Among the most volatile stocks traded on June 18 were: First Solar, Inc, Trina Solar Limited, LRR Energy, L.P, Yingli Green Energy Holding Co. Ltd, and National Bank of Greece SA. 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 First Solar, Inc. (FSLR) traded higher by 7.53% or $1.05/share to $15.0. In the past year, the shares have traded as low as $11.43 and as high as $142.18. On average, 6531710 shares of FSLR exchange hands on a given day and today's volume is recorded at 3648246. 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 $16.60 area but be careful because the stock may face selling pressure at this level.
Shares of Trina Solar Limited (TSL) traded higher by 4.55% or $0.30/share to $6.89. In the past year, the shares have traded as low as $5.01 and as high as $22.76. On average, 2569280 shares of TSL exchange hands on a given day and today's volume is recorded at 1598875. The shares are currently trading below the 200-day moving average but above the 50-day moving average. The stock may be range bound between these two levels where the 200-day moving average of $7.64 represents resistance and the 50-day moving average of $6.58 would be an area of support.
Shares of LRR Energy, L.P. (LRE) fell by 4.83% or $-0.69/share to $13.65. In the past year, the shares have traded as low as $13.31 and as high as $21.58. On average, 101470 shares of LRE exchange hands on a given day and today's volume is recorded at 45667. 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 $17.02 area but be careful because the stock may face selling pressure at this level.
Shares of Yingli Green Energy Holding Co. Ltd. (YGE) traded higher by 3.17% or $0.09/share to $2.93. In the past year, the shares have traded as low as $2.50 and as high as $9.33. On average, 2121280 shares of YGE exchange hands on a given day and today's volume is recorded at 2025384. 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 $3.15 area but be careful because the stock may face selling pressure at this level.
Shares of National Bank of Greece SA (NBG) fell by 3.85% or $-0.07/share to $1.75. In the past year, the shares have traded as low as $1.12 and as high as $7.55. On average, 1264470 shares of NBG exchange hands on a given day and today's volume is recorded at 2251840. 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 $1.86 area but be careful because the stock may face selling pressure at this level.
