Stocks falling to new 52 week lows on July 14 are TransAtlantic Petroleum Ltd, AsiaInfo-Linkage,Inc, The Governor and Company of The Bank of Ireland, Clearwire Corporation, and Fibria Celulose SA. 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 TransAtlantic Petroleum Ltd. (TAT) fell by 6.92% or $-0.11/share to $1.48. In the past year, the shares have traded as low as $1.58 and as high as $3.59. On average, 2374920 shares of TAT exchange hands on a given day and today's volume is recorded at 3668952. 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 $2.00 area but be careful because the stock may face selling pressure at this level.
Shares of AsiaInfo-Linkage,Inc. (ASIA) fell by 0.57% or $-0.09/share to $15.63. In the past year, the shares have traded as low as $13.49 and as high as $27.05. On average, 1069650 shares of ASIA exchange hands on a given day and today's volume is recorded at 380284. 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 $16.81 area but be careful because the stock may face selling pressure at this level.
Shares of The Governor and Company of The Bank of Ireland (IRE) fell by 2.42% or $-0.02/share to $0.91. In the past year, the shares have traded as low as $0.93 and as high as $4.87. On average, 2991040 shares of IRE exchange hands on a given day and today's volume is recorded at 2636508. 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 $1.42 area but be careful because the stock may face selling pressure at this level.
Shares of Clearwire Corporation (CLWR) fell by 3.28% or $-0.11/share to $3.24. In the past year, the shares have traded as low as $3.32 and as high as $8.82. On average, 5359210 shares of CLWR exchange hands on a given day and today's volume is recorded at 2042111. 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 $4.16 area but be careful because the stock may face selling pressure at this level.
Shares of Fibria Celulose SA (FBR) fell by 1.61% or $-0.19/share to $11.89. In the past year, the shares have traded as low as $12.01 and as high as $19.12. On average, 1592660 shares of FBR exchange hands on a given day and today's volume is recorded at 502470. 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 $14.12 area but be careful because the stock may face selling pressure at this level.
