The following stocks were among the worst performers for the week: Assured Guaranty Ltd, Sears Holdings Corporation, Nortel Inversora S.A, Baker Hughes Incorporated, and First Solar, Inc.
Shares of Assured Guaranty Ltd (AGO) had a total return loss of -13.11% for the week and are currently trading at $16.3. In the past year, the shares have traded as low as $9.11 and as high as $19.04. On average, 2115730 shares of AGO exchange hands on a given day and today's volume is recorded at 1319957. 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 $16.80 represents resistance and the 200-day moving average of $13.78 would be an area of support.
Shares of Sears Holdings Corporation (SHLD) had a total return loss of -12.34% for the week and are currently trading at $72.36. In the past year, the shares have traded as low as $28.89 and as high as $87.66. On average, 2378040 shares of SHLD exchange hands on a given day and today's volume is recorded at 1217482. 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 $61.35 area.
Shares of Nortel Inversora S.A (NTL) had a total return loss of -11.01% for the week and are currently trading at $19.8. In the past year, the shares have traded as low as $19.59 and as high as $30.72. On average, 14150 shares of NTL exchange hands on a given day and today's volume is recorded at 99129. 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 $24.10 area but be careful because the stock may face selling pressure at this level.
Shares of Baker Hughes Incorporated (BHI) had a total return loss of -10.7% for the week and are currently trading at $43.71. In the past year, the shares have traded as low as $41.67 and as high as $80.36. On average, 7221960 shares of BHI exchange hands on a given day and today's volume is recorded at 9003983. 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 $48.93 area but be careful because the stock may face selling pressure at this level.
Shares of First Solar, Inc (FSLR) had a total return loss of -10.21% for the week and are currently trading at $26.11. In the past year, the shares have traded as low as $25.29 and as high as $162.98. On average, 5345550 shares of FSLR exchange hands on a given day and today's volume is recorded at 4854820. 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 $36.80 area but be careful because the stock may face selling pressure at this level.
