Among the most volatile stocks traded on October 7 were: Harvest Natural Resources Inc, Illumina Inc, Noah Holdings Limited, Isoftstone Holdings Limited, and Approach Resources, 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 Harvest Natural Resources Inc. (HNR) fell by 3.72% or $-0.34/share to $8.8. In the past year, the shares have traded as low as $7.61 and as high as $17.46. On average, 740260 shares of HNR exchange hands on a given day and today's volume is recorded at 114475. 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 $10.74 area but be careful because the stock may face selling pressure at this level.
Shares of Illumina Inc. (ILMN) fell by 30.25% or $-12.08/share to $27.85. In the past year, the shares have traded as low as $37.12 and as high as $79.39. On average, 2516710 shares of ILMN exchange hands on a given day and today's volume is recorded at 16282107. 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 $48.96 area but be careful because the stock may face selling pressure at this level.
Shares of Noah Holdings Limited (NOAH) fell by 0.5% or $-0.04/share to $7.95. In the past year, the shares have traded as low as $7.86 and as high as $20.68. On average, 138350 shares of NOAH exchange hands on a given day and today's volume is recorded at 75093. 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 $11.43 area but be careful because the stock may face selling pressure at this level.
Shares of Isoftstone Holdings Limited (ISS) fell by 5.16% or $-0.36/share to $6.62. In the past year, the shares have traded as low as $5.66 and as high as $22.63. On average, 333980 shares of ISS exchange hands on a given day and today's volume is recorded at 135434. 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 $9.56 area but be careful because the stock may face selling pressure at this level.
Shares of Approach Resources, Inc. (AREX) fell by 1.69% or $-0.31/share to $18.04. In the past year, the shares have traded as low as $12.18 and as high as $34.93. On average, 627840 shares of AREX exchange hands on a given day and today's volume is recorded at 152950. 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 $19.38 area but be careful because the stock may face selling pressure at this level.
