Among the most volatile stocks traded on November 14 were: Cheniere Energy, Inc, Moneygram International Inc, TransAtlantic Petroleum Ltd, QEP Resources, Inc, and Focus Media Holding Ltd. 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 Cheniere Energy, Inc. (LNG) traded higher by 6.72% or $0.71/share to $11.27. In the past year, the shares have traded as low as $3.17 and as high as $12.81. On average, 3598360 shares of LNG exchange hands on a given day and today's volume is recorded at 3417149. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $8.39 area.
Shares of Moneygram International Inc. (MGI) fell by 7.14% or $-0.20/share to $2.66. In the past year, the shares have traded as low as $1.99 and as high as $4.13. On average, 419140 shares of MGI exchange hands on a given day and today's volume is recorded at 221881. 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 $3.01 represents resistance and the 50-day moving average of $2.47 would be an area of support.
Shares of TransAtlantic Petroleum Ltd. (TAT) fell by 2.56% or $-0.04/share to $1.52. In the past year, the shares have traded as low as $0.57 and as high as $3.59. On average, 1052170 shares of TAT exchange hands on a given day and today's volume is recorded at 736140. 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 $1.93 represents resistance and the 50-day moving average of $0.95 would be an area of support.
Shares of QEP Resources, Inc. (QEP) fell by 6.62% or $-2.45/share to $34.57. In the past year, the shares have traded as low as $23.56 and as high as $45.18. On average, 1933090 shares of QEP exchange hands on a given day and today's volume is recorded at 1412591. 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 $37.81 represents resistance and the 50-day moving average of $32.14 would be an area of support.
Shares of Focus Media Holding Ltd. (FMCN) fell by 2.53% or $-0.59/share to $22.77. In the past year, the shares have traded as low as $15.76 and as high as $37.58. On average, 3118230 shares of FMCN exchange hands on a given day and today's volume is recorded at 1544415. 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 $25.97 area but be careful because the stock may face selling pressure at this level.
