Among the most volatile stocks traded on July 25 were: Hollysys Automation Technologies, Ltd, Cal-Maine Foods, Inc, Orbitz Worldwide, Inc, Radian Group Inc, and Bridgepoint Education, 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 Hollysys Automation Technologies, Ltd (HOLI) fell by 18.18% or $-1.92/share to $8.64. In the past year, the shares have traded as low as $7.59 and as high as $18.15. On average, 732640 shares of HOLI exchange hands on a given day and today's volume is recorded at 1523809. 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 $9.56 area but be careful because the stock may face selling pressure at this level.
Shares of Cal-Maine Foods, Inc. (CALM) fell by 0.17% or $-0.06/share to $35.45. In the past year, the shares have traded as low as $25.56 and as high as $36.55. On average, 133000 shares of CALM exchange hands on a given day and today's volume is recorded at 217044. 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 $30.26 area where the stock will likely see buying pressure.
Shares of Orbitz Worldwide, Inc. (OWW) traded higher by 10.54% or $0.33/share to $3.46. In the past year, the shares have traded as low as $2.06 and as high as $7.01. On average, 504580 shares of OWW exchange hands on a given day and today's volume is recorded at 530380. 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 $4.23 represents resistance and the 50-day moving average of $2.60 would be an area of support.
Shares of Radian Group Inc. (RDN) traded higher by 5.14% or $0.17/share to $3.48. In the past year, the shares have traded as low as $3.29 and as high as $10.11. On average, 3855860 shares of RDN exchange hands on a given day and today's volume is recorded at 2431851. 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 $4.24 area but be careful because the stock may face selling pressure at this level.
Shares of Bridgepoint Education, Inc. (BPI) fell by 10.3% or $-3.14/share to $27.36. In the past year, the shares have traded as low as $12.75 and as high as $30.62. On average, 652530 shares of BPI exchange hands on a given day and today's volume is recorded at 808100. 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 $24.45 area where the stock will likely see buying pressure.
