Among the most volatile stocks traded on August 22 were: Crown Media Holdings Inc, E-Commerce China Dangdang Inc. , Isoftstone Holdings Limited, JAKKS Pacific, Inc, and TransAtlantic Petroleum Ltd. 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 Crown Media Holdings Inc. (CRWN) traded higher by 5.88% or $0.07/share to $1.26. In the past year, the shares have traded as low as $1.12 and as high as $3.89. On average, 124620 shares of CRWN exchange hands on a given day and today's volume is recorded at 32648. 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 $1.69 area but be careful because the stock may face selling pressure at this level.
Shares of E-Commerce China Dangdang Inc. (DANG) fell by 7.7% or $-0.62/share to $7.43. In the past year, the shares have traded as low as $7.77 and as high as $36.40. On average, 4235270 shares of DANG exchange hands on a given day and today's volume is recorded at 1660855. 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 $11.07 area but be careful because the stock may face selling pressure at this level.
Shares of Isoftstone Holdings Limited (ISS) traded higher by 1.57% or $0.15/share to $9.59. In the past year, the shares have traded as low as $9.27 and as high as $22.63. On average, 393410 shares of ISS exchange hands on a given day and today's volume is recorded at 135305. 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 $12.86 area but be careful because the stock may face selling pressure at this level.
Shares of JAKKS Pacific, Inc. (JAKK) traded higher by 1.33% or $0.20/share to $15.25. In the past year, the shares have traded as low as $14.21 and as high as $21.21. On average, 178610 shares of JAKK exchange hands on a given day and today's volume is recorded at 13956. 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 $17.33 area but be careful because the stock may face selling pressure at this level.
Shares of TransAtlantic Petroleum Ltd. (TAT) traded higher by 3.71% or $0.04/share to $1.09. In the past year, the shares have traded as low as $0.75 and as high as $3.59. On average, 2249210 shares of TAT exchange hands on a given day and today's volume is recorded at 321431. 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 $1.52 area but be careful because the stock may face selling pressure at this level.
