Stocks falling to new 52 week lows on May 21 are Partner Communications Company Ltd, BBVA Banco Frances S.A, Bazaarvoice, Inc, Green Mountain Coffee Roasters Inc, and Checkpoint Systems 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 Partner Communications Company Ltd. (PTNR) fell by 6.8% or $-0.37/share to $5.07. In the past year, the shares have traded as low as $5.14 and as high as $17.53. On average, 158580 shares of PTNR exchange hands on a given day and today's volume is recorded at 70769. 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 $7.19 area but be careful because the stock may face selling pressure at this level.
Shares of BBVA Banco Frances S.A. (BFR) fell by 2.31% or $-0.09/share to $3.81. In the past year, the shares have traded as low as $3.85 and as high as $10.61. On average, 142920 shares of BFR exchange hands on a given day and today's volume is recorded at 55071. 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 $5.34 area but be careful because the stock may face selling pressure at this level.
Shares of Bazaarvoice, Inc. (BV) traded higher by 0.99% or $0.15/share to $15.25. In the past year, the shares have traded as low as $14.91 and as high as $21.10. On average, 393420 shares of BV exchange hands on a given day and today's volume is recorded at 77713. 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 $18.09 area where the stock may encounter resistance.
Shares of Green Mountain Coffee Roasters Inc. (GMCR) fell by 0.5% or $-0.12/share to $23.93. In the past year, the shares have traded as low as $24.01 and as high as $116.00. On average, 7741670 shares of GMCR exchange hands on a given day and today's volume is recorded at 1468387. 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 $42.37 area but be careful because the stock may face selling pressure at this level.
Shares of Checkpoint Systems Inc. (CKP) fell by 0.26% or $-0.02/share to $7.6. In the past year, the shares have traded as low as $7.60 and as high as $18.50. On average, 268910 shares of CKP exchange hands on a given day and today's volume is recorded at 35056. 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 $10.45 area but be careful because the stock may face selling pressure at this level.
