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Tuesday, June 25, 2013

Top Losers: (NYSE: DMD), (NYSE: AVD), (NYSE: BKS), (NASDAQ: AMRN), (NYSE: WAG)

NYSE (NYSE: DMD): fell by 22.40% or $-1.83/share to $6.34. In the past year, the shares have traded as low as $7.39 and as high as $12.50. On average, 312914 shares of DMD exchange hands on a given day and today's volume is recorded at 1115392. 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 $8.66 area where the stock may encounter resistance.

NYSE (NYSE: AVD): fell by 15.18% or $-4.18/share to $23.36. In the past year, the shares have traded as low as $23.00 and as high as $37.51. On average, 206355 shares of AVD exchange hands on a given day and today's volume is recorded at 525666. 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 $30.02 area but be careful because the stock may face selling pressure at this level.

NYSE (NYSE: BKS): fell by 13.39% or $-2.52/share to $16.30. In the past year, the shares have traded as low as $11.17 and as high as $23.71. On average, 1432060 shares of BKS exchange hands on a given day and today's volume is recorded at 2555409. 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 $16.79 area where the stock may encounter resistance.

NASDAQ (NASDAQ: AMRN): fell by 8.01% or $-0.4701/share to $5.40. In the past year, the shares have traded as low as $5.86 and as high as $15.96. On average, 3869900 shares of AMRN exchange hands on a given day and today's volume is recorded at 3041541. 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 $6.88 area but be careful because the stock may face selling pressure at this level.

NYSE (NYSE: WAG): fell by 6.00% or $-2.885/share to $45.16. In the past year, the shares have traded as low as $28.92 and as high as $51.25. On average, 5371020 shares of WAG exchange hands on a given day and today's volume is recorded at 6445897. 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 $49.31 represents resistance and the 200-day moving average of $44.11 would be an area of support.