Among the most volatile stocks traded on October 26 were: Valassis Communications Inc, Vocus Inc, Charming Shoppes Inc, EXCO Resources Inc, and Green Mountain Coffee Roasters 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 Valassis Communications Inc. (VCI) fell by 21.82% or $-4.27/share to $15.3. In the past year, the shares have traded as low as $16.83 and as high as $36.76. On average, 1590200 shares of VCI exchange hands on a given day and today's volume is recorded at 2792648. 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 $21.31 area but be careful because the stock may face selling pressure at this level.
Shares of Vocus Inc. (VOCS) fell by 0.11% or $-0.02/share to $18.25. In the past year, the shares have traded as low as $15.61 and as high as $33.70. On average, 189780 shares of VOCS exchange hands on a given day and today's volume is recorded at 31493. 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 $18.70 area but be careful because the stock may face selling pressure at this level.
Shares of Charming Shoppes Inc. (CHRS) fell by 6.88% or $-0.24/share to $3.25. In the past year, the shares have traded as low as $2.29 and as high as $4.93. On average, 2281110 shares of CHRS exchange hands on a given day and today's volume is recorded at 497650. 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 $3.59 represents resistance and the 50-day moving average of $2.89 would be an area of support.
Shares of EXCO Resources Inc. (XCO) traded higher by 9.32% or $1.07/share to $12.55. In the past year, the shares have traded as low as $9.33 and as high as $20.93. On average, 3275570 shares of XCO exchange hands on a given day and today's volume is recorded at 3718268. 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 $17.25 represents resistance and the 50-day moving average of $11.93 would be an area of support.
Shares of Green Mountain Coffee Roasters Inc. (GMCR) fell by 8.32% or $-5.39/share to $59.36. In the past year, the shares have traded as low as $29.55 and as high as $115.98. On average, 4694140 shares of GMCR exchange hands on a given day and today's volume is recorded at 5891686. 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 $75.02 area where the stock may encounter resistance.
