Among the most volatile stocks traded on August 29 were: MGIC Investment Corp, Nxstage Medical, Inc, National Bank of Greece SA, Travelzoo Inc, and Winn-Dixie Stores 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 MGIC Investment Corp. (MTG) traded higher by 10.98% or $0.27/share to $2.73. In the past year, the shares have traded as low as $1.59 and as high as $11.79. On average, 7849210 shares of MTG exchange hands on a given day and today's volume is recorded at 3268900. 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 $4.34 area but be careful because the stock may face selling pressure at this level.
Shares of Nxstage Medical, Inc. (NXTM) traded higher by 1.22% or $0.22/share to $18.18. In the past year, the shares have traded as low as $15.07 and as high as $27.12. On average, 615700 shares of NXTM exchange hands on a given day and today's volume is recorded at 59511. 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 $19.19 area but be careful because the stock may face selling pressure at this level.
Shares of National Bank of Greece SA (NBG) traded higher by 32.14% or $0.27/share to $1.11. In the past year, the shares have traded as low as $0.81 and as high as $2.87. On average, 5335790 shares of NBG exchange hands on a given day and today's volume is recorded at 7711903. 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 $1.23 area but be careful because the stock may face selling pressure at this level.
Shares of Travelzoo Inc. (TZOO) traded higher by 10.01% or $3.35/share to $36.8. In the past year, the shares have traded as low as $15.70 and as high as $103.81. On average, 1591220 shares of TZOO exchange hands on a given day and today's volume is recorded at 640313. 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 $55.14 area where the stock may encounter resistance.
Shares of Winn-Dixie Stores Inc. (WINN) traded higher by 8.47% or $0.56/share to $7.17. In the past year, the shares have traded as low as $5.95 and as high as $10.08. On average, 1159670 shares of WINN exchange hands on a given day and today's volume is recorded at 294276. 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 $7.29 area where the stock may encounter resistance.
