Among the most volatile stocks traded on September 15 were: Crosstex Energy Inc, Charming Shoppes Inc, Deltek, Inc, Paramount Gold and Silver Corp, and Pier 1 Imports, 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 Crosstex Energy Inc. (XTXI) traded higher by 3.95% or $0.52/share to $13.67. In the past year, the shares have traded as low as $7.32 and as high as $15.30. On average, 906460 shares of XTXI exchange hands on a given day and today's volume is recorded at 483483. 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 $11.91 area where the stock will likely see buying pressure.
Shares of Charming Shoppes Inc. (CHRS) traded higher by 6.54% or $0.18/share to $2.95. In the past year, the shares have traded as low as $2.29 and as high as $4.93. On average, 1665280 shares of CHRS exchange hands on a given day and today's volume is recorded at 868335. 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 $3.51 area but be careful because the stock may face selling pressure at this level.
Shares of Deltek, Inc (PROJ) traded higher by 4.94% or $0.31/share to $6.58. In the past year, the shares have traded as low as $5.47 and as high as $8.68. On average, 55620 shares of PROJ exchange hands on a given day and today's volume is recorded at 19609. 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 $6.84 area but be careful because the stock may face selling pressure at this level.
Shares of Paramount Gold and Silver Corp. (PZG) fell by 6.99% or $-0.20/share to $2.66. In the past year, the shares have traded as low as $1.45 and as high as $4.52. On average, 1681400 shares of PZG exchange hands on a given day and today's volume is recorded at 782793. 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 $2.76 area but be careful because the stock may face selling pressure at this level.
Shares of Pier 1 Imports, Inc. (PIR) fell by 5.4% or $-0.63/share to $11.04. In the past year, the shares have traded as low as $7.37 and as high as $12.75. On average, 2244250 shares of PIR exchange hands on a given day and today's volume is recorded at 2485792. 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 $10.80 area where the stock will likely see buying pressure.
