Among the most volatile stocks traded on June 7 were: Annie's, Inc, Titan Machinery, Inc, Bio-Reference Laboratories Inc, Navistar International Corporation, and Westport Innovations 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 Annie's, Inc. (BNNY) fell by 5.48% or $-1.97/share to $33.98. In the past year, the shares have traded as low as $31.00 and as high as $45.00. On average, 444460 shares of BNNY exchange hands on a given day and today's volume is recorded at 648645. 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 $38.81 area but be careful because the stock may face selling pressure at this level.
Shares of Titan Machinery, Inc. (TITN) fell by 20.38% or $-6.79/share to $26.52. In the past year, the shares have traded as low as $15.58 and as high as $36.92. On average, 504110 shares of TITN exchange hands on a given day and today's volume is recorded at 1292200. 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 $31.96 represents resistance and the 200-day moving average of $25.47 would be an area of support.
Shares of Bio-Reference Laboratories Inc. (BRLI) fell by 7.67% or $-1.68/share to $20.25. In the past year, the shares have traded as low as $11.41 and as high as $24.48. On average, 209190 shares of BRLI exchange hands on a given day and today's volume is recorded at 259971. 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 $21.73 represents resistance and the 200-day moving average of $19.09 would be an area of support.
Shares of Navistar International Corporation (NAV) fell by 25.2% or $-7.10/share to $21.06. In the past year, the shares have traded as low as $25.51 and as high as $63.00. On average, 1585440 shares of NAV exchange hands on a given day and today's volume is recorded at 7169333. 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 $33.20 area but be careful because the stock may face selling pressure at this level.
Shares of Westport Innovations Inc. (WPRT) traded higher by 3.87% or $1.03/share to $27.65. In the past year, the shares have traded as low as $19.66 and as high as $50.19. On average, 2765030 shares of WPRT exchange hands on a given day and today's volume is recorded at 2204800. 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 $30.86 area but be careful because the stock may face selling pressure at this level.
