Stocks falling to new 52 week lows on November 15 are Alto Palermo S.A, A123 Systems, Inc, Veolia Environnement S.A, Ctrip.com International Ltd, and Quad/Graphics, Inc. Investors are selling the stock and pushing it lower because they may think that these stocks were overvalued. This could be caused by earnings not meeting expectations, investor speculation, or a fall in market growth.
Shares of Alto Palermo S.A. (APSA) fell by 6.18% or $-0.82/share to $12.45. In the past year, the shares have traded as low as $12.28 and as high as $27.45. On average, 2760 shares of APSA exchange hands on a given day and today's volume is recorded at 18668. 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 $15.16 area but be careful because the stock may face selling pressure at this level.
Shares of A123 Systems, Inc. (AONE) fell by 7.04% or $-0.19/share to $2.51. In the past year, the shares have traded as low as $2.68 and as high as $10.99. On average, 2275820 shares of AONE exchange hands on a given day and today's volume is recorded at 1631848. 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 $3.75 area but be careful because the stock may face selling pressure at this level.
Shares of Veolia Environnement S.A. (VE) fell by 3.86% or $-0.47/share to $11.71. In the past year, the shares have traded as low as $12.02 and as high as $32.00. On average, 879920 shares of VE exchange hands on a given day and today's volume is recorded at 520731. 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 $14.47 area but be careful because the stock may face selling pressure at this level.
Shares of Ctrip.com International Ltd. (CTRP) fell by 5.99% or $-1.80/share to $28.27. In the past year, the shares have traded as low as $28.30 and as high as $50.57. On average, 2310980 shares of CTRP exchange hands on a given day and today's volume is recorded at 5715224. 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 $35.07 area but be careful because the stock may face selling pressure at this level.
Shares of Quad/Graphics, Inc. (QUAD) fell by 3.32% or $-0.42/share to $12.23. In the past year, the shares have traded as low as $12.47 and as high as $44.68. On average, 184330 shares of QUAD exchange hands on a given day and today's volume is recorded at 149064. 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 $18.38 area but be careful because the stock may face selling pressure at this level.
