The following stocks were detected to be trading among the most active on August 26: Ford Motor Co, Micron Technology Inc, General Electric Co, Intel Corporation, and Cisco Systems, Inc. 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 1.07% or $0.11/share to $10.39. In the past year, the shares have traded as low as $9.81 and as high as $18.97. On average, 73323370 shares of F exchange hands on a given day and today's volume is recorded at 22252932. 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 $12.33 area but be careful because the stock may face selling pressure at this level.
Shares of Micron Technology Inc. (MU) traded higher by 6.64% or $0.36/share to $5.74. In the past year, the shares have traded as low as $5.18 and as high as $11.96. On average, 39678380 shares of MU exchange hands on a given day and today's volume is recorded at 21636872. 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 $7.06 area but be careful because the stock may face selling pressure at this level.
Shares of General Electric Co. (GE) fell by 0.29% or $-0.04/share to $15.4. In the past year, the shares have traded as low as $13.88 and as high as $21.32. On average, 65580679 shares of GE exchange hands on a given day and today's volume is recorded at 21464686. 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 $17.62 area but be careful because the stock may face selling pressure at this level.
Shares of Intel Corporation (INTC) traded higher by 2.04% or $0.40/share to $19.82. In the past year, the shares have traded as low as $17.02 and as high as $23.73. On average, 57246630 shares of INTC exchange hands on a given day and today's volume is recorded at 20817604. 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 $21.13 area where the stock may encounter resistance.
Shares of Cisco Systems, Inc. (CSCO) traded higher by 2.35% or $0.35/share to $15.44. In the past year, the shares have traded as low as $13.30 and as high as $24.43. On average, 75352700 shares of CSCO exchange hands on a given day and today's volume is recorded at 20765380. 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 $15.45 area but be careful because the stock may face selling pressure at this level.
