Stocks falling to new 52 week lows on April 27 are Allscripts Healthcare Solutions, Inc, Maxwell Technologies Inc, Deckers Outdoor Corp, Brightpoint Inc, and Accretive Health, Inc. Investors are selling the stock and pushing it lower because they may think that these stocks were overvalued. This could be caused by earnings not meeting expectations, investor speculation, or a fall in market growth.
Shares of Allscripts Healthcare Solutions, Inc. (MDRX) fell by 43.2% or $-6.92/share to $9.1. In the past year, the shares have traded as low as $13.85 and as high as $21.92. On average, 3002220 shares of MDRX exchange hands on a given day and today's volume is recorded at 47124944. 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 $17.75 area but be careful because the stock may face selling pressure at this level.
Shares of Maxwell Technologies Inc. (MXWL) fell by 41.14% or $-6.50/share to $9.3. In the past year, the shares have traded as low as $13.78 and as high as $21.49. On average, 215970 shares of MXWL exchange hands on a given day and today's volume is recorded at 2670743. The shares are currently trading below the 200-day moving average which indicates that the shares have been suffering from downward momentum lately. The stock may bounce higher to test the 200-day moving average, so look for a move up to the $17.70 area where the stock may encounter resistance.
Shares of Deckers Outdoor Corp. (DECK) fell by 24.95% or $-17.33/share to $52.13. In the past year, the shares have traded as low as $61.08 and as high as $118.91. On average, 2122740 shares of DECK exchange hands on a given day and today's volume is recorded at 8488023. 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 $70.36 area but be careful because the stock may face selling pressure at this level.
Shares of Brightpoint Inc. (CELL) fell by 11.43% or $-0.80/share to $6.2. In the past year, the shares have traded as low as $6.90 and as high as $12.05. On average, 648590 shares of CELL exchange hands on a given day and today's volume is recorded at 1179011. 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 $8.23 area but be careful because the stock may face selling pressure at this level.
Shares of Accretive Health, Inc. (AH) fell by 8.1% or $-0.85/share to $9.65. In the past year, the shares have traded as low as $10.50 and as high as $32.82. On average, 620780 shares of AH exchange hands on a given day and today's volume is recorded at 2726547. 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 $21.95 area but be careful because the stock may face selling pressure at this level.
