Among the most volatile stocks traded on July 2 were: Cencosud S.A, Greenbrier Companies, Vera Bradley, Inc, OpenTable, Inc, and Quicksilver Resources 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 Cencosud S.A. (CNCO) traded higher by 3.02% or $0.54/share to $18.44. In the past year, the shares have traded as low as $15.10 and as high as $18.00. On average, 306550 shares of CNCO exchange hands on a given day and today's volume is recorded at 36958. 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 $16.78 area.
Shares of Greenbrier Companies (GBX) fell by 9.56% or $-1.68/share to $15.9. In the past year, the shares have traded as low as $10.38 and as high as $26.66. On average, 615600 shares of GBX exchange hands on a given day and today's volume is recorded at 261459. 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 $19.38 represents resistance and the 50-day moving average of $15.36 would be an area of support.
Shares of Vera Bradley, Inc. (VRA) fell by 7.97% or $-1.68/share to $19.4. In the past year, the shares have traded as low as $18.91 and as high as $45.91. On average, 993970 shares of VRA exchange hands on a given day and today's volume is recorded at 471341. 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 $23.41 area but be careful because the stock may face selling pressure at this level.
Shares of OpenTable, Inc. (OPEN) fell by 9.18% or $-4.13/share to $40.88. In the past year, the shares have traded as low as $31.54 and as high as $90.88. On average, 1004800 shares of OPEN exchange hands on a given day and today's volume is recorded at 382523. 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 $42.81 represents resistance and the 50-day moving average of $40.80 would be an area of support.
Shares of Quicksilver Resources Inc. (KWK) fell by 2.77% or $-0.15/share to $5.27. In the past year, the shares have traded as low as $2.93 and as high as $14.90. On average, 4972160 shares of KWK exchange hands on a given day and today's volume is recorded at 713213. 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 $5.99 represents resistance and the 50-day moving average of $4.17 would be an area of support.
