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Thursday, October 13, 2011

Roller Coaster Volatility: (ZEP), (MKTG), (CRIC), (EK), (LIZ)

Among the most volatile stocks traded on October 13 were: Zep, Inc, Responsys Inc, China Real Estate Information Corporation, Eastman Kodak Co, and Liz Claiborne 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 Zep, Inc. (ZEP) fell by 17.41% or $-3.06/share to $14.52. In the past year, the shares have traded as low as $13.33 and as high as $20.91. On average, 70730 shares of ZEP exchange hands on a given day and today's volume is recorded at 231985. 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 $16.18 area but be careful because the stock may face selling pressure at this level.

Shares of Responsys Inc. (MKTG) fell by 5.54% or $-0.62/share to $10.49. In the past year, the shares have traded as low as $9.10 and as high as $18.18. On average, 84030 shares of MKTG exchange hands on a given day and today's volume is recorded at 16965. 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 $12.79 area but be careful because the stock may face selling pressure at this level.

Shares of China Real Estate Information Corporation (CRIC) traded higher by 7.22% or $0.33/share to $4.9. In the past year, the shares have traded as low as $3.68 and as high as $10.67. On average, 86960 shares of CRIC exchange hands on a given day and today's volume is recorded at 40962. 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 $5.20 area but be careful because the stock may face selling pressure at this level.

Shares of Eastman Kodak Co. (EK) fell by 3.23% or $-0.04/share to $1.2. In the past year, the shares have traded as low as $0.54 and as high as $5.95. On average, 16339720 shares of EK exchange hands on a given day and today's volume is recorded at 5702418. 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 $2.34 area but be careful because the stock may face selling pressure at this level.

Shares of Liz Claiborne Inc. (LIZ) fell by 1.83% or $-0.13/share to $6.72. In the past year, the shares have traded as low as $4.02 and as high as $7.91. On average, 3811640 shares of LIZ exchange hands on a given day and today's volume is recorded at 6771594. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $5.55 area.