Among the most volatile stocks traded on March 26 were: Guidewire Software, Inc, Clovis Oncology, Inc, Threshold Pharmaceuticals Inc, Yingli Green Energy Holding Co. Ltd, and Lexicon Pharmaceuticals, 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 Guidewire Software, Inc. (GWRE) traded higher by 8.84% or $2.91/share to $35.8. In the past year, the shares have traded as low as $16.45 and as high as $34.03. On average, 370230 shares of GWRE exchange hands on a given day and today's volume is recorded at 67227. 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 $23.59 area.
Shares of Clovis Oncology, Inc. (CLVS) fell by 5.06% or $-1.34/share to $25.16. In the past year, the shares have traded as low as $11.45 and as high as $27.55. On average, 60490 shares of CLVS exchange hands on a given day and today's volume is recorded at 25970. 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 $22.04 area where the stock will likely see buying pressure.
Shares of Threshold Pharmaceuticals Inc. (THLD) traded higher by 5.99% or $0.44/share to $7.78. In the past year, the shares have traded as low as $1.18 and as high as $7.61. On average, 3006040 shares of THLD exchange hands on a given day and today's volume is recorded at 1530294. 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 $4.06 area where the stock will likely see buying pressure.
Shares of Yingli Green Energy Holding Co. Ltd. (YGE) fell by 0.26% or $-0.01/share to $3.9. In the past year, the shares have traded as low as $2.75 and as high as $13.14. On average, 5157730 shares of YGE exchange hands on a given day and today's volume is recorded at 1577802. 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 $4.28 area but be careful because the stock may face selling pressure at this level.
Shares of Lexicon Pharmaceuticals, Inc. (LXRX) traded higher by 3.21% or $0.06/share to $1.93. In the past year, the shares have traded as low as $0.81 and as high as $2.01. On average, 899820 shares of LXRX exchange hands on a given day and today's volume is recorded at 187916. 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 $1.66 area where the stock will likely see buying pressure.
