Among the most volatile stocks traded on July 15 were: Energy Partners Ltd, BPZ Resources, Inc, Abraxas Petroleum Corp, A123 Systems, Inc, and Body Central 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 Energy Partners Ltd. (EPL) traded higher by 5.31% or $0.81/share to $16.07. In the past year, the shares have traded as low as $9.61 and as high as $18.56. On average, 322650 shares of EPL exchange hands on a given day and today's volume is recorded at 105095. 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 $15.19 area where the stock will likely see buying pressure.
Shares of BPZ Resources, Inc. (BPZ) traded higher by 6.15% or $0.22/share to $3.8. In the past year, the shares have traded as low as $2.91 and as high as $6.83. On average, 2000570 shares of BPZ exchange hands on a given day and today's volume is recorded at 700647. 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 $4.50 represents resistance and the 50-day moving average of $3.71 would be an area of support.
Shares of Abraxas Petroleum Corp. (AXAS) traded higher by 7.35% or $0.30/share to $4.38. In the past year, the shares have traded as low as $2.30 and as high as $6.16. On average, 2174150 shares of AXAS exchange hands on a given day and today's volume is recorded at 802763. 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 $4.25 area.
Shares of A123 Systems, Inc. (AONE) traded higher by 6.95% or $0.37/share to $5.69. In the past year, the shares have traded as low as $4.49 and as high as $11.53. On average, 3079920 shares of AONE exchange hands on a given day and today's volume is recorded at 1062153. 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 $7.78 represents resistance and the 50-day moving average of $5.42 would be an area of support.
Shares of Body Central Corp. (BODY) fell by 2.33% or $-0.56/share to $23.44. In the past year, the shares have traded as low as $11.98 and as high as $26.98. On average, 226590 shares of BODY exchange hands on a given day and today's volume is recorded at 148204. 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 $22.98 area where the stock will likely see buying pressure.
