JPMorgan Chase, Goldman Sachs Group Among Stocks Down on High Volume Monday

These are stocks that are down on high volume today:

  • JPMorgan Chase (NYSE:JPM) experienced a price drop on above-average volume today, with 95.3 million shares, or two its average daily volume, changing hands. With a closing price of $35.79, shares dropped 3.2%. Shares are down over the last two months as the price has dropped $8.91 (-19.9%) from a price of $44.70 on March 15, 2012. The stock is trading at 83% of its 50-day moving average and 93% of its 200-day moving average.
  • Goldman Sachs Group (NYSE:GS) traded on a volume of 10 million, or two its average daily volume, but its price was down. Shares were down 2.3% to $99.77. The stock has been on a downward trajectory over the last two months, dipping $23.29 (-18.9%) from a price of $123.06 on March 15, 2012. The stock is trading at 86.6% of its 50-day moving average and 90.9% of its 200-day moving average.
  • TJX Cos (NYSE:TJX) was trading down on above-average volume with 9.8 million shares moving, or 2.2 its average daily volume. The stock price declined 3.8%, closing at $39.70. Share price went up over the last three months, now up $5.66 (16.6%) from $34.04 on February 15, 2012. The stock has moved down across its 50-day moving average of $40.65 today.
  • After trading at a volume of 4.4 million, or 1.6 its average daily volume, (NYSE:UTX) saw its price drop. Shares fell 1.6% to $75.95. The stock has been sliding in the last two months, down $10.94 (-12.6%) from a price of $86.89 on March 15, 2012. The stock is trading at 94.1% of its 50-day moving average and 96.1% of its 200-day moving average.
  • Trading with volume of 9.4 million, or 1.9 its average daily volume, JC Penney (NYSE:JCP) saw its price drop on above-normal volume. With a closing price of $33.54, shares were off 2.3%. The stock has lost momentum over the last three months, losing $8.71 (-20.6%) from $42.25 on February 15, 2012. The stock is trading at 96.2% of its 50-day moving average and 95.2% of its 200-day moving average.
  • Silver Wheaton (NYSE:SLW) was trading down on above-average volume with 10.4 million shares moving, or 1.8 its average daily volume. At $24.40, the stock price has fallen 7.8%. The stock is down over the last three months, having fallen $11.04 (-31.2%) from $35.44 on February 15, 2012. The stock is trading at 81.1% of its 50-day moving average and 74.6% of its 200-day moving average.
  • State Street (NYSE:STT) was down on high volume, trading with volume of 5.3 million, or 1.6 its average daily volume. Closing at $42.44, shares dropped 2.6%. The stock is down over the last two months, having fallen $3.40 (-7.4%) from a price of $45.84 on March 15, 2012. The stock has dropped a step closer to its 200-day moving average, sitting just 1.8% above the mark.
  • Melco Crown Entertainment (NASDAQ:MPEL) saw its price drop on above-normal volume today, as 16.2 million shares have changed hands or 2.1 times its average daily volume. Shares fell 9.6% to $12.99. The stock has been going in a negative direction over the last month, dropping $1.29 (-9%) from a price of $14.28 on April 13, 2012. The stock is trading 5.8% above its 200-day moving average.
  • After trading at a volume of 5.6 million, or 1.9 its average daily volume, (NYSE:WM) saw its price drop. With a closing price of $32.62, shares dropped 2.6%. The share price has been falling in the last month, down $2.52 (-7.2%) from $35.14 on April 13, 2012. The stock is trading at 93.7% of its 50-day moving average and 96.3% of its 200-day moving average.