Among the most volatile stocks traded on September 30 were: Yandex N. V, iShares FTSE NAREIT Industrl/Offc Cp Idx, CEMEX, S.A.B. de C.V, Sina Corp, and Baidu, 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 Yandex N. V. (YNDX) fell by 6.9% or $-1.56/share to $21.04. In the past year, the shares have traded as low as $21.17 and as high as $42.01. On average, 1417900 shares of YNDX exchange hands on a given day and today's volume is recorded at 709592. 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 $30.37 area but be careful because the stock may face selling pressure at this level.
Shares of iShares FTSE NAREIT Industrl/Offc Cp Idx (FIO) traded higher by 4.42% or $0.80/share to $18.9. In the past year, the shares have traded as low as $14.90 and as high as $36.98. On average, 662160 shares of FIO exchange hands on a given day and today's volume is recorded at 170547. 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 $23.98 area but be careful because the stock may face selling pressure at this level.
Shares of CEMEX, S.A.B. de C.V. (CX) fell by 7.29% or $-0.25/share to $3.18. In the past year, the shares have traded as low as $3.33 and as high as $11.15. On average, 14384940 shares of CX exchange hands on a given day and today's volume is recorded at 7188891. 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 $5.30 area but be careful because the stock may face selling pressure at this level.
Shares of Sina Corp. (SINA) traded higher by 1.46% or $1.07/share to $74.3. In the past year, the shares have traded as low as $48.50 and as high as $147.13. On average, 6585850 shares of SINA exchange hands on a given day and today's volume is recorded at 5483879. 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 $98.97 area where the stock may encounter resistance.
Shares of Baidu, Inc. (BIDU) traded higher by 0.45% or $0.50/share to $110.79. In the past year, the shares have traded as low as $94.33 and as high as $165.95. On average, 9654180 shares of BIDU exchange hands on a given day and today's volume is recorded at 9951657. 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 $130.39 area where the stock may encounter resistance.
