Navigate this market better. Subscribe for FREE stock alerts and information.

Monday, November 14, 2011

Highly Volatile: (AZK), (IRWD), (MEDH), (CTRP), (VNET)

Among the most volatile stocks traded on November 14 were: Aurizon Mines Ltd, Ironwood Pharmaceuticals Inc, MedQuist Holdings Inc, Ctrip.com International Ltd, and 21Vianet Group, 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 Aurizon Mines Ltd. (AZK) fell by 0.64% or $-0.04/share to $6.19. In the past year, the shares have traded as low as $4.57 and as high as $7.94. On average, 734670 shares of AZK exchange hands on a given day and today's volume is recorded at 155547. 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 $6.24 represents resistance and the 50-day moving average of $5.92 would be an area of support.

Shares of Ironwood Pharmaceuticals Inc. (IRWD) remained unchanged at $12.11. In the past year, the shares have traded as low as $9.97 and as high as $16.50. On average, 277730 shares of IRWD exchange hands on a given day and today's volume is recorded at 21226. 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 $12.11 area but be careful because the stock may face selling pressure at this level.

Shares of MedQuist Holdings Inc. (MEDH) traded higher by 1.33% or $0.12/share to $9.16. In the past year, the shares have traded as low as $6.21 and as high as $14.20. On average, 260269 shares of MEDH exchange hands on a given day and today's volume is recorded at 150958. 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 $10.14 represents resistance and the 50-day moving average of $8.18 would be an area of support.

Shares of Ctrip.com International Ltd. (CTRP) fell by 15.87% or $-5.44/share to $28.83. In the past year, the shares have traded as low as $29.59 and as high as $50.57. On average, 2059469 shares of CTRP exchange hands on a given day and today's volume is recorded at 6661719. 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 $35.26 area but be careful because the stock may face selling pressure at this level.

Shares of 21Vianet Group, Inc. (VNET) traded higher by 5.81% or $0.50/share to $9.1. In the past year, the shares have traded as low as $8.31 and as high as $22.33. On average, 214780 shares of VNET exchange hands on a given day and today's volume is recorded at 296279. 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 $10.14 area but be careful because the stock may face selling pressure at this level.