The following stocks were detected to be trading among the most active on September 12: PowerShares QQQ, Ford Motor Co, Direxion Daily Financial Bull 3X Shares, iShares MSCI Japan Index, and JPMorgan Chase & 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 PowerShares QQQ (QQQ) fell by 0.47% or $-0.25/share to $52.93. In the past year, the shares have traded as low as $45.88 and as high as $59.83. On average, 77399360 shares of QQQ exchange hands on a given day and today's volume is recorded at 19758632. 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 $55.52 area but be careful because the stock may face selling pressure at this level.
Shares of Ford Motor Co. (F) fell by 1.49% or $-0.15/share to $9.9. In the past year, the shares have traded as low as $9.81 and as high as $18.97. On average, 72765200 shares of F exchange hands on a given day and today's volume is recorded at 19588848. 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 $11.80 area but be careful because the stock may face selling pressure at this level.
Shares of Direxion Daily Financial Bull 3X Shares (FAS) fell by 3.8% or $-0.46/share to $11.63. In the past year, the shares have traded as low as $8.72 and as high as $34.29. On average, 41166730 shares of FAS exchange hands on a given day and today's volume is recorded at 18076724. 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 $18.97 area but be careful because the stock may face selling pressure at this level.
Shares of iShares MSCI Japan Index (EWJ) traded higher by 0.22% or $0.02/share to $9.25. In the past year, the shares have traded as low as $9.16 and as high as $11.53. On average, 29375550 shares of EWJ exchange hands on a given day and today's volume is recorded at 17970080. 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 $10.13 area but be careful because the stock may face selling pressure at this level.
Shares of JPMorgan Chase & Co. (JPM) fell by 1.4% or $-0.45/share to $31.63. In the past year, the shares have traded as low as $31.93 and as high as $47.81. On average, 41959320 shares of JPM exchange hands on a given day and today's volume is recorded at 17735188. 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 $38.01 area but be careful because the stock may face selling pressure at this level.
