Among the most volatile stocks traded on October 28 were: Federated Investors, Inc, Micrel Inc, Stamps.com Inc, Yingli Green Energy Holding Co. Ltd, and Arch Coal 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 Federated Investors, Inc. (FII) fell by 4.23% or $-0.88/share to $19.9. In the past year, the shares have traded as low as $16.01 and as high as $27.73. On average, 2004370 shares of FII exchange hands on a given day and today's volume is recorded at 466753. 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 $22.88 represents resistance and the 50-day moving average of $17.56 would be an area of support.
Shares of Micrel Inc. (MCRL) traded higher by 7.75% or $0.86/share to $11.96. In the past year, the shares have traded as low as $8.81 and as high as $14.88. On average, 557480 shares of MCRL exchange hands on a given day and today's volume is recorded at 870107. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $11.45 area.
Shares of Stamps.com Inc. (STMP) traded higher by 19.45% or $5.04/share to $30.95. In the past year, the shares have traded as low as $10.95 and as high as $26.50. On average, 348570 shares of STMP exchange hands on a given day and today's volume is recorded at 886313. 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 $21.19 area where the stock will likely see buying pressure.
Shares of Yingli Green Energy Holding Co. Ltd. (YGE) traded higher by 5.31% or $0.24/share to $4.76. In the past year, the shares have traded as low as $2.75 and as high as $13.59. On average, 4815800 shares of YGE exchange hands on a given day and today's volume is recorded at 3396872. 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 $8.65 represents resistance and the 50-day moving average of $4.32 would be an area of support.
Shares of Arch Coal Inc. (ACI) traded higher by 7.84% or $1.43/share to $19.67. In the past year, the shares have traded as low as $13.09 and as high as $36.65. On average, 7229660 shares of ACI exchange hands on a given day and today's volume is recorded at 4143866. 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 $26.80 represents resistance and the 50-day moving average of $17.47 would be an area of support.
