Among the most volatile stocks traded on March 26 were: Trina Solar Limited, Brightcove Inc, Glu Mobile, Inc, KB Home, and ExactTarget, Inc. Common Stock. 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 Trina Solar Limited (TSL) fell by 2.47% or $-0.20/share to $7.89. In the past year, the shares have traded as low as $5.28 and as high as $30.45. On average, 4754200 shares of TSL exchange hands on a given day and today's volume is recorded at 1365400. 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 $8.40 area but be careful because the stock may face selling pressure at this level.
Shares of Brightcove Inc. (BCOV) traded higher by 4.06% or $0.85/share to $21.8. In the past year, the shares have traded as low as $14.00 and as high as $22.26. On average, 328180 shares of BCOV exchange hands on a given day and today's volume is recorded at 56729. 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 $16.84 area.
Shares of Glu Mobile, Inc. (GLUU) fell by 4.35% or $-0.21/share to $4.64. In the past year, the shares have traded as low as $1.80 and as high as $6.10. On average, 1812920 shares of GLUU exchange hands on a given day and today's volume is recorded at 3007317. 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 $3.77 area where the stock will likely see buying pressure.
Shares of KB Home (KBH) fell by 3.79% or $-0.39/share to $9.9. In the past year, the shares have traded as low as $4.94 and as high as $13.22. On average, 6890190 shares of KBH exchange hands on a given day and today's volume is recorded at 4194216. The shares are currently trading below the 50-day moving average but above the 200-day moving average. The stock may be range bound between these two levels where the 50-day moving average of $10.92 represents resistance and the 200-day moving average of $8.35 would be an area of support.
Shares of ExactTarget, Inc. Common Stock (ET) traded higher by 4.1% or $1.08/share to $27.4. In the past year, the shares have traded as low as $22.50 and as high as $29.88. On average, 5676700 shares of ET exchange hands on a given day and today's volume is recorded at 275892. 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 $25.72 area.
