Stocks falling to new 52 week lows on April 24 are RadioShack Corp, DeVry, Inc, First Solar, Inc, Nokia Corporation, and Apollo Group 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 RadioShack Corp. (RSH) fell by 7.45% or $-0.45/share to $5.53. In the past year, the shares have traded as low as $5.84 and as high as $15.71. On average, 5210360 shares of RSH exchange hands on a given day and today's volume is recorded at 7557674. 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 $6.64 area but be careful because the stock may face selling pressure at this level.
Shares of DeVry, Inc. (DV) fell by 1.54% or $-0.48/share to $30.6. In the past year, the shares have traded as low as $30.80 and as high as $66.57. On average, 891080 shares of DV exchange hands on a given day and today's volume is recorded at 366103. 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 $34.79 area but be careful because the stock may face selling pressure at this level.
Shares of First Solar, Inc. (FSLR) fell by 2.31% or $-0.44/share to $18.81. In the past year, the shares have traded as low as $18.98 and as high as $145.25. On average, 6296440 shares of FSLR exchange hands on a given day and today's volume is recorded at 2305918. 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 $28.53 area but be careful because the stock may face selling pressure at this level.
Shares of Nokia Corporation (NOK) fell by 0.55% or $-0.02/share to $3.63. In the past year, the shares have traded as low as $3.60 and as high as $8.87. On average, 38182660 shares of NOK exchange hands on a given day and today's volume is recorded at 19253066. 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 $5.03 area but be careful because the stock may face selling pressure at this level.
Shares of Apollo Group Inc. (APOL) fell by 0.2% or $-0.07/share to $34.35. In the past year, the shares have traded as low as $34.12 and as high as $58.29. On average, 2367290 shares of APOL exchange hands on a given day and today's volume is recorded at 945501. 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 $42.63 area but be careful because the stock may face selling pressure at this level.
