Among the most volatile stocks traded on April 25 were: Questcor Pharmaceuticals, Inc, Silicon Laboratories Inc, ChipMOS TECHNOLOGIES (Bermuda) LTD, Hess Corporation, and Juniper Networks, 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 Questcor Pharmaceuticals, Inc. (QCOR) traded higher by 0.67% or $0.28/share to $41.94. In the past year, the shares have traded as low as $18.65 and as high as $45.95. On average, 1971890 shares of QCOR exchange hands on a given day and today's volume is recorded at 2552506. 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 $38.35 area where the stock will likely see buying pressure.
Shares of Silicon Laboratories Inc. (SLAB) fell by 5.87% or $-2.37/share to $37.99. In the past year, the shares have traded as low as $30.36 and as high as $48.50. On average, 297460 shares of SLAB exchange hands on a given day and today's volume is recorded at 636083. 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 $40.09 area where the stock may encounter resistance.
Shares of ChipMOS TECHNOLOGIES (Bermuda) LTD. (IMOS) traded higher by 10.05% or $1.21/share to $13.25. In the past year, the shares have traded as low as $4.39 and as high as $19.37. On average, 344070 shares of IMOS exchange hands on a given day and today's volume is recorded at 189980. 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 $14.01 represents resistance and the 200-day moving average of $8.06 would be an area of support.
Shares of Hess Corporation (HES) fell by 6.7% or $-3.69/share to $51.35. In the past year, the shares have traded as low as $46.50 and as high as $85.90. On average, 4418930 shares of HES exchange hands on a given day and today's volume is recorded at 7555293. 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 $59.79 area where the stock may encounter resistance.
Shares of Juniper Networks, Inc. (JNPR) fell by 5.64% or $-1.22/share to $20.41. In the past year, the shares have traded as low as $16.67 and as high as $40.40. On average, 10281990 shares of JNPR exchange hands on a given day and today's volume is recorded at 14055489. 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.
