The following stocks were detected to be trading among the most active on July 5: Immucor Inc, Ford Motor Co, Citigroup, Inc, PowerShares QQQ, and iShares MSCI Japan Index. These stocks are highly traded usually because new relevant information on the company has become available. Being on the highly active list isn't always positive as high activity may be a result of negative news. Regardless, high activity means high liquidity. High volume, combined with price movement is what traders require to make profits.
Shares of Immucor Inc. (BLUD) traded higher by 30.25% or $6.27/share to $27.0. In the past year, the shares have traded as low as $15.01 and as high as $21.95. On average, 465170 shares of BLUD exchange hands on a given day and today's volume is recorded at 15930981. 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 $20.38 area where the stock will likely see buying pressure.
Shares of Ford Motor Co. (F) traded higher by 0.14% or $0.02/share to $14.04. In the past year, the shares have traded as low as $10.04 and as high as $18.97. On average, 63019010 shares of F exchange hands on a given day and today's volume is recorded at 14263916. 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 $14.39 area but be careful because the stock may face selling pressure at this level.
Shares of Citigroup, Inc. (C) fell by 1.34% or $-0.57/share to $42.31. In the past year, the shares have traded as low as $36.30 and as high as $51.50. On average, 41195380 shares of C exchange hands on a given day and today's volume is recorded at 13671106. The shares are currently trading below the 200-day moving average but above the 50-day moving average. The stock may be range bound between these two levels where the 200-day moving average of $44.00 represents resistance and the 50-day moving average of $41.29 would be an area of support.
Shares of PowerShares QQQ (QQQ) traded higher by 0.23% or $0.13/share to $58.04. In the past year, the shares have traded as low as $41.75 and as high as $59.21. On average, 51242700 shares of QQQ exchange hands on a given day and today's volume is recorded at 13496449. 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 $56.87 area where the stock will likely see buying pressure.
Shares of iShares MSCI Japan Index (EWJ) fell by 0.29% or $-0.03/share to $10.49. In the past year, the shares have traded as low as $9.07 and as high as $11.53. On average, 29783430 shares of EWJ exchange hands on a given day and today's volume is recorded at 13502867. 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 $10.37 area.
