Among the most volatile stocks traded on July 28 were: Clearwire Corporation, Sturm, Ruger & Co. Inc, Allied Irish Banks plc, Yandex N. V, and Hill-Rom Holdings, 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 Clearwire Corporation (CLWR) fell by 21.84% or $-0.60/share to $2.16. In the past year, the shares have traded as low as $2.75 and as high as $8.80. On average, 5368060 shares of CLWR exchange hands on a given day and today's volume is recorded at 7299414. 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 $3.84 area but be careful because the stock may face selling pressure at this level.
Shares of Sturm, Ruger & Co. Inc. (RGR) traded higher by 23.33% or $5.61/share to $29.68. In the past year, the shares have traded as low as $12.51 and as high as $25.11. On average, 122030 shares of RGR exchange hands on a given day and today's volume is recorded at 476213. 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 $21.49 area where the stock will likely see buying pressure.
Shares of Allied Irish Banks plc (AIB) traded higher by 3.43% or $0.06/share to $1.82. In the past year, the shares have traded as low as $1.58 and as high as $13.64. On average, 868910 shares of AIB exchange hands on a given day and today's volume is recorded at 1468975. 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 $2.25 area but be careful because the stock may face selling pressure at this level.
Shares of Yandex N. V. (YNDX) fell by 5.89% or $-2.27/share to $36.24. In the past year, the shares have traded as low as $29.76 and as high as $42.01. On average, 3351510 shares of YNDX exchange hands on a given day and today's volume is recorded at 2148295. 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 $33.87 area.
Shares of Hill-Rom Holdings, Inc. (HRC) fell by 18.92% or $-8.30/share to $35.58. In the past year, the shares have traded as low as $28.11 and as high as $48.80. On average, 440140 shares of HRC exchange hands on a given day and today's volume is recorded at 2183203. The shares are currently trading below the 200-day moving average which indicates that the shares have been suffering from downward momentum lately. The stock may bounce higher to test the 200-day moving average, so look for a move up to the $41.09 area where the stock may encounter resistance.
