The following stocks were among the best performers for the week: Qihoo 360 Technology Co. Ltd, CVR Partners, LP, Tele Norte Leste Participacoes S.A, Lions Gate Entertainment Corp, and Incyte Corporation.
Shares of Qihoo 360 Technology Co. Ltd (QIHU) had a total return gain of 10.78% for the week and are currently trading at $24.87. In the past year, the shares have traded as low as $13.71 and as high as $36.21. On average, 1540920 shares of QIHU exchange hands on a given day and today's volume is recorded at 2944192. 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 $19.43 area.
Shares of CVR Partners, LP (UAN) had a total return gain of 10.16% for the week and are currently trading at $27.75. In the past year, the shares have traded as low as $15.79 and as high as $31.00. On average, 369400 shares of UAN exchange hands on a given day and today's volume is recorded at 375482. 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 $27.23 area where the stock will likely see buying pressure.
Shares of Tele Norte Leste Participacoes S.A (TNE) had a total return gain of 10.07% for the week and are currently trading at $12.02. In the past year, the shares have traded as low as $8.49 and as high as $19.16. On average, 1879220 shares of TNE exchange hands on a given day and today's volume is recorded at 4031238. 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 $11.34 area.
Shares of Lions Gate Entertainment Corp (LGF) had a total return gain of 9.99% for the week and are currently trading at $14.53. In the past year, the shares have traded as low as $5.76 and as high as $16.19. On average, 1960870 shares of LGF exchange hands on a given day and today's volume is recorded at 14111708. 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 $11.90 area where the stock will likely see buying pressure.
Shares of Incyte Corporation (INCY) had a total return gain of 9.51% for the week and are currently trading at $19.8. In the past year, the shares have traded as low as $11.76 and as high as $21.15. On average, 1631430 shares of INCY exchange hands on a given day and today's volume is recorded at 2301005. 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 $17.48 area where the stock will likely see buying pressure.
