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Thursday, September 8, 2011

High Activity Detected: (MSFT), (SIRI), (ORCL), (F), (EEM)

The following stocks were detected to be trading among the most active on September 8: Microsoft Corporation, SIRIUS XM Radio Inc, Oracle Corp, 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 Microsoft Corporation (MSFT) traded higher by 2.31% or $0.60/share to $26.6. In the past year, the shares have traded as low as $23.15 and as high as $28.91. On average, 65555800 shares of MSFT exchange hands on a given day and today's volume is recorded at 15854336. 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 $25.97 area where the stock will likely see buying pressure.

Shares of SIRIUS XM Radio Inc. (SIRI) remained unchanged at $1.8. In the past year, the shares have traded as low as $1.01 and as high as $2.44. On average, 87127530 shares of SIRI exchange hands on a given day and today's volume is recorded at 14602247. 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 $1.84 area where the stock may encounter resistance.

Shares of Oracle Corp. (ORCL) fell by 2.1% or $-0.58/share to $27.05. In the past year, the shares have traded as low as $23.71 and as high as $36.44. On average, 36643760 shares of ORCL exchange hands on a given day and today's volume is recorded at 12837831. 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 $29.66 area but be careful because the stock may face selling pressure at this level.

Shares of Ford Motor Co. (F) remained unchanged at $10.56. In the past year, the shares have traded as low as $9.81 and as high as $18.97. On average, 73040040 shares of F exchange hands on a given day and today's volume is recorded at 11732186. 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 $11.93 area but be careful because the stock may face selling pressure at this level.

Shares of iShares MSCI Emerging Markets Index (EEM) fell by 1.04% or $-0.44/share to $41.91. In the past year, the shares have traded as low as $38.71 and as high as $49.93. On average, 63196330 shares of EEM exchange hands on a given day and today's volume is recorded at 12846503. 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 $44.26 area but be careful because the stock may face selling pressure at this level.