Among the most volatile stocks traded on October 7 were: Clearwire Corporation, H&E Equipment Services Inc, Trina Solar Ltd, ServiceSource International, In, and Yingli Green Energy Holding Co. 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 Clearwire Corporation (CLWR) fell by 14.68% or $-0.30/share to $1.75. In the past year, the shares have traded as low as $1.32 and as high as $7.51. On average, 6774330 shares of CLWR exchange hands on a given day and today's volume is recorded at 6800036. 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 $2.43 area but be careful because the stock may face selling pressure at this level.
Shares of H&E Equipment Services Inc. (HEES) traded higher by 2.54% or $0.22/share to $8.88. In the past year, the shares have traded as low as $6.80 and as high as $20.40. On average, 174080 shares of HEES exchange hands on a given day and today's volume is recorded at 30167. 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 $9.39 area but be careful because the stock may face selling pressure at this level.
Shares of Trina Solar Ltd. (TSL) fell by 8.66% or $-0.70/share to $7.38. In the past year, the shares have traded as low as $5.28 and as high as $31.89. On average, 3886480 shares of TSL exchange hands on a given day and today's volume is recorded at 1843258. 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 $12.23 area but be careful because the stock may face selling pressure at this level.
Shares of ServiceSource International, In (SREV) traded higher by 12.06% or $1.61/share to $14.96. In the past year, the shares have traded as low as $11.29 and as high as $23.60. On average, 711020 shares of SREV exchange hands on a given day and today's volume is recorded at 1432554. 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 $15.81 area but be careful because the stock may face selling pressure at this level.
Shares of Yingli Green Energy Holding Co. Ltd. (YGE) fell by 4.3% or $-0.16/share to $3.56. In the past year, the shares have traded as low as $2.75 and as high as $14.29. On average, 4979660 shares of YGE exchange hands on a given day and today's volume is recorded at 1641372. 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 $5.09 area but be careful because the stock may face selling pressure at this level.
