Among the most volatile stocks traded on September 20 were: Golden Minerals Company, Netflix, Inc, Jiayuan.com International Ltd, Exeter Resource Corporation, and Jazz Pharmaceuticals, 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 Golden Minerals Company (AUMN) traded higher by 7.9% or $0.90/share to $12.29. In the past year, the shares have traded as low as $10.93 and as high as $28.90. On average, 194160 shares of AUMN exchange hands on a given day and today's volume is recorded at 119275. 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 $14.13 area but be careful because the stock may face selling pressure at this level.
Shares of Netflix, Inc. (NFLX) fell by 8.35% or $-12.00/share to $131.74. In the past year, the shares have traded as low as $140.01 and as high as $304.81. On average, 5013600 shares of NFLX exchange hands on a given day and today's volume is recorded at 10380002. 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 $228.24 area where the stock may encounter resistance.
Shares of Jiayuan.com International Ltd. (DATE) fell by 7.89% or $-0.75/share to $8.76. In the past year, the shares have traded as low as $9.12 and as high as $16.12. On average, 230880 shares of DATE exchange hands on a given day and today's volume is recorded at 93070. 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 $12.36 area where the stock may encounter resistance.
Shares of Exeter Resource Corporation (XRA) traded higher by 4.23% or $0.21/share to $5.17. In the past year, the shares have traded as low as $3.88 and as high as $6.98. On average, 485370 shares of XRA exchange hands on a given day and today's volume is recorded at 173019. 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 $5.06 area.
Shares of Jazz Pharmaceuticals, Inc. (JAZZ) traded higher by 4.94% or $2.16/share to $45.9. In the past year, the shares have traded as low as $9.61 and as high as $45.00. On average, 842020 shares of JAZZ exchange hands on a given day and today's volume is recorded at 1237701. The shares are currently trading above the 50-day moving average which indicates that the shares have been experiencing strong upward momentum as the 50 DMA is above the 200 DMA. The stock may come back down to test the 50-day moving average, so look for a move back to the $38.84 area where the stock will likely see buying pressure.
