Among the most volatile stocks traded on October 27 were: Quality Systems Inc, Parametric Technology Corporation, EQT Corporation, Monster Worldwide, Inc, and Chart Industries 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 Quality Systems Inc. (QSII) fell by 10.43% or $-4.52/share to $38.83. In the past year, the shares have traded as low as $37.50 and as high as $50.70. On average, 560020 shares of QSII exchange hands on a given day and today's volume is recorded at 835320. The shares are currently trading below the 200-day moving average which indicates that the shares have been suffering from downward momentum lately. The stock may bounce higher to test the 200-day moving average, so look for a move up to the $44.72 area where the stock may encounter resistance.
Shares of Parametric Technology Corporation (PMTC) traded higher by 13.34% or $2.41/share to $20.48. In the past year, the shares have traded as low as $14.25 and as high as $25.30. On average, 1451350 shares of PMTC exchange hands on a given day and today's volume is recorded at 1583026. 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 $21.05 represents resistance and the 50-day moving average of $16.83 would be an area of support.
Shares of EQT Corporation (EQT) fell by 2.08% or $-1.40/share to $65.75. In the past year, the shares have traded as low as $35.61 and as high as $68.56. On average, 2027390 shares of EQT exchange hands on a given day and today's volume is recorded at 2083405. 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 $58.87 area where the stock will likely see buying pressure.
Shares of Monster Worldwide, Inc. (MWW) fell by 7.41% or $-0.66/share to $8.25. In the past year, the shares have traded as low as $6.34 and as high as $25.90. On average, 4397770 shares of MWW exchange hands on a given day and today's volume is recorded at 3091156. 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 $13.61 represents resistance and the 50-day moving average of $8.16 would be an area of support.
Shares of Chart Industries Inc. (GTLS) fell by 4.53% or $-2.55/share to $53.76. In the past year, the shares have traded as low as $20.28 and as high as $62.15. On average, 684840 shares of GTLS exchange hands on a given day and today's volume is recorded at 1117494. 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 $47.68 area where the stock will likely see buying pressure.
