Among the most volatile stocks traded on December 15 were: First Solar, Inc, VeriFone Systems, Inc, VanceInfo Technologies Inc, Diamond Foods, Inc, and First Bancorp. 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 First Solar, Inc. (FSLR) fell by 5.35% or $-1.79/share to $31.66. In the past year, the shares have traded as low as $33.08 and as high as $175.40. On average, 4231270 shares of FSLR exchange hands on a given day and today's volume is recorded at 7020055. 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 $48.81 area but be careful because the stock may face selling pressure at this level.
Shares of VeriFone Systems, Inc (PAY) fell by 6.29% or $-2.55/share to $38.0. In the past year, the shares have traded as low as $30.25 and as high as $58.88. On average, 1873470 shares of PAY exchange hands on a given day and today's volume is recorded at 3104175. 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 $41.17 area but be careful because the stock may face selling pressure at this level.
Shares of VanceInfo Technologies Inc. (VIT) fell by 1.42% or $-0.13/share to $9.02. In the past year, the shares have traded as low as $6.19 and as high as $37.99. On average, 891020 shares of VIT exchange hands on a given day and today's volume is recorded at 170682. 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 $10.32 area but be careful because the stock may face selling pressure at this level.
Shares of Diamond Foods, Inc. (DMND) fell by 7.42% or $-2.19/share to $27.32. In the past year, the shares have traded as low as $26.37 and as high as $96.06. On average, 2028700 shares of DMND exchange hands on a given day and today's volume is recorded at 2405897. 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 $48.78 area but be careful because the stock may face selling pressure at this level.
Shares of First Bancorp (FBP) fell by 7.37% or $-0.28/share to $3.56. In the past year, the shares have traded as low as $2.50 and as high as $7.96. On average, 94240 shares of FBP exchange hands on a given day and today's volume is recorded at 59428. 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 $3.97 represents resistance and the 50-day moving average of $3.43 would be an area of support.
