Among the most volatile stocks traded on September 20 were: HEALTHSOUTH Corp, Magnum Hunter Resources Corp, Molycorp, Inc, INTL FCStone Inc, and MedQuist Holdings 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 HEALTHSOUTH Corp. (HLS) fell by 14.35% or $-2.58/share to $15.4. In the past year, the shares have traded as low as $16.96 and as high as $28.50. On average, 1279990 shares of HLS exchange hands on a given day and today's volume is recorded at 3492889. 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 $21.36 area but be careful because the stock may face selling pressure at this level.
Shares of Magnum Hunter Resources Corp. (MHR) traded higher by 11.9% or $0.52/share to $4.89. In the past year, the shares have traded as low as $3.72 and as high as $8.66. On average, 2876330 shares of MHR exchange hands on a given day and today's volume is recorded at 1829483. 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 $5.47 area but be careful because the stock may face selling pressure at this level.
Shares of Molycorp, Inc. (MCP) fell by 17.15% or $-9.09/share to $43.92. In the past year, the shares have traded as low as $22.41 and as high as $79.16. On average, 4766000 shares of MCP exchange hands on a given day and today's volume is recorded at 9540219. 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 $54.42 area where the stock may encounter resistance.
Shares of INTL FCStone Inc. (INTL) traded higher by 1.07% or $0.23/share to $21.76. In the past year, the shares have traded as low as $17.35 and as high as $27.25. On average, 56260 shares of INTL exchange hands on a given day and today's volume is recorded at 132876. 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 $23.18 area but be careful because the stock may face selling pressure at this level.
Shares of MedQuist Holdings Inc. (MEDH) traded higher by 7.78% or $0.67/share to $9.28. In the past year, the shares have traded as low as $6.80 and as high as $14.20. On average, 361380 shares of MEDH exchange hands on a given day and today's volume is recorded at 136066. 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 $10.25 area but be careful because the stock may face selling pressure at this level.
