Among the most volatile stocks traded on September 14 were: Sify Technologies Limited, Genworth Financial Inc, Groupon, Inc, RDA Microelectronics, Inc, and Beazer Homes USA 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 Sify Technologies Limited (SIFY) traded higher by 5.38% or $0.14/share to $2.74. In the past year, the shares have traded as low as $1.90 and as high as $6.45. On average, 104590 shares of SIFY exchange hands on a given day and today's volume is recorded at 105585. 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 $3.16 represents resistance and the 50-day moving average of $2.22 would be an area of support.
Shares of Genworth Financial Inc. (GNW) traded higher by 2.89% or $0.17/share to $6.06. In the past year, the shares have traded as low as $4.06 and as high as $9.68. On average, 8199629 shares of GNW exchange hands on a given day and today's volume is recorded at 4191241. 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 $6.55 represents resistance and the 50-day moving average of $5.13 would be an area of support.
Shares of Groupon, Inc. (GRPN) traded higher by 8.82% or $0.42/share to $5.18. In the past year, the shares have traded as low as $4.00 and as high as $31.15. On average, 10794330 shares of GRPN exchange hands on a given day and today's volume is recorded at 6985482. 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 $6.14 area but be careful because the stock may face selling pressure at this level.
Shares of RDA Microelectronics, Inc. (RDA) traded higher by 8.69% or $0.89/share to $11.13. In the past year, the shares have traded as low as $7.06 and as high as $14.25. On average, 42040 shares of RDA exchange hands on a given day and today's volume is recorded at 150696. 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 $10.84 area.
Shares of Beazer Homes USA Inc. (BZH) traded higher by 11.11% or $0.39/share to $3.9. In the past year, the shares have traded as low as $1.35 and as high as $3.98. On average, 6532930 shares of BZH exchange hands on a given day and today's volume is recorded at 5827225. 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 $2.90 area.
