Among the most volatile stocks traded on November 16 were: Responsys, Inc, Chemed Corp, TransAtlantic Petroleum Ltd, NovaGold Resources Inc, and SunPower Corporation. 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 Responsys, Inc. (MKTG) traded higher by 6.15% or $0.52/share to $8.98. In the past year, the shares have traded as low as $7.30 and as high as $18.19. On average, 169720 shares of MKTG exchange hands on a given day and today's volume is recorded at 199343. 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 $10.72 area but be careful because the stock may face selling pressure at this level.
Shares of Chemed Corp. (CHE) fell by 15.02% or $-8.64/share to $48.88. In the past year, the shares have traded as low as $50.27 and as high as $71.70. On average, 226950 shares of CHE exchange hands on a given day and today's volume is recorded at 1249913. 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 $55.33 area but be careful because the stock may face selling pressure at this level.
Shares of TransAtlantic Petroleum Ltd. (TAT) traded higher by 5.19% or $0.07/share to $1.42. In the past year, the shares have traded as low as $0.57 and as high as $3.59. On average, 1061650 shares of TAT exchange hands on a given day and today's volume is recorded at 468499. 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 $1.92 represents resistance and the 50-day moving average of $0.96 would be an area of support.
Shares of NovaGold Resources Inc. (NG) traded higher by 15.1% or $1.33/share to $10.14. Greg Lang to be Appointed President and Chief Executive Officer and Rick Van Nieuwenhuyse to Head Newly Formed NovaCopper. NovaGold Resources Inc. ("NovaGold” or the "Company”) (NYSE-AMEX, TSX: NG) is pleased to announce major changes to its leadership and corporate structure. In the past year, the shares have traded as low as $5.93 and as high as $16.90. On average, 3174840 shares of NG exchange hands on a given day and today's volume is recorded at 4456956. 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 $10.63 represents resistance and the 50-day moving average of $8.08 would be an area of support.
Shares of SunPower Corporation (SPWRA) traded higher by 5.12% or $0.37/share to $7.59. In the past year, the shares have traded as low as $6.60 and as high as $23.36. On average, 674060 shares of SPWRA exchange hands on a given day and today's volume is recorded at 486263. 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 $9.43 area but be careful because the stock may face selling pressure at this level.
