Among the most volatile stocks traded on December 12 were: Dynegy Inc, Netflix, Inc, Lumos Networks Corp, GT Advanced Technologies Inc, and Great Basin Gold 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 Dynegy Inc. (DYN) fell by 5.0% or $-0.15/share to $2.85. In the past year, the shares have traded as low as $2.22 and as high as $6.92. On average, 2226440 shares of DYN exchange hands on a given day and today's volume is recorded at 295595. 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 $3.23 area but be careful because the stock may face selling pressure at this level.
Shares of Netflix, Inc. (NFLX) traded higher by 6.12% or $4.34/share to $75.23. In the past year, the shares have traded as low as $62.37 and as high as $304.82. On average, 10231060 shares of NFLX exchange hands on a given day and today's volume is recorded at 4620192. 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 $90.34 area but be careful because the stock may face selling pressure at this level.
Shares of Lumos Networks Corp (LMOS) traded higher by 5.24% or $0.76/share to $15.25. In the past year, the shares have traded as low as $11.10 and as high as $17.99. On average, 101930 shares of LMOS exchange hands on a given day and today's volume is recorded at 29713. 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 $14.70 area.
Shares of GT Advanced Technologies Inc. (GTAT) fell by 6.99% or $-0.57/share to $7.59. In the past year, the shares have traded as low as $6.40 and as high as $17.50. On average, 3232700 shares of GTAT exchange hands on a given day and today's volume is recorded at 1129589. 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 $7.86 area but be careful because the stock may face selling pressure at this level.
Shares of Great Basin Gold Ltd. (GBG) fell by 6.31% or $-0.07/share to $1.04. In the past year, the shares have traded as low as $0.86 and as high as $3.04. On average, 3057280 shares of GBG exchange hands on a given day and today's volume is recorded at 969295. 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 $1.36 area but be careful because the stock may face selling pressure at this level.
