Among the most volatile stocks traded on April 26 were: Accretive Health, Inc, ITT Educational Services Inc, Brunswick Corporation, TriQuint Semiconductor, Inc, and Hercules Offshore, 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 Accretive Health, Inc. (AH) traded higher by 10.79% or $1.16/share to $11.91. In the past year, the shares have traded as low as $10.74 and as high as $32.82. On average, 499260 shares of AH exchange hands on a given day and today's volume is recorded at 2325190. 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 $22.23 area but be careful because the stock may face selling pressure at this level.
Shares of ITT Educational Services Inc. (ESI) traded higher by 5.34% or $3.33/share to $65.74. In the past year, the shares have traded as low as $50.22 and as high as $95.52. On average, 466800 shares of ESI exchange hands on a given day and today's volume is recorded at 147269. 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 $66.20 area but be careful because the stock may face selling pressure at this level.
Shares of Brunswick Corporation (BC) fell by 0.22% or $-0.06/share to $26.84. In the past year, the shares have traded as low as $13.15 and as high as $27.30. On average, 1407390 shares of BC exchange hands on a given day and today's volume is recorded at 1145483. 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 $24.86 area where the stock will likely see buying pressure.
Shares of TriQuint Semiconductor, Inc. (TQNT) fell by 5.98% or $-0.33/share to $5.19. In the past year, the shares have traded as low as $3.97 and as high as $14.13. On average, 5591240 shares of TQNT exchange hands on a given day and today's volume is recorded at 9719825. 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 $6.22 area where the stock may encounter resistance.
Shares of Hercules Offshore, Inc. (HERO) traded higher by 3.02% or $0.15/share to $5.12. In the past year, the shares have traded as low as $2.25 and as high as $6.54. On average, 4387160 shares of HERO exchange hands on a given day and today's volume is recorded at 1903771. 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 $4.89 area where the stock will likely see buying pressure.
