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Wednesday, November 16, 2011

Up or Down, Volatile: (VHS), (TSRA), (GSIG), (ANF), (QUAD)

Among the most volatile stocks traded on November 16 were: Vanguard Health Systems Inc, Tessera Technologies Inc, GSI Group Inc, Abercrombie & Fitch Co, and Quad/Graphics, Inc. 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 Vanguard Health Systems Inc. (VHS) traded higher by 8.72% or $0.79/share to $9.85. In the past year, the shares have traded as low as $8.61 and as high as $18.58. On average, 355410 shares of VHS exchange hands on a given day and today's volume is recorded at 66023. 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 $10.22 area but be careful because the stock may face selling pressure at this level.

Shares of Tessera Technologies Inc. (TSRA) traded higher by 21.84% or $3.16/share to $17.63. In the past year, the shares have traded as low as $11.13 and as high as $23.18. On average, 518740 shares of TSRA exchange hands on a given day and today's volume is recorded at 1717741. 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 $15.92 area.

Shares of GSI Group Inc. (GSIG) traded higher by 8.78% or $0.82/share to $10.16. In the past year, the shares have traded as low as $7.03 and as high as $14.00. On average, 126220 shares of GSIG exchange hands on a given day and today's volume is recorded at 91253. 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 $10.72 represents resistance and the 50-day moving average of $8.85 would be an area of support.

Shares of Abercrombie & Fitch Co. (ANF) fell by 14.22% or $-7.92/share to $47.78. In the past year, the shares have traded as low as $43.77 and as high as $78.02. On average, 2951100 shares of ANF exchange hands on a given day and today's volume is recorded at 11781687. The shares are currently trading below the 200-day moving average which indicates that the shares have been suffering from downward momentum lately. The stock may bounce higher to test the 200-day moving average, so look for a move up to the $65.36 area where the stock may encounter resistance.

Shares of Quad/Graphics, Inc. (QUAD) traded higher by 8.67% or $1.11/share to $13.92. In the past year, the shares have traded as low as $12.14 and as high as $44.69. On average, 189880 shares of QUAD exchange hands on a given day and today's volume is recorded at 125298. 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 $18.27 area but be careful because the stock may face selling pressure at this level.