Stocks falling to new 52 week lows on August 26 are National Bank of Greece SA, Aviva plc, Human Genome Sciences Inc, Sanmina-SCI Corp, and Penn Virginia Corp. Investors are selling the stock and pushing it lower because they may think that these stocks were overvalued. This could be caused by earnings not meeting expectations, investor speculation, or a fall in market growth.
Shares of National Bank of Greece SA (NBG) fell by 3.45% or $-0.03/share to $0.85. In the past year, the shares have traded as low as $0.87 and as high as $2.87. On average, 5324050 shares of NBG exchange hands on a given day and today's volume is recorded at 1090817. 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 $1.24 area but be careful because the stock may face selling pressure at this level.
Shares of Aviva plc (AV) fell by 1.63% or $-0.17/share to $10.25. In the past year, the shares have traded as low as $10.37 and as high as $15.28. On average, 49270 shares of AV exchange hands on a given day and today's volume is recorded at 33776. 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 $12.79 area but be careful because the stock may face selling pressure at this level.
Shares of Human Genome Sciences Inc. (HGSI) remained unchanged at $12.29. In the past year, the shares have traded as low as $12.20 and as high as $30.48. On average, 3299430 shares of HGSI exchange hands on a given day and today's volume is recorded at 1935323. 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 $20.59 area but be careful because the stock may face selling pressure at this level.
Shares of Sanmina-SCI Corp. (SANM) traded higher by 2.64% or $0.18/share to $6.99. In the past year, the shares have traded as low as $6.81 and as high as $17.32. On average, 1002530 shares of SANM exchange hands on a given day and today's volume is recorded at 445609. 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 $9.36 area but be careful because the stock may face selling pressure at this level.
Shares of Penn Virginia Corp. (PVA) traded higher by 1.45% or $0.11/share to $7.68. In the past year, the shares have traded as low as $7.50 and as high as $18.56. On average, 1114090 shares of PVA exchange hands on a given day and today's volume is recorded at 347911. 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 $12.14 area but be careful because the stock may face selling pressure at this level.
