Among the most volatile stocks traded on May 25 were: E-House (China) Holdings Limited, VimpelCom Ltd, Frontline Ltd, rue21, Inc, and DigitalGlobe, 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 E-House (China) Holdings Limited (EJ) traded higher by 13.39% or $0.73/share to $6.18. In the past year, the shares have traded as low as $3.92 and as high as $10.44. On average, 280280 shares of EJ exchange hands on a given day and today's volume is recorded at 252847. 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 $6.13 area where the stock will likely see buying pressure.
Shares of VimpelCom Ltd. (VIP) fell by 10.88% or $-0.95/share to $7.78. In the past year, the shares have traded as low as $8.38 and as high as $13.77. On average, 2033780 shares of VIP exchange hands on a given day and today's volume is recorded at 2746898. 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 $10.19 area but be careful because the stock may face selling pressure at this level.
Shares of Frontline Ltd. (FRO) traded higher by 13.45% or $0.67/share to $5.65. In the past year, the shares have traded as low as $2.52 and as high as $18.66. On average, 2592600 shares of FRO exchange hands on a given day and today's volume is recorded at 1889481. The shares are currently trading below the 50-day moving average but above the 200-day moving average. The stock may be range bound between these two levels where the 50-day moving average of $6.37 represents resistance and the 200-day moving average of $5.44 would be an area of support.
Shares of rue21, Inc. (RUE) traded higher by 7.48% or $2.02/share to $29.02. In the past year, the shares have traded as low as $19.69 and as high as $37.33. On average, 294280 shares of RUE exchange hands on a given day and today's volume is recorded at 322913. 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 $28.75 area where the stock will likely see buying pressure.
Shares of DigitalGlobe, Inc. (DGI) traded higher by 9.56% or $1.50/share to $17.19. In the past year, the shares have traded as low as $11.61 and as high as $27.42. On average, 618340 shares of DGI exchange hands on a given day and today's volume is recorded at 408929. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $16.67 area.
