Among the most volatile stocks traded on July 31 were: Headwaters Inc, Kulicke & Soffa Industries Inc, Medidata Solutions, Inc, CEVA Inc, and HFF, 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 Headwaters Inc. (HW) traded higher by 12.09% or $0.66/share to $6.12. In the past year, the shares have traded as low as $1.05 and as high as $6.17. On average, 628220 shares of HW exchange hands on a given day and today's volume is recorded at 673590. The shares are currently trading above the 50-day moving average which indicates that the shares have been experiencing strong upward momentum as the 50 DMA is above the 200 DMA. The stock may come back down to test the 50-day moving average, so look for a move back to the $4.86 area where the stock will likely see buying pressure.
Shares of Kulicke & Soffa Industries Inc. (KLIC) traded higher by 14.95% or $1.47/share to $11.3. In the past year, the shares have traded as low as $6.71 and as high as $13.69. On average, 1108820 shares of KLIC exchange hands on a given day and today's volume is recorded at 3975036. 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 $10.46 area.
Shares of Medidata Solutions, Inc. (MDSO) traded higher by 15.46% or $4.82/share to $35.99. In the past year, the shares have traded as low as $14.07 and as high as $33.25. On average, 152430 shares of MDSO exchange hands on a given day and today's volume is recorded at 500763. The shares are currently trading above the 50-day moving average which indicates that the shares have been experiencing strong upward momentum as the 50 DMA is above the 200 DMA. The stock may come back down to test the 50-day moving average, so look for a move back to the $29.91 area where the stock will likely see buying pressure.
Shares of CEVA Inc. (CEVA) traded higher by 2.12% or $0.33/share to $15.89. In the past year, the shares have traded as low as $14.60 and as high as $34.50. On average, 318820 shares of CEVA exchange hands on a given day and today's volume is recorded at 280262. 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 $16.66 area but be careful because the stock may face selling pressure at this level.
Shares of HFF, Inc. (HF) fell by 11.74% or $-1.73/share to $13.0. In the past year, the shares have traded as low as $7.83 and as high as $16.93. On average, 144360 shares of HF exchange hands on a given day and today's volume is recorded at 344291. 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 $13.51 area where the stock may encounter resistance.
