The following stocks were detected to be trading among the most active on August 22: iShares Russell 2000 Index, SIRIUS XM Radio Inc, Cisco Systems, Inc, Ford Motor Co, and General Electric Co. 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 iShares Russell 2000 Index (IWM) fell by 1.76% or $-1.17/share to $65.28. In the past year, the shares have traded as low as $58.09 and as high as $86.54. On average, 78046590 shares of IWM exchange hands on a given day and today's volume is recorded at 99196100. 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 $78.55 area but be careful because the stock may face selling pressure at this level.
Shares of SIRIUS XM Radio Inc. (SIRI) fell by 0.56% or $-0.01/share to $1.77. In the past year, the shares have traded as low as $0.95 and as high as $2.44. On average, 91802900 shares of SIRI exchange hands on a given day and today's volume is recorded at 94166700. 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 $1.82 area where the stock may encounter resistance.
Shares of Cisco Systems, Inc. (CSCO) traded higher by 0.47% or $0.07/share to $15.08. In the past year, the shares have traded as low as $13.30 and as high as $24.42. On average, 75058070 shares of CSCO exchange hands on a given day and today's volume is recorded at 90571300. 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 $15.43 area but be careful because the stock may face selling pressure at this level.
Shares of Ford Motor Co. (F) fell by 3.76% or $-0.39/share to $9.99. In the past year, the shares have traded as low as $9.87 and as high as $18.97. On average, 73369690 shares of F exchange hands on a given day and today's volume is recorded at 87160900. 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 $12.65 area but be careful because the stock may face selling pressure at this level.
Shares of General Electric Co. (GE) fell by 1.63% or $-0.25/share to $15.09. In the past year, the shares have traded as low as $13.83 and as high as $21.33. On average, 64033190 shares of GE exchange hands on a given day and today's volume is recorded at 79700900. 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 $17.92 area but be careful because the stock may face selling pressure at this level.
