Among the most volatile stocks traded on September 5 were: Grupo Aeroportuario Centro Norte, S.A. de C.V, Sterling Financial Corp, Netspend Holdings, Inc, MYR Group, Inc, and Finisar Corp. 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 Grupo Aeroportuario Centro Norte, S.A. de C.V. (OMAB) fell by 6.75% or $-0.97/share to $13.39. In the past year, the shares have traded as low as $11.02 and as high as $18.94. On average, 15850 shares of OMAB exchange hands on a given day and today's volume is recorded at 39096. 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 $15.67 area where the stock may encounter resistance.
Shares of Sterling Financial Corp. (STSA) fell by 10.75% or $-1.54/share to $12.78. In the past year, the shares have traded as low as $11.61 and as high as $74.00. On average, 207530 shares of STSA exchange hands on a given day and today's volume is recorded at 95819. 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 $15.21 area but be careful because the stock may face selling pressure at this level.
Shares of Netspend Holdings, Inc. (NTSP) fell by 8.14% or $-0.46/share to $5.19. In the past year, the shares have traded as low as $3.90 and as high as $16.21. On average, 510720 shares of NTSP exchange hands on a given day and today's volume is recorded at 333188. 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 $7.18 area but be careful because the stock may face selling pressure at this level.
Shares of MYR Group, Inc. (MYRG) fell by 6.47% or $-1.32/share to $19.08. In the past year, the shares have traded as low as $13.32 and as high as $26.54. On average, 123310 shares of MYRG exchange hands on a given day and today's volume is recorded at 74086. 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 $21.95 area where the stock may encounter resistance.
Shares of Finisar Corp. (FNSR) traded higher by 8.71% or $1.62/share to $20.21. In the past year, the shares have traded as low as $12.26 and as high as $46.09. On average, 5038190 shares of FNSR exchange hands on a given day and today's volume is recorded at 22406336. The shares are currently trading below the 200-day moving average but above the 50-day moving average. The stock may be range bound between these two levels where the 200-day moving average of $24.78 represents resistance and the 50-day moving average of $16.97 would be an area of support.
