Stocks falling to new 52 week lows on April 11 are OPNET Technologies Inc, Nokia Corporation, Polycom, Inc, Accretive Health, Inc, and RF Micro Devices 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 OPNET Technologies Inc. (OPNT) fell by 12.07% or $-3.21/share to $23.39. In the past year, the shares have traded as low as $26.47 and as high as $47.63. On average, 263790 shares of OPNT exchange hands on a given day and today's volume is recorded at 407627. 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 $30.38 area but be careful because the stock may face selling pressure at this level.
Shares of Nokia Corporation (NOK) fell by 14.21% or $-0.72/share to $4.32. In the past year, the shares have traded as low as $4.47 and as high as $8.88. On average, 31687750 shares of NOK exchange hands on a given day and today's volume is recorded at 81681568. 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 $5.24 area but be careful because the stock may face selling pressure at this level.
Shares of Polycom, Inc. (PLCM) fell by 2.44% or $-0.34/share to $13.57. In the past year, the shares have traded as low as $13.86 and as high as $34.30. On average, 3209830 shares of PLCM exchange hands on a given day and today's volume is recorded at 1380567. 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 $19.62 area but be careful because the stock may face selling pressure at this level.
Shares of Accretive Health, Inc. (AH) traded higher by 0.9% or $0.17/share to $18.96. In the past year, the shares have traded as low as $18.74 and as high as $32.82. On average, 458200 shares of AH exchange hands on a given day and today's volume is recorded at 80636. 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 $23.89 area but be careful because the stock may face selling pressure at this level.
Shares of RF Micro Devices Inc. (RFMD) fell by 0.23% or $-0.01/share to $4.34. In the past year, the shares have traded as low as $4.33 and as high as $7.89. On average, 4625070 shares of RFMD exchange hands on a given day and today's volume is recorded at 1471749. 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 $4.88 area but be careful because the stock may face selling pressure at this level.
