The following stocks were detected to be trading among the most active on October 25: Ford Motor Co, PowerShares QQQ, General Electric Co, Netflix, Inc, and Direxion Daily Financial Bull 3X Shares. 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) fell by 0.92% or $-0.12/share to $12.4. In the past year, the shares have traded as low as $9.05 and as high as $18.98. On average, 74887670 shares of F exchange hands on a given day and today's volume is recorded at 21069476. The shares are currently trading below the 200-day moving average but above the 50-day moving average. The stock may be range bound between these two levels where the 200-day moving average of $13.65 represents resistance and the 50-day moving average of $10.66 would be an area of support.
Shares of PowerShares QQQ (QQQ) fell by 0.75% or $-0.44/share to $58.05. In the past year, the shares have traded as low as $49.84 and as high as $59.72. On average, 88532820 shares of QQQ exchange hands on a given day and today's volume is recorded at 19916836. 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 $56.16 area.
Shares of General Electric Co. (GE) fell by 1.88% or $-0.31/share to $16.14. In the past year, the shares have traded as low as $14.02 and as high as $21.13. On average, 80632520 shares of GE exchange hands on a given day and today's volume is recorded at 18061844. The shares are currently trading below the 200-day moving average but above the 50-day moving average. The stock may be range bound between these two levels where the 200-day moving average of $18.25 represents resistance and the 50-day moving average of $15.72 would be an area of support.
Shares of Netflix, Inc. (NFLX) fell by 36.38% or $-43.24/share to $75.61. In the past year, the shares have traded as low as $103.12 and as high as $304.76. On average, 7941380 shares of NFLX exchange hands on a given day and today's volume is recorded at 17892504. 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 $165.56 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 5.15% or $-0.75/share to $13.82. In the past year, the shares have traded as low as $8.43 and as high as $34.29. On average, 64409700 shares of FAS exchange hands on a given day and today's volume is recorded at 17368888. The shares are currently trading below the 200-day moving average but above the 50-day moving average. The stock may be range bound between these two levels where the 200-day moving average of $23.86 represents resistance and the 50-day moving average of $12.63 would be an area of support.
