The following stocks were among the worst performers for the week: China Telecom Corp. Ltd, Community Health Systems, Inc, B Communications Ltd, Alpha Natural Resources, Inc, and Robbins & Myers Inc.
Shares of China Telecom Corp. Ltd (CHA) had a total return loss of -8.1% for the week and are currently trading at $53.76. In the past year, the shares have traded as low as $51.41 and as high as $67.97. On average, 91560 shares of CHA exchange hands on a given day and today's volume is recorded at 56273. 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 $56.90 area but be careful because the stock may face selling pressure at this level.
Shares of Community Health Systems, Inc (CYH) had a total return loss of -8.06% for the week and are currently trading at $22.48. In the past year, the shares have traded as low as $14.61 and as high as $41.09. On average, 1992470 shares of CYH exchange hands on a given day and today's volume is recorded at 1651215. 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 $21.22 area where the stock will likely see buying pressure.
Shares of B Communications Ltd (BCOM) had a total return loss of -7.99% for the week and are currently trading at $9.9. In the past year, the shares have traded as low as $9.30 and as high as $35.21. On average, 1490 shares of BCOM exchange hands on a given day and today's volume is recorded at 1900. 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 $11.51 area but be careful because the stock may face selling pressure at this level.
Shares of Alpha Natural Resources, Inc (ANR) had a total return loss of -7.95% for the week and are currently trading at $15.98. In the past year, the shares have traded as low as $15.49 and as high as $61.65. On average, 10560210 shares of ANR exchange hands on a given day and today's volume is recorded at 11031826. 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 $19.38 area but be careful because the stock may face selling pressure at this level.
Shares of Robbins & Myers Inc (RBN) had a total return loss of -7.82% for the week and are currently trading at $45.29. In the past year, the shares have traded as low as $31.48 and as high as $55.52. On average, 488020 shares of RBN exchange hands on a given day and today's volume is recorded at 696123. The shares are currently trading below the 200-day moving average which indicates that the shares have been suffering from downward momentum lately. The stock may bounce higher to test the 200-day moving average, so look for a move up to the $46.74 area where the stock may encounter resistance.
