Navigate this market better. Subscribe for FREE stock alerts and information.

Wednesday, April 25, 2012

New 52 Week Lows: (AH), (FSLR), (CHRW), (PAM), (IVN)

Stocks falling to new 52 week lows on April 25 are Accretive Health, Inc, First Solar, Inc, CH Robinson Worldwide Inc, Pampa Energia SA, and Ivanhoe Mines Ltd. 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 Accretive Health, Inc. (AH) fell by 22.34% or $-4.13/share to $14.36. In the past year, the shares have traded as low as $18.36 and as high as $32.82. On average, 476580 shares of AH exchange hands on a given day and today's volume is recorded at 3769011. 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 $22.51 area but be careful because the stock may face selling pressure at this level.

Shares of First Solar, Inc. (FSLR) fell by 2.76% or $-0.51/share to $18.13. In the past year, the shares have traded as low as $18.58 and as high as $145.16. On average, 6347110 shares of FSLR exchange hands on a given day and today's volume is recorded at 3133480. 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 $28.02 area but be careful because the stock may face selling pressure at this level.

Shares of CH Robinson Worldwide Inc. (CHRW) fell by 8.0% or $-5.27/share to $60.56. In the past year, the shares have traded as low as $61.44 and as high as $81.46. On average, 1282830 shares of CHRW exchange hands on a given day and today's volume is recorded at 3686312. 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 $65.46 area but be careful because the stock may face selling pressure at this level.

Shares of Pampa Energia SA (PAM) fell by 1.28% or $-0.09/share to $6.95. In the past year, the shares have traded as low as $6.97 and as high as $16.02. On average, 85260 shares of PAM exchange hands on a given day and today's volume is recorded at 23718. 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 $9.23 area but be careful because the stock may face selling pressure at this level.

Shares of Ivanhoe Mines Ltd. (IVN) fell by 2.12% or $-0.25/share to $11.53. In the past year, the shares have traded as low as $11.68 and as high as $27.50. On average, 3366070 shares of IVN exchange hands on a given day and today's volume is recorded at 1567403. 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 $15.95 area but be careful because the stock may face selling pressure at this level.