Stocks falling to new 52 week lows on July 19 are TAL Education Group, Ignite Restaurant Group, Inc, Partner Communications Company Ltd, Safeway Inc, and Lattice Semiconductor Corporation. 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 TAL Education Group (XRS) fell by 14.87% or $-1.31/share to $7.5. In the past year, the shares have traded as low as $8.41 and as high as $13.75. On average, 31840 shares of XRS exchange hands on a given day and today's volume is recorded at 729671. 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 $10.47 area but be careful because the stock may face selling pressure at this level.
Shares of Ignite Restaurant Group, Inc. (IRG) fell by 21.3% or $-4.06/share to $15.0. In the past year, the shares have traded as low as $16.50 and as high as $19.87. On average, 246430 shares of IRG exchange hands on a given day and today's volume is recorded at 1380434. 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 $18.22 area but be careful because the stock may face selling pressure at this level.
Shares of Partner Communications Company Ltd. (PTNR) fell by 5.37% or $-0.19/share to $3.35. In the past year, the shares have traded as low as $3.54 and as high as $14.56. On average, 160180 shares of PTNR exchange hands on a given day and today's volume is recorded at 109400. 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 $4.67 area but be careful because the stock may face selling pressure at this level.
Shares of Safeway Inc. (SWY) fell by 3.88% or $-0.64/share to $15.85. In the past year, the shares have traded as low as $15.55 and as high as $23.51. On average, 6715650 shares of SWY exchange hands on a given day and today's volume is recorded at 20457670. 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 $17.97 area but be careful because the stock may face selling pressure at this level.
Shares of Lattice Semiconductor Corporation (LSCC) fell by 2.96% or $-0.11/share to $3.6. In the past year, the shares have traded as low as $3.49 and as high as $7.18. On average, 1910780 shares of LSCC exchange hands on a given day and today's volume is recorded at 1123736. 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 $4.20 area but be careful because the stock may face selling pressure at this level.
