Stocks falling to new 52 week lows on September 14 are Silvercorp Metals Inc, JA Solar Holdings Co., Ltd, Suntech Power Holdings Co. Ltd, KB Financial Group, Inc, and Vanguard Health Systems, Inc. C. 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 Silvercorp Metals Inc. (SVM) traded higher by 5.4% or $0.34/share to $6.64. In the past year, the shares have traded as low as $6.25 and as high as $16.28. On average, 5011360 shares of SVM exchange hands on a given day and today's volume is recorded at 16738345. 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 $9.48 area but be careful because the stock may face selling pressure at this level.
Shares of JA Solar Holdings Co., Ltd. (JASO) fell by 7.81% or $-0.21/share to $2.48. In the past year, the shares have traded as low as $2.60 and as high as $10.24. On average, 5074560 shares of JASO exchange hands on a given day and today's volume is recorded at 5207309. 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 $4.10 area but be careful because the stock may face selling pressure at this level.
Shares of Suntech Power Holdings Co. Ltd. (STP) fell by 5.85% or $-0.24/share to $3.86. In the past year, the shares have traded as low as $3.93 and as high as $10.83. On average, 2874410 shares of STP exchange hands on a given day and today's volume is recorded at 2472664. 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 $6.27 area but be careful because the stock may face selling pressure at this level.
Shares of KB Financial Group, Inc. (KB) fell by 5.08% or $-1.84/share to $34.41. In the past year, the shares have traded as low as $35.36 and as high as $55.46. On average, 221500 shares of KB exchange hands on a given day and today's volume is recorded at 126366. 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 $43.90 area but be careful because the stock may face selling pressure at this level.
Shares of Vanguard Health Systems, Inc. C (VHS) fell by 2.58% or $-0.27/share to $10.38. In the past year, the shares have traded as low as $10.51 and as high as $18.59. On average, 525510 shares of VHS exchange hands on a given day and today's volume is recorded at 131475. 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 $15.01 area but be careful because the stock may face selling pressure at this level.
