Randgold Resources Ltd. (NASDAQ: GOLD): fell by 9.85% or $-10.18/share to $93.22. In the past year, the shares have traded as low as $73.10 and as high as $120.73. On average, 540049 shares of GOLD exchange hands on a given day and today's volume is recorded at 1684755. 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 $108.14 area where the stock may encounter resistance.
Costamare Inc. (NYSE: CMRE): fell by 9.49% or $-1.47/share to $14.02. In the past year, the shares have traded as low as $10.93 and as high as $18.48. On average, 61728 shares of CMRE exchange hands on a given day and today's volume is recorded at 1708493. 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 $14.85 represents resistance and the 200-day moving average of $13.60 would be an area of support.
Mechel OAO (NYSE: MTL): fell by 8.15% or $-0.85/share to $9.58. In the past year, the shares have traded as low as $7.76 and as high as $32.20. On average, 2933990 shares of MTL exchange hands on a given day and today's volume is recorded at 4501635. 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 $10.89 area but be careful because the stock may face selling pressure at this level.
The Governor and Company of The Bank of Ireland (NYSE: IRE): fell by 8.12% or $-0.6/share to $6.79. In the past year, the shares have traded as low as $3.99 and as high as $27.00. On average, 1529570 shares of IRE exchange hands on a given day and today's volume is recorded at 1402980. 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 $7.34 represents resistance and the 200-day moving average of $6.70 would be an area of support.
Lions Gate Entertainment Corp. (NYSE: LGF): fell by 7.62% or $-1.195/share to $14.48. In the past year, the shares have traded as low as $5.76 and as high as $16.19. On average, 1780760 shares of LGF exchange hands on a given day and today's volume is recorded at 4938088. 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 $12.75 area where the stock will likely see buying pressure.
