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Thursday, July 11, 2013

Top Losers: (NASDAQ: MACK), (AMEX: VTG), (NASDAQ: DSGX), (NASDAQ: EVAC), (NASDAQ: ASCMA)

NASDAQ (NASDAQ: MACK): fell by 19.89% or $-1.39/share to $5.60. In the past year, the shares have traded as low as $4.06 and as high as $11.11. On average, 599292 shares of MACK exchange hands on a given day and today's volume is recorded at 1131840. 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 $5.96 area where the stock may encounter resistance.

AMEX (AMEX: VTG): fell by 6.67% or $-0.13/share to $1.82. In the past year, the shares have traded as low as $1.43 and as high as $2.06. On average, 1086490 shares of VTG exchange hands on a given day and today's volume is recorded at 5619569. 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 $1.94 represents resistance and the 200-day moving average of $1.78 would be an area of support.

NASDAQ (NASDAQ: DSGX): fell by 5.39% or $-0.64/share to $11.23. In the past year, the shares have traded as low as $7.75 and as high as $11.90. On average, 21341 shares of DSGX exchange hands on a given day and today's volume is recorded at 5760. 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 $10.98 area where the stock will likely see buying pressure.

NASDAQ (NASDAQ: EVAC): fell by 4.44% or $-0.39/share to $8.40. In the past year, the shares have traded as low as $5.42 and as high as $9.64. On average, 15114 shares of EVAC exchange hands on a given day and today's volume is recorded at 8000. 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 $8.06 area where the stock will likely see buying pressure.

NASDAQ (NASDAQ: ASCMA): fell by 4.38% or $-3.69/share to $80.46. In the past year, the shares have traded as low as $48.01 and as high as $84.50. On average, 38222 shares of ASCMA exchange hands on a given day and today's volume is recorded at 45100. 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 $76.09 area where the stock will likely see buying pressure.