc. Common Stoc (P) fell by 6.08% or $-1.09/share to $16.84. In the past year, the shares have traded as low as $12.16 and as high as $26.00. On average, 4687600 shares of P exchange hands on a given day and today's volume is recorded at 760839. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $16.81 area.
Shares of Orbitz Worldwide, Inc. (OWW) traded higher by 3.4% or $0.10/share to $3.04. In the past year, the shares have traded as low as $2.06 and as high as $7.01. On average, 461010 shares of OWW exchange hands on a given day and today's volume is recorded at 349147. 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 $4.34 represents resistance and the 50-day moving average of $2.57 would be an area of support.
Shares of Sky-mobi Limited (MOBI) fell by 1.84% or $-0.18/share to $9.69. In the past year, the shares have traded as low as $4.98 and as high as $23.25. On average, 1530590 shares of MOBI exchange hands on a given day and today's volume is recorded at 336488. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $9.37 area.
Shares of Youku.com Inc (YOKU) fell by 3.94% or $-1.41/share to $34.4. In the past year, the shares have traded as low as $25.57 and as high as $69.95. On average, 4433310 shares of YOKU exchange hands on a given day and today's volume is recorded at 1816669. 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 $39.70 area but be careful because the stock may face selling pressure at this level.
