The following stocks were among the worst performers for the week: Ivanhoe Mines Ltd, Nationstar Mortgage Holdings In, Pioneer Natural Resources Co, Ctrip.com International Ltd, and Williams Partners L.P.
Shares of Ivanhoe Mines Ltd (IVN) had a total return loss of -7.81% for the week and are currently trading at $16.52. In the past year, the shares have traded as low as $12.11 and as high as $28.97. On average, 2647830 shares of IVN exchange hands on a given day and today's volume is recorded at 1821538. 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 $17.54 area but be careful because the stock may face selling pressure at this level.
Shares of Nationstar Mortgage Holdings In (NSM) had a total return loss of -7.73% for the week and are currently trading at $13.61. In the past year, the shares have traded as low as $13.02 and as high as $14.94. On average, 1589510 shares of NSM exchange hands on a given day and today's volume is recorded at 300596. 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 $14.29 area but be careful because the stock may face selling pressure at this level.
Shares of Pioneer Natural Resources Co (PXD) had a total return loss of -7.51% for the week and are currently trading at $101.75. In the past year, the shares have traded as low as $58.63 and as high as $119.19. On average, 1893200 shares of PXD exchange hands on a given day and today's volume is recorded at 1881212. The shares are currently trading below the 50-day moving average but above the 200-day moving average. The stock may be range bound between these two levels where the 50-day moving average of $105.96 represents resistance and the 200-day moving average of $89.32 would be an area of support.
Shares of Ctrip.com International Ltd (CTRP) had a total return loss of -7.5% for the week and are currently trading at $22.83. In the past year, the shares have traded as low as $22.02 and as high as $50.56. On average, 3124950 shares of CTRP exchange hands on a given day and today's volume is recorded at 3278093. 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 $25.11 area but be careful because the stock may face selling pressure at this level.
Shares of Williams Partners L.P (WPZ) had a total return loss of -7.48% for the week and are currently trading at $56.0. In the past year, the shares have traded as low as $44.27 and as high as $64.59. On average, 516450 shares of WPZ exchange hands on a given day and today's volume is recorded at 526738. The shares are currently trading below the 50-day moving average but above the 200-day moving average. The stock may be range bound between these two levels where the 50-day moving average of $61.36 represents resistance and the 200-day moving average of $55.97 would be an area of support.
