Among the most volatile stocks traded on December 9 were: Harbinger Group Inc, Diamond Foods, Inc, Symetra Financial Corporation, Saul Centers Inc, and Aegion 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 Harbinger Group Inc. (HRG) fell by 2.22% or $-0.10/share to $4.41. In the past year, the shares have traded as low as $4.01 and as high as $6.60. On average, 34310 shares of HRG exchange hands on a given day and today's volume is recorded at 16835. 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 $4.87 area but be careful because the stock may face selling pressure at this level.
Shares of Diamond Foods, Inc. (DMND) traded higher by 28.06% or $7.45/share to $34.0. In the past year, the shares have traded as low as $26.37 and as high as $96.07. On average, 1483110 shares of DMND exchange hands on a given day and today's volume is recorded at 3916814. 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 $52.29 area but be careful because the stock may face selling pressure at this level.
Shares of Symetra Financial Corporation (SYA) traded higher by 3.07% or $0.28/share to $9.41. In the past year, the shares have traded as low as $7.50 and as high as $14.23. On average, 534070 shares of SYA exchange hands on a given day and today's volume is recorded at 124136. 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 $11.45 represents resistance and the 50-day moving average of $8.97 would be an area of support.
Shares of Saul Centers Inc. (BFS) traded higher by 1.19% or $0.40/share to $34.06. In the past year, the shares have traded as low as $31.79 and as high as $36.94. On average, 48730 shares of BFS exchange hands on a given day and today's volume is recorded at 12879. 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 $34.50 area but be careful because the stock may face selling pressure at this level.
Shares of Aegion Corporation (AEGN) traded higher by 2.23% or $0.34/share to $15.6. In the past year, the shares have traded as low as $10.45 and as high as $30.00. On average, 426990 shares of AEGN exchange hands on a given day and today's volume is recorded at 25720. 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 $19.76 represents resistance and the 50-day moving average of $14.47 would be an area of support.
