NYSE (NYSE: INGR): fell by 9.37% or $-6.51/share to $62.95. In the past year, the shares have traded as low as $45.30 and as high as $74.31. On average, 444971 shares of INGR exchange hands on a given day and today's volume is recorded at 664187. 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 $67.69 area but be careful because the stock may face selling pressure at this level.
NASDAQ (NASDAQ: MELI): fell by 4.64% or $-5.26/share to $108.13. In the past year, the shares have traded as low as $64.18 and as high as $128.46. On average, 581602 shares of MELI exchange hands on a given day and today's volume is recorded at 220342. 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 $112.16 represents resistance and the 200-day moving average of $98.47 would be an area of support.
NASDAQ (NASDAQ: UNTD): fell by 4.40% or $-0.35/share to $7.60. In the past year, the shares have traded as low as $4.00 and as high as $8.13. On average, 746114 shares of UNTD exchange hands on a given day and today's volume is recorded at 221105. 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 $7.29 area where the stock will likely see buying pressure.
NYSE (NYSE: MHR): fell by 4.28% or $-0.17/share to $3.80. In the past year, the shares have traded as low as $2.37 and as high as $5.24. On average, 4909930 shares of MHR exchange hands on a given day and today's volume is recorded at 1000617. 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 $3.7374 area.
NASDAQ (NASDAQ: CROX): fell by 4.17% or $-0.73/share to $16.76. In the past year, the shares have traded as low as $12.00 and as high as $18.60. On average, 1174720 shares of CROX exchange hands on a given day and today's volume is recorded at 723793. 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 $16.75 area where the stock will likely see buying pressure.
