The following stocks were detected to be trading among the most active on July 12: Ford Motor Co, Alcoa, Inc, SIRIUS XM Radio Inc, Cisco Systems, Inc, and iShares MSCI Emerging Markets 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 Ford Motor Co. (F) traded higher by 0.04% or $0.01/share to $13.32. In the past year, the shares have traded as low as $10.83 and as high as $18.96. On average, 61895830 shares of F exchange hands on a given day and today's volume is recorded at 12949860. 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 $14.21 area but be careful because the stock may face selling pressure at this level.
Shares of Alcoa, Inc. (AA) traded higher by 0.25% or $0.04/share to $15.95. In the past year, the shares have traded as low as $9.86 and as high as $18.44. On average, 24334450 shares of AA exchange hands on a given day and today's volume is recorded at 12418412. 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 $16.15 represents resistance and the 200-day moving average of $15.44 would be an area of support.
Shares of SIRIUS XM Radio Inc. (SIRI) fell by 1.36% or $-0.03/share to $2.18. In the past year, the shares have traded as low as $0.91 and as high as $2.44. On average, 86109170 shares of SIRI exchange hands on a given day and today's volume is recorded at 11692135. 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 $2.14 area where the stock will likely see buying pressure.
Shares of Cisco Systems, Inc. (CSCO) traded higher by 1.04% or $0.16/share to $15.59. In the past year, the shares have traded as low as $14.72 and as high as $25.81. On average, 73274500 shares of CSCO exchange hands on a given day and today's volume is recorded at 11342203. 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 $16.06 area but be careful because the stock may face selling pressure at this level.
Shares of iShares MSCI Emerging Markets Index (EEM) fell by 0.49% or $-0.23/share to $46.36. In the past year, the shares have traded as low as $37.88 and as high as $49.92. On average, 55241480 shares of EEM exchange hands on a given day and today's volume is recorded at 11146381. 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 $46.38 area where the stock may encounter resistance.
