Stocks falling to new 52 week lows on October 18 are Qiagen NV, Endurance Specialty Holdings Ltd, Niska Gas Storage Partners LLC, FormFactor Inc, and MF Global Holdings Ltd. Investors are selling the stock and pushing it lower because they may think that these stocks were overvalued. This could be caused by earnings not meeting expectations, investor speculation, or a fall in market growth.
Shares of Qiagen NV (QGEN) fell by 1.51% or $-0.20/share to $12.76. In the past year, the shares have traded as low as $12.63 and as high as $22.21. On average, 2274230 shares of QGEN exchange hands on a given day and today's volume is recorded at 2347974. 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 $14.26 area but be careful because the stock may face selling pressure at this level.
Shares of Endurance Specialty Holdings Ltd. (ENH) traded higher by 1.71% or $0.55/share to $32.74. In the past year, the shares have traded as low as $31.93 and as high as $49.54. On average, 415320 shares of ENH exchange hands on a given day and today's volume is recorded at 215282. 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 $34.70 area but be careful because the stock may face selling pressure at this level.
Shares of Niska Gas Storage Partners LLC (NKA) traded higher by 0.95% or $0.10/share to $10.69. In the past year, the shares have traded as low as $10.41 and as high as $21.38. On average, 222180 shares of NKA exchange hands on a given day and today's volume is recorded at 62810. 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 $12.03 area but be careful because the stock may face selling pressure at this level.
Shares of FormFactor Inc. (FORM) traded higher by 2.33% or $0.14/share to $6.14. In the past year, the shares have traded as low as $5.91 and as high as $11.05. On average, 540790 shares of FORM exchange hands on a given day and today's volume is recorded at 563151. 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 $7.25 area but be careful because the stock may face selling pressure at this level.
Shares of MF Global Holdings Ltd. (MF) traded higher by 2.43% or $0.09/share to $3.8. In the past year, the shares have traded as low as $3.68 and as high as $9.28. On average, 3871910 shares of MF exchange hands on a given day and today's volume is recorded at 765311. 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 $4.84 area but be careful because the stock may face selling pressure at this level.
