The following stocks were detected to be trading among the most active on August 25: SPDR Gold Shares, General Electric Co, Wells Fargo & Company, Ford Motor Co, 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 SPDR Gold Shares (GLD) fell by 1.35% or $-2.32/share to $169.34. In the past year, the shares have traded as low as $120.42 and as high as $184.83. On average, 20048530 shares of GLD exchange hands on a given day and today's volume is recorded at 19779722. 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 $158.41 area where the stock will likely see buying pressure.
Shares of General Electric Co. (GE) fell by 1.53% or $-0.24/share to $15.48. In the past year, the shares have traded as low as $13.83 and as high as $21.33. On average, 65199960 shares of GE exchange hands on a given day and today's volume is recorded at 19753060. 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 $17.69 area but be careful because the stock may face selling pressure at this level.
Shares of Wells Fargo & Company (WFC) traded higher by 1.8% or $0.44/share to $24.87. In the past year, the shares have traded as low as $22.58 and as high as $33.96. On average, 41334830 shares of WFC exchange hands on a given day and today's volume is recorded at 19327616. 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 $26.66 area but be careful because the stock may face selling pressure at this level.
Shares of Ford Motor Co. (F) fell by 0.77% or $-0.08/share to $10.37. In the past year, the shares have traded as low as $9.81 and as high as $18.97. On average, 74007860 shares of F exchange hands on a given day and today's volume is recorded at 17967106. 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 $12.39 area but be careful because the stock may face selling pressure at this level.
Shares of iShares MSCI Emerging Markets Index (EEM) fell by 2.04% or $-0.83/share to $39.8. In the past year, the shares have traded as low as $38.60 and as high as $49.92. On average, 61141210 shares of EEM exchange hands on a given day and today's volume is recorded at 16569755. 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 $44.99 area but be careful because the stock may face selling pressure at this level.
