The following stocks were detected to be trading among the most active on September 6: iShares MSCI Emerging Markets Index, Ford Motor Co, iShares Russell 2000 Index, JPMorgan Chase & Co, and PowerShares QQQ. 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 MSCI Emerging Markets Index (EEM) fell by 2.57% or $-1.07/share to $40.49. In the past year, the shares have traded as low as $38.71 and as high as $49.93. On average, 62786500 shares of EEM exchange hands on a given day and today's volume is recorded at 28646816. 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 $44.43 area but be careful because the stock may face selling pressure at this level.
Shares of Ford Motor Co. (F) fell by 3.07% or $-0.32/share to $10.1. In the past year, the shares have traded as low as $9.81 and as high as $18.97. On average, 73055720 shares of F exchange hands on a given day and today's volume is recorded at 28497874. 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 $12.05 area but be careful because the stock may face selling pressure at this level.
Shares of iShares Russell 2000 Index (IWM) fell by 2.12% or $-1.45/share to $67.01. In the past year, the shares have traded as low as $62.16 and as high as $86.54. On average, 80027960 shares of IWM exchange hands on a given day and today's volume is recorded at 26420622. 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 $76.46 area but be careful because the stock may face selling pressure at this level.
Shares of JPMorgan Chase & Co. (JPM) fell by 4.27% or $-1.48/share to $33.15. In the past year, the shares have traded as low as $32.31 and as high as $47.81. On average, 40894990 shares of JPM exchange hands on a given day and today's volume is recorded at 23369914. 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 $38.50 area but be careful because the stock may face selling pressure at this level.
Shares of PowerShares QQQ (QQQ) fell by 1.84% or $-0.98/share to $52.3. In the past year, the shares have traded as low as $45.18 and as high as $59.83. On average, 76500440 shares of QQQ exchange hands on a given day and today's volume is recorded at 22281532. 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 $55.64 area but be careful because the stock may face selling pressure at this level.
