The following stocks were among the worst performers for the week: Best Buy Co. Inc, Lloyds Banking Group plc, Constellation Brands Inc, Green Mountain Coffee Roasters Inc, and Alliance Resource Partners LP.
Shares of Best Buy Co. Inc (BBY) had a total return loss of -8.56% for the week and are currently trading at $22.65. In the past year, the shares have traded as low as $21.64 and as high as $32.25. On average, 6366360 shares of BBY exchange hands on a given day and today's volume is recorded at 6947677. 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 $25.13 area but be careful because the stock may face selling pressure at this level.
Shares of Lloyds Banking Group plc (LYG) had a total return loss of -8.53% for the week and are currently trading at $1.93. In the past year, the shares have traded as low as $1.33 and as high as $4.08. On average, 2367550 shares of LYG exchange hands on a given day and today's volume is recorded at 1670188. 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 $2.10 area where the stock may encounter resistance.
Shares of Constellation Brands Inc (STZ) had a total return loss of -8.51% for the week and are currently trading at $21.61. In the past year, the shares have traded as low as $16.42 and as high as $24.87. On average, 1549970 shares of STZ exchange hands on a given day and today's volume is recorded at 15637174. 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 $22.28 represents resistance and the 200-day moving average of $20.41 would be an area of support.
Shares of Green Mountain Coffee Roasters Inc (GMCR) had a total return loss of -8.49% for the week and are currently trading at $44.09. In the past year, the shares have traded as low as $34.06 and as high as $115.97. On average, 5957160 shares of GMCR exchange hands on a given day and today's volume is recorded at 5250007. 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 $58.65 area but be careful because the stock may face selling pressure at this level.
Shares of Alliance Resource Partners LP (ARLP) had a total return loss of -8.46% for the week and are currently trading at $55.92. In the past year, the shares have traded as low as $56.54 and as high as $82.75. On average, 125190 shares of ARLP exchange hands on a given day and today's volume is recorded at 223766. 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 $70.43 area but be careful because the stock may face selling pressure at this level.
