Stocks falling to new 52 week lows on November 15 are GeoEye, Inc, DexCom, Inc, Digital Generation, Inc, OmniVision Technologies Inc, and Texas Industries 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 GeoEye, Inc. (GEOY) traded higher by 1.22% or $0.29/share to $23.94. In the past year, the shares have traded as low as $23.53 and as high as $44.68. On average, 232600 shares of GEOY exchange hands on a given day and today's volume is recorded at 118932. 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 $31.12 area but be careful because the stock may face selling pressure at this level.
Shares of DexCom, Inc. (DXCM) fell by 0.46% or $-0.03/share to $6.97. In the past year, the shares have traded as low as $6.98 and as high as $16.92. On average, 658310 shares of DXCM exchange hands on a given day and today's volume is recorded at 185520. 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 $10.79 area but be careful because the stock may face selling pressure at this level.
Shares of Digital Generation, Inc. (DGIT) fell by 0.27% or $-0.04/share to $15.66. In the past year, the shares have traded as low as $15.48 and as high as $38.01. On average, 384560 shares of DGIT exchange hands on a given day and today's volume is recorded at 141309. 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 $18.83 area but be careful because the stock may face selling pressure at this level.
Shares of OmniVision Technologies Inc. (OVTI) fell by 2.81% or $-0.37/share to $12.77. In the past year, the shares have traded as low as $12.60 and as high as $37.04. On average, 4610360 shares of OVTI exchange hands on a given day and today's volume is recorded at 1488864. 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 $16.11 area but be careful because the stock may face selling pressure at this level.
Shares of Texas Industries Inc. (TXI) traded higher by 1.25% or $0.34/share to $27.6. In the past year, the shares have traded as low as $27.05 and as high as $47.16. On average, 317890 shares of TXI exchange hands on a given day and today's volume is recorded at 102510. 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 $32.41 area but be careful because the stock may face selling pressure at this level.
