Among the most volatile stocks traded on August 9 were: EnerNOC, Inc, Freescale Semiconductor Inc, Cheniere Energy Partners LP, Universal Display Corp, and Golden Star Resources, 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 EnerNOC, Inc. (ENOC) fell by 36.07% or $-5.18/share to $9.18. In the past year, the shares have traded as low as $14.10 and as high as $34.38. On average, 337020 shares of ENOC exchange hands on a given day and today's volume is recorded at 1154114. 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 $16.29 area but be careful because the stock may face selling pressure at this level.
Shares of Freescale Semiconductor Inc. (FSL) traded higher by 27.9% or $2.93/share to $13.43. In the past year, the shares have traded as low as $9.43 and as high as $20.97. On average, 1945250 shares of FSL exchange hands on a given day and today's volume is recorded at 882200. 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 $16.92 area but be careful because the stock may face selling pressure at this level.
Shares of Cheniere Energy Partners LP. (CQP) traded higher by 29.25% or $3.53/share to $15.6. In the past year, the shares have traded as low as $12.00 and as high as $23.01. On average, 164950 shares of CQP exchange hands on a given day and today's volume is recorded at 265628. 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 $17.40 area but be careful because the stock may face selling pressure at this level.
Shares of Universal Display Corp. (PANL) traded higher by 26.1% or $5.95/share to $28.75. In the past year, the shares have traded as low as $18.75 and as high as $63.58. On average, 1207030 shares of PANL exchange hands on a given day and today's volume is recorded at 918148. 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 $34.00 area but be careful because the stock may face selling pressure at this level.
Shares of Golden Star Resources, Ltd. (GSS) fell by 10.14% or $-0.21/share to $1.86. In the past year, the shares have traded as low as $2.06 and as high as $6.01. On average, 3323220 shares of GSS exchange hands on a given day and today's volume is recorded at 2907385. 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 $2.49 area but be careful because the stock may face selling pressure at this level.
