Among the most volatile stocks traded on September 13 were: Heckmann Corporation, E-Commerce China Dangdang Inc, Accretive Health, Inc, E-House (China) Holdings Limited, and Grupo Simec S.A.B. de C.V. 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 Heckmann Corporation (HEK) traded higher by 6.27% or $0.28/share to $4.78. In the past year, the shares have traded as low as $2.60 and as high as $7.05. On average, 2899910 shares of HEK exchange hands on a given day and today's volume is recorded at 4881542. 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 $4.33 area.
Shares of E-Commerce China Dangdang Inc. (DANG) traded higher by 4.55% or $0.23/share to $5.31. In the past year, the shares have traded as low as $4.11 and as high as $11.25. On average, 935020 shares of DANG exchange hands on a given day and today's volume is recorded at 1307461. 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 $6.26 represents resistance and the 50-day moving average of $5.25 would be an area of support.
Shares of Accretive Health, Inc. (AH) fell by 3.4% or $-0.44/share to $12.5. In the past year, the shares have traded as low as $7.75 and as high as $29.10. On average, 962220 shares of AH exchange hands on a given day and today's volume is recorded at 723705. 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 $17.42 represents resistance and the 50-day moving average of $11.38 would be an area of support.
Shares of E-House (China) Holdings Limited (EJ) traded higher by 5.27% or $0.27/share to $5.39. In the past year, the shares have traded as low as $3.37 and as high as $8.73. On average, 313270 shares of EJ exchange hands on a given day and today's volume is recorded at 97567. 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 $5.53 represents resistance and the 50-day moving average of $4.97 would be an area of support.
Shares of Grupo Simec S.A.B. de C.V. (SIM) traded higher by 0.42% or $0.05/share to $12.06. In the past year, the shares have traded as low as $5.53 and as high as $12.05. On average, 28230 shares of SIM exchange hands on a given day and today's volume is recorded at 12394. 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 $10.46 area where the stock will likely see buying pressure.
