The following stocks were detected to be trading among the most active on September 30: General Electric Co, Ford Motor Co, Morgan Stanley, Microsoft Corporation, and Intel Corporation. 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 General Electric Co. (GE) fell by 2.52% or $-0.40/share to $15.46. In the past year, the shares have traded as low as $14.58 and as high as $21.13. On average, 76526180 shares of GE exchange hands on a given day and today's volume is recorded at 20038650. 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 $16.11 area but be careful because the stock may face selling pressure at this level.
Shares of Ford Motor Co. (F) fell by 0.7% or $-0.07/share to $9.93. In the past year, the shares have traded as low as $9.32 and as high as $18.97. On average, 70046280 shares of F exchange hands on a given day and today's volume is recorded at 17022524. 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 $10.87 area but be careful because the stock may face selling pressure at this level.
Shares of Morgan Stanley (MS) fell by 6.49% or $-0.98/share to $14.11. In the past year, the shares have traded as low as $12.49 and as high as $30.91. On average, 27070160 shares of MS exchange hands on a given day and today's volume is recorded at 15723846. 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 $17.50 area but be careful because the stock may face selling pressure at this level.
Shares of Microsoft Corporation (MSFT) fell by 0.79% or $-0.20/share to $25.25. In the past year, the shares have traded as low as $23.19 and as high as $28.91. On average, 66516440 shares of MSFT exchange hands on a given day and today's volume is recorded at 15714467. 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 $25.89 area but be careful because the stock may face selling pressure at this level.
Shares of Intel Corporation (INTC) fell by 2.21% or $-0.49/share to $21.72. In the past year, the shares have traded as low as $18.14 and as high as $23.73. On average, 59747870 shares of INTC exchange hands on a given day and today's volume is recorded at 15126332. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $21.14 area.
