Among the most volatile stocks traded on October 19 were: ITT Educational Services Inc, Agenus Inc, Marten Transport Ltd, Chemtura Corporation, and AMR Corporation. 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 ITT Educational Services Inc. (ESI) traded higher by 0.38% or $0.24/share to $63.73. In the past year, the shares have traded as low as $54.01 and as high as $95.52. On average, 770770 shares of ESI exchange hands on a given day and today's volume is recorded at 597719. 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 $67.25 area but be careful because the stock may face selling pressure at this level.
Shares of Agenus Inc. (AGEN) fell by 6.06% or $-0.20/share to $3.1. In the past year, the shares have traded as low as $2.20 and as high as $6.96. On average, 75990 shares of AGEN exchange hands on a given day and today's volume is recorded at 182409. 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 $3.17 area but be careful because the stock may face selling pressure at this level.
Shares of Marten Transport Ltd. (MRTN) fell by 9.72% or $-1.87/share to $17.37. In the past year, the shares have traded as low as $15.90 and as high as $23.95. On average, 88450 shares of MRTN exchange hands on a given day and today's volume is recorded at 79617. 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 $18.08 area but be careful because the stock may face selling pressure at this level.
Shares of Chemtura Corporation (CHMT) fell by 6.01% or $-0.70/share to $10.94. In the past year, the shares have traded as low as $8.49 and as high as $19.37. On average, 1138960 shares of CHMT exchange hands on a given day and today's volume is recorded at 1708522. 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 $11.86 area but be careful because the stock may face selling pressure at this level.
Shares of AMR Corporation (AMR) fell by 3.55% or $-0.10/share to $2.72. In the past year, the shares have traded as low as $1.75 and as high as $8.98. On average, 14180020 shares of AMR exchange hands on a given day and today's volume is recorded at 5903423. 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 $3.25 area but be careful because the stock may face selling pressure at this level.
