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Friday, July 12, 2013

Top Losers: (NYSE: RLD), (NYSE: BBDO), (NYSE: YZC), (NYSE: CLD), (NYSE: GTS)

NYSE (NYSE: RLD): fell by 11.88% or $-1.605/share to $11.90. In the past year, the shares have traded as low as $8.57 and as high as $16.05. On average, 321129 shares of RLD exchange hands on a given day and today's volume is recorded at 310274. 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 $13.16 area where the stock may encounter resistance.

NYSE (NYSE: BBDO): fell by 9.33% or $-1.4/share to $13.60. In the past year, the shares have traded as low as $11.23 and as high as $18.95. On average, 2043 shares of BBDO exchange hands on a given day and today's volume is recorded at 14353. 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 $14.92 area but be careful because the stock may face selling pressure at this level.

NYSE (NYSE: YZC): fell by 7.84% or $-0.61/share to $7.17. In the past year, the shares have traded as low as $6.68 and as high as $18.57. On average, 370865 shares of YZC exchange hands on a given day and today's volume is recorded at 91412. 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 $8.61 area but be careful because the stock may face selling pressure at this level.

NYSE (NYSE: CLD): fell by 5.79% or $-0.98/share to $15.94. In the past year, the shares have traded as low as $14.17 and as high as $22.31. On average, 820225 shares of CLD exchange hands on a given day and today's volume is recorded at 395844. 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 $17.74 area but be careful because the stock may face selling pressure at this level.

NYSE (NYSE: GTS): fell by 5.65% or $-1.28/share to $21.38. In the past year, the shares have traded as low as $16.05 and as high as $23.70. On average, 159959 shares of GTS exchange hands on a given day and today's volume is recorded at 36719. 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 $21.72 represents resistance and the 200-day moving average of $19.19 would be an area of support.