Among the most volatile stocks traded on July 19 were: Safeway Inc, E-House (China) Holdings Limited, Ultratech, Inc, Rovi Corporation, and Lattice Semiconductor 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 Safeway Inc. (SWY) fell by 7.37% or $-1.21/share to $15.27. In the past year, the shares have traded as low as $15.55 and as high as $23.50. On average, 6715650 shares of SWY exchange hands on a given day and today's volume is recorded at 15858182. 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 E-House (China) Holdings Limited (EJ) traded higher by 13.88% or $0.59/share to $4.84. In the past year, the shares have traded as low as $3.92 and as high as $8.73. On average, 290160 shares of EJ exchange hands on a given day and today's volume is recorded at 1448286. 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 $5.49 area but be careful because the stock may face selling pressure at this level.
Shares of Ultratech, Inc. (UTEK) traded higher by 5.78% or $1.78/share to $32.55. In the past year, the shares have traded as low as $15.81 and as high as $33.33. On average, 213130 shares of UTEK exchange hands on a given day and today's volume is recorded at 482028. 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 $30.40 area where the stock will likely see buying pressure.
Shares of Rovi Corporation (ROVI) traded higher by 13.3% or $1.33/share to $11.34. In the past year, the shares have traded as low as $9.91 and as high as $58.76. On average, 1672250 shares of ROVI exchange hands on a given day and today's volume is recorded at 6554189. 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 $21.93 area but be careful because the stock may face selling pressure at this level.
Shares of Lattice Semiconductor Corporation (LSCC) fell by 2.43% or $-0.09/share to $3.62. 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 808538. 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.
