Stocks falling to new 52 week lows on August 22 are Bazaarvoice, Inc, TIM Participacoes S.A, Nxstage Medical, Inc, Express Inc, and Tesaro, Inc. 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 Bazaarvoice, Inc. (BV) fell by 2.18% or $-0.30/share to $13.43. In the past year, the shares have traded as low as $13.55 and as high as $21.10. On average, 328720 shares of BV exchange hands on a given day and today's volume is recorded at 1524144. 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 $16.75 area but be careful because the stock may face selling pressure at this level.
Shares of TIM Participacoes S.A. (TSU) fell by 4.75% or $-0.98/share to $19.63. In the past year, the shares have traded as low as $20.18 and as high as $32.39. On average, 1785510 shares of TSU exchange hands on a given day and today's volume is recorded at 2026086. 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 $23.98 area but be careful because the stock may face selling pressure at this level.
Shares of Nxstage Medical, Inc. (NXTM) fell by 1.2% or $-0.15/share to $12.38. In the past year, the shares have traded as low as $12.52 and as high as $24.06. On average, 439830 shares of NXTM exchange hands on a given day and today's volume is recorded at 530340. 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 $15.15 area but be careful because the stock may face selling pressure at this level.
Shares of Express Inc. (EXPR) fell by 10.89% or $-1.84/share to $15.06. In the past year, the shares have traded as low as $15.34 and as high as $26.27. On average, 1727320 shares of EXPR exchange hands on a given day and today's volume is recorded at 5972107. 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 $17.25 area but be careful because the stock may face selling pressure at this level.
Shares of Tesaro, Inc. (TSRO) fell by 0.7% or $-0.09/share to $12.8. In the past year, the shares have traded as low as $12.20 and as high as $14.18. On average, 60370 shares of TSRO exchange hands on a given day and today's volume is recorded at 11475. 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 $13.56 area but be careful because the stock may face selling pressure at this level.
