Among the most volatile stocks traded on September 15 were: Alon Holdings Blue Square - Israel Ltd, Crown Media Holdings Inc, Midway Gold Corp, Education Management Corporation, and Zillow, 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 Alon Holdings Blue Square - Israel Ltd (BSI) traded higher by 12.59% or $0.60/share to $5.35. In the past year, the shares have traded as low as $4.53 and as high as $11.82. On average, 27700 shares of BSI exchange hands on a given day and today's volume is recorded at 73118. 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 $7.28 area but be careful because the stock may face selling pressure at this level.
Shares of Crown Media Holdings Inc. (CRWN) fell by 1.89% or $-0.02/share to $1.29. In the past year, the shares have traded as low as $1.12 and as high as $3.88. On average, 128850 shares of CRWN exchange hands on a given day and today's volume is recorded at 17063. 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 $1.50 area but be careful because the stock may face selling pressure at this level.
Shares of Midway Gold Corp. (MDW) traded higher by 6.95% or $0.19/share to $2.91. In the past year, the shares have traded as low as $0.53 and as high as $2.89. On average, 966120 shares of MDW exchange hands on a given day and today's volume is recorded at 850318. 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 $2.41 area where the stock will likely see buying pressure.
Shares of Education Management Corporation (EDMC) fell by 1.55% or $-0.26/share to $16.55. In the past year, the shares have traded as low as $8.42 and as high as $28.61. On average, 350760 shares of EDMC exchange hands on a given day and today's volume is recorded at 62072. 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 $19.44 area where the stock may encounter resistance.
Shares of Zillow, Inc. (Z) fell by 7.24% or $-2.50/share to $32.01. In the past year, the shares have traded as low as $23.43 and as high as $60.00. On average, 365130 shares of Z exchange hands on a given day and today's volume is recorded at 84786. 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 $31.01 area.
