Among the most volatile stocks traded on August 11 were: Niska Gas Storage Partners LLC, EnerSys, Petroleo Brasileiro, SouFun Holdings Ltd, and AOL, 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 Niska Gas Storage Partners LLC (NKA) fell by 15.08% or $-2.22/share to $12.5. In the past year, the shares have traded as low as $13.62 and as high as $21.37. On average, 253630 shares of NKA exchange hands on a given day and today's volume is recorded at 497444. 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 $16.74 area but be careful because the stock may face selling pressure at this level.
Shares of EnerSys (ENS) fell by 17.83% or $-3.91/share to $18.02. In the past year, the shares have traded as low as $21.55 and as high as $40.32. On average, 437940 shares of ENS exchange hands on a given day and today's volume is recorded at 1527344. 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 $32.35 area but be careful because the stock may face selling pressure at this level.
Shares of Petroleo Brasileiro (PBR) traded higher by 1.59% or $0.43/share to $27.39. In the past year, the shares have traded as low as $25.80 and as high as $42.58. On average, 14885240 shares of PBR exchange hands on a given day and today's volume is recorded at 8850573. 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 $32.63 area but be careful because the stock may face selling pressure at this level.
Shares of SouFun Holdings Ltd. (SFUN) traded higher by 5.67% or $1.04/share to $19.39. In the past year, the shares have traded as low as $14.96 and as high as $27.57. On average, 360250 shares of SFUN exchange hands on a given day and today's volume is recorded at 474954. 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 $19.81 area but be careful because the stock may face selling pressure at this level.
Shares of AOL, Inc. (AOL) traded higher by 17.81% or $1.82/share to $12.04. In the past year, the shares have traded as low as $10.06 and as high as $27.65. On average, 2003920 shares of AOL exchange hands on a given day and today's volume is recorded at 3046489. 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 $18.94 area but be careful because the stock may face selling pressure at this level.