Among the most volatile stocks traded on October 17 were: Gannett Co., Inc, Jiayuan.com International Ltd, Solazyme, Inc, Trina Solar Ltd, and Suntech Power Holdings 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 Gannett Co., Inc. (GCI) fell by 8.5% or $-0.93/share to $10.01. In the past year, the shares have traded as low as $8.28 and as high as $18.68. On average, 5888030 shares of GCI exchange hands on a given day and today's volume is recorded at 3356167. 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 $10.17 area but be careful because the stock may face selling pressure at this level.
Shares of Jiayuan.com International Ltd. (DATE) fell by 2.19% or $-0.19/share to $8.5. In the past year, the shares have traded as low as $6.70 and as high as $16.12. On average, 208660 shares of DATE exchange hands on a given day and today's volume is recorded at 18438. 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 $10.87 area but be careful because the stock may face selling pressure at this level.
Shares of Solazyme, Inc. (SZYM) traded higher by 0.41% or $0.04/share to $9.88. In the past year, the shares have traded as low as $7.68 and as high as $27.47. On average, 365220 shares of SZYM exchange hands on a given day and today's volume is recorded at 131280. 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 $12.22 area but be careful because the stock may face selling pressure at this level.
Shares of Trina Solar Ltd. (TSL) fell by 7.08% or $-0.51/share to $6.69. In the past year, the shares have traded as low as $5.28 and as high as $31.16. On average, 3939090 shares of TSL exchange hands on a given day and today's volume is recorded at 1249720. 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 $10.98 area but be careful because the stock may face selling pressure at this level.
Shares of Suntech Power Holdings Co. Ltd. (STP) fell by 5.23% or $-0.13/share to $2.27. In the past year, the shares have traded as low as $1.70 and as high as $10.81. On average, 3980400 shares of STP exchange hands on a given day and today's volume is recorded at 671846. 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 $4.09 area but be careful because the stock may face selling pressure at this level.
