Among the most volatile stocks traded on July 11 were: Chart Industries Inc, VASCO Data Security International Inc, Body Central Corp, Renren Inc. American Depositary, and Capstone Turbine Corp. 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 Chart Industries Inc. (GTLS) fell by 7.62% or $-4.52/share to $54.8. In the past year, the shares have traded as low as $13.88 and as high as $59.54. On average, 452590 shares of GTLS exchange hands on a given day and today's volume is recorded at 241453. 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 $48.00 area where the stock will likely see buying pressure.
Shares of VASCO Data Security International Inc. (VDSI) traded higher by 6.68% or $0.86/share to $13.74. In the past year, the shares have traded as low as $5.76 and as high as $14.72. On average, 244050 shares of VDSI exchange hands on a given day and today's volume is recorded at 301068. 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 $11.41 area where the stock will likely see buying pressure.
Shares of Body Central Corp. (BODY) traded higher by 0.79% or $0.19/share to $24.33. In the past year, the shares have traded as low as $11.98 and as high as $26.98. On average, 226790 shares of BODY exchange hands on a given day and today's volume is recorded at 142076. 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 $22.92 area where the stock will likely see buying pressure.
Shares of Renren Inc. American Depositary (RENN) fell by 8.62% or $-0.94/share to $9.97. In the past year, the shares have traded as low as $6.13 and as high as $24.00. On average, 11417620 shares of RENN exchange hands on a given day and today's volume is recorded at 4712918. 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 $11.11 area but be careful because the stock may face selling pressure at this level.
Shares of Capstone Turbine Corp. (CPST) fell by 6.71% or $-0.11/share to $1.53. In the past year, the shares have traded as low as $0.62 and as high as $2.14. On average, 3463960 shares of CPST exchange hands on a given day and today's volume is recorded at 1665446. 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 $1.65 represents resistance and the 200-day moving average of $1.32 would be an area of support.
