Among the most volatile stocks traded on August 11 were: The Active Network, Inc. Common, SodaStream International Ltd, A123 Systems, Inc, IntraLinks Holdings, Inc, and Ironwood Pharmaceuticals 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 The Active Network, Inc. Common (ACTV) traded higher by 5.48% or $0.73/share to $14.04. In the past year, the shares have traded as low as $13.02 and as high as $19.99. On average, 247000 shares of ACTV exchange hands on a given day and today's volume is recorded at 327425. 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 $17.98 area where the stock may encounter resistance.
Shares of SodaStream International Ltd. (SODA) fell by 30.88% or $-21.25/share to $47.56. In the past year, the shares have traded as low as $23.15 and as high as $79.72. On average, 1451700 shares of SODA exchange hands on a given day and today's volume is recorded at 5191864. 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 $64.36 represents resistance and the 200-day moving average of $46.24 would be an area of support.
Shares of A123 Systems, Inc. (AONE) traded higher by 43.22% or $1.37/share to $4.54. In the past year, the shares have traded as low as $2.99 and as high as $10.99. On average, 2590040 shares of AONE exchange hands on a given day and today's volume is recorded at 5007858. 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 $5.03 area but be careful because the stock may face selling pressure at this level.
Shares of IntraLinks Holdings, Inc. (IL) traded higher by 11.6% or $0.77/share to $7.41. In the past year, the shares have traded as low as $6.00 and as high as $32.25. On average, 1379250 shares of IL exchange hands on a given day and today's volume is recorded at 1047755. 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 $16.78 area but be careful because the stock may face selling pressure at this level.
Shares of Ironwood Pharmaceuticals Inc. (IRWD) traded higher by 5.31% or $0.61/share to $12.1. In the past year, the shares have traded as low as $8.90 and as high as $16.50. On average, 314620 shares of IRWD exchange hands on a given day and today's volume is recorded at 96273. 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 $13.09 area where the stock may encounter resistance.
