Among the most volatile stocks traded on June 12 were: YPF S.A, Endeavour International Corporation, First Solar, Inc, Sun Healthcare Group, Inc, and AK Steel Holding Corporation. 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 YPF S.A. (YPF) fell by 3.33% or $-0.37/share to $10.75. In the past year, the shares have traded as low as $11.06 and as high as $44.42. On average, 1541170 shares of YPF exchange hands on a given day and today's volume is recorded at 342653. 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 $15.77 area but be careful because the stock may face selling pressure at this level.
Shares of Endeavour International Corporation (END) fell by 3.34% or $-0.29/share to $8.38. In the past year, the shares have traded as low as $5.73 and as high as $16.43. On average, 861710 shares of END exchange hands on a given day and today's volume is recorded at 191589. 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 $9.34 area where the stock may encounter resistance.
Shares of First Solar, Inc. (FSLR) traded higher by 9.9% or $1.22/share to $13.55. In the past year, the shares have traded as low as $11.43 and as high as $142.18. On average, 6010890 shares of FSLR exchange hands on a given day and today's volume is recorded at 3788985. 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 $17.35 area but be careful because the stock may face selling pressure at this level.
Shares of Sun Healthcare Group, Inc. (SUNH) fell by 4.41% or $-0.25/share to $5.51. In the past year, the shares have traded as low as $2.06 and as high as $9.58. On average, 373800 shares of SUNH exchange hands on a given day and today's volume is recorded at 53286. 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 $6.06 represents resistance and the 200-day moving average of $4.42 would be an area of support.
Shares of AK Steel Holding Corporation (AKS) fell by 6.81% or $-0.34/share to $4.65. In the past year, the shares have traded as low as $4.98 and as high as $16.34. On average, 7486830 shares of AKS exchange hands on a given day and today's volume is recorded at 7383716. 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 $6.83 area but be careful because the stock may face selling pressure at this level.
