Stocks falling to new 52 week lows on November 25 are Artio Global Investors Inc, OmniVision Technologies Inc, Noah Holdings Limited, Cellcom Israel Ltd, and OM Group 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 Artio Global Investors Inc. (ART) fell by 3.65% or $-0.20/share to $5.28. In the past year, the shares have traded as low as $5.47 and as high as $16.92. On average, 290760 shares of ART exchange hands on a given day and today's volume is recorded at 31135. 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 $7.17 area but be careful because the stock may face selling pressure at this level.
Shares of OmniVision Technologies Inc. (OVTI) fell by 3.35% or $-0.37/share to $10.55. In the past year, the shares have traded as low as $10.83 and as high as $37.06. On average, 4595250 shares of OVTI exchange hands on a given day and today's volume is recorded at 666565. 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 $15.34 area but be careful because the stock may face selling pressure at this level.
Shares of Noah Holdings Limited (NOAH) fell by 1.9% or $-0.13/share to $6.73. In the past year, the shares have traded as low as $6.72 and as high as $20.58. On average, 96450 shares of NOAH exchange hands on a given day and today's volume is recorded at 41380. 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 $8.62 area but be careful because the stock may face selling pressure at this level.
Shares of Cellcom Israel Ltd. (CEL) fell by 1.48% or $-0.25/share to $16.68. In the past year, the shares have traded as low as $16.81 and as high as $31.14. On average, 282140 shares of CEL exchange hands on a given day and today's volume is recorded at 124284. 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 $20.56 area but be careful because the stock may face selling pressure at this level.
Shares of OM Group Inc. (OMG) fell by 2.76% or $-0.58/share to $20.4. In the past year, the shares have traded as low as $20.95 and as high as $41.88. On average, 322300 shares of OMG exchange hands on a given day and today's volume is recorded at 53227. 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 $26.73 area but be careful because the stock may face selling pressure at this level.
