Among the most volatile stocks traded on November 17 were: Digital Generation, Inc, MannKind Corp, Leap Wireless International Inc, VanceInfo Technologies Inc, and Ternium S.A. 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 Digital Generation, Inc. (DGIT) fell by 11.01% or $-1.75/share to $14.15. In the past year, the shares have traded as low as $15.38 and as high as $38.00. On average, 384040 shares of DGIT exchange hands on a given day and today's volume is recorded at 405169. 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 $18.62 area but be careful because the stock may face selling pressure at this level.
Shares of MannKind Corp. (MNKD) traded higher by 5.54% or $0.17/share to $3.24. In the past year, the shares have traded as low as $2.20 and as high as $10.05. On average, 809620 shares of MNKD exchange hands on a given day and today's volume is recorded at 394292. 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 $3.27 area but be careful because the stock may face selling pressure at this level.
Shares of Leap Wireless International Inc. (LEAP) fell by 6.7% or $-0.62/share to $8.63. In the past year, the shares have traded as low as $5.50 and as high as $17.66. On average, 2127500 shares of LEAP exchange hands on a given day and today's volume is recorded at 755931. 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 $12.24 represents resistance and the 50-day moving average of $7.35 would be an area of support.
Shares of VanceInfo Technologies Inc. (VIT) traded higher by 3.21% or $0.36/share to $11.58. In the past year, the shares have traded as low as $6.19 and as high as $41.06. On average, 958580 shares of VIT exchange hands on a given day and today's volume is recorded at 364382. 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 $21.47 represents resistance and the 50-day moving average of $9.89 would be an area of support.
Shares of Ternium S.A. (TX) fell by 9.05% or $-2.28/share to $22.92. In the past year, the shares have traded as low as $19.20 and as high as $42.77. On average, 600040 shares of TX exchange hands on a given day and today's volume is recorded at 397714. 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 $22.96 area but be careful because the stock may face selling pressure at this level.
