Among the most volatile stocks traded on September 21 were: Illumina Inc, Noah Holdings Limited, Aruba Networks, Inc, HEALTHSOUTH Corp, and Jiayuan.com International Ltd. 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 Illumina Inc. (ILMN) fell by 6.69% or $-3.01/share to $41.97. In the past year, the shares have traded as low as $43.75 and as high as $79.40. On average, 2297250 shares of ILMN exchange hands on a given day and today's volume is recorded at 1595514. 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 $56.31 area but be careful because the stock may face selling pressure at this level.
Shares of Noah Holdings Limited (NOAH) fell by 2.94% or $-0.36/share to $11.9. In the past year, the shares have traded as low as $9.67 and as high as $20.68. On average, 139320 shares of NOAH exchange hands on a given day and today's volume is recorded at 68165. 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 $12.63 area but be careful because the stock may face selling pressure at this level.
Shares of Aruba Networks, Inc. (ARUN) fell by 1.31% or $-0.27/share to $20.34. In the past year, the shares have traded as low as $16.20 and as high as $36.40. On average, 4236780 shares of ARUN exchange hands on a given day and today's volume is recorded at 1879925. 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 $21.69 area but be careful because the stock may face selling pressure at this level.
Shares of HEALTHSOUTH Corp. (HLS) fell by 2.42% or $-0.40/share to $16.1. In the past year, the shares have traded as low as $14.07 and as high as $28.50. On average, 1436210 shares of HLS exchange hands on a given day and today's volume is recorded at 1604369. 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 $21.18 area but be careful because the stock may face selling pressure at this level.
Shares of Jiayuan.com International Ltd. (DATE) traded higher by 1.72% or $0.14/share to $8.56. In the past year, the shares have traded as low as $8.07 and as high as $16.13. On average, 234230 shares of DATE exchange hands on a given day and today's volume is recorded at 79164. 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 $12.33 area where the stock may encounter resistance.
