Among the most volatile stocks traded on August 25 were: VirnetX Holding Corp, Carbonite, Inc, ATP Oil & Gas Corp, RealPage, Inc, and rue21, 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 VirnetX Holding Corp (VHC) traded higher by 17.49% or $3.34/share to $22.44. In the past year, the shares have traded as low as $5.92 and as high as $41.77. On average, 1942050 shares of VHC exchange hands on a given day and today's volume is recorded at 569941. 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 $28.35 represents resistance and the 200-day moving average of $20.22 would be an area of support.
Shares of Carbonite, Inc. (CARB) traded higher by 13.6% or $1.79/share to $14.95. In the past year, the shares have traded as low as $10.80 and as high as $21.10. On average, 318960 shares of CARB exchange hands on a given day and today's volume is recorded at 81495. 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 $14.25 area.
Shares of ATP Oil & Gas Corp. (ATPG) traded higher by 5.18% or $0.61/share to $12.39. In the past year, the shares have traded as low as $6.26 and as high as $21.40. On average, 1773270 shares of ATPG exchange hands on a given day and today's volume is recorded at 1384090. 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 $13.69 area but be careful because the stock may face selling pressure at this level.
Shares of RealPage, Inc. (RP) fell by 6.05% or $-1.21/share to $18.8. In the past year, the shares have traded as low as $15.76 and as high as $34.19. On average, 373740 shares of RP exchange hands on a given day and today's volume is recorded at 24222. 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 $24.44 area but be careful because the stock may face selling pressure at this level.
Shares of rue21, Inc. (RUE) fell by 7.04% or $-1.90/share to $25.07. In the past year, the shares have traded as low as $20.28 and as high as $37.33. On average, 353300 shares of RUE exchange hands on a given day and today's volume is recorded at 1038792. 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 $30.69 area where the stock may encounter resistance.
