Among the most volatile stocks traded on December 8 were: MEMC Electronic Materials Inc, Conns Inc, Blyth, Inc, Invacare Corporation, and E-Commerce China Dangdang 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 MEMC Electronic Materials Inc. (WFR) traded higher by 2.14% or $0.09/share to $4.3. In the past year, the shares have traded as low as $3.92 and as high as $15.04. On average, 7422790 shares of WFR exchange hands on a given day and today's volume is recorded at 6929915. 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 $5.13 area but be careful because the stock may face selling pressure at this level.
Shares of Conns Inc. (CONN) fell by 5.07% or $-0.62/share to $11.6. In the past year, the shares have traded as low as $3.52 and as high as $12.38. On average, 248130 shares of CONN exchange hands on a given day and today's volume is recorded at 526950. The shares are currently trading above the 50-day moving average which indicates that the shares have been experiencing strong upward momentum as the 50 DMA is above the 200 DMA. The stock may come back down to test the 50-day moving average, so look for a move back to the $9.34 area where the stock will likely see buying pressure.
Shares of Blyth, Inc. (BTH) fell by 13.29% or $-9.27/share to $60.5. In the past year, the shares have traded as low as $30.16 and as high as $71.16. On average, 85310 shares of BTH exchange hands on a given day and today's volume is recorded at 175791. The shares are currently trading above the 50-day moving average which indicates that the shares have been experiencing strong upward momentum as the 50 DMA is above the 200 DMA. The stock may come back down to test the 50-day moving average, so look for a move back to the $59.44 area where the stock will likely see buying pressure.
Shares of Invacare Corporation (IVC) fell by 17.4% or $-3.58/share to $17.0. In the past year, the shares have traded as low as $18.71 and as high as $34.50. On average, 217080 shares of IVC exchange hands on a given day and today's volume is recorded at 515034. 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 $21.96 area but be careful because the stock may face selling pressure at this level.
Shares of E-Commerce China Dangdang Inc. (DANG) traded higher by 10.54% or $0.49/share to $5.14. In the past year, the shares have traded as low as $4.36 and as high as $36.40. On average, 1984300 shares of DANG exchange hands on a given day and today's volume is recorded at 1421726. 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 $5.46 area but be careful because the stock may face selling pressure at this level.
