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Friday, October 14, 2011

Substantial Trading Activity: (F), (C), (CSCO), (INTC), (MSFT)

The following stocks were detected to be trading among the most active on October 14: Ford Motor Co, Citigroup, Inc, Cisco Systems, Inc, Intel Corporation, and Microsoft 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 Ford Motor Co. (F) traded higher by 1.5% or $0.17/share to $11.51. In the past year, the shares have traded as low as $9.05 and as high as $18.97. On average, 72562380 shares of F exchange hands on a given day and today's volume is recorded at 14775763. 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 $13.84 represents resistance and the 50-day moving average of $10.49 would be an area of support.

Shares of Citigroup, Inc. (C) fell by 0.54% or $-0.15/share to $27.49. In the past year, the shares have traded as low as $21.40 and as high as $51.47. On average, 53462620 shares of C exchange hands on a given day and today's volume is recorded at 13918372. 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 $28.03 area but be careful because the stock may face selling pressure at this level.

Shares of Cisco Systems, Inc. (CSCO) traded higher by 1.09% or $0.19/share to $17.61. In the past year, the shares have traded as low as $13.24 and as high as $24.33. On average, 72338840 shares of CSCO exchange hands on a given day and today's volume is recorded at 12627328. 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 $17.05 area.

Shares of Intel Corporation (INTC) fell by 0.49% or $-0.11/share to $23.27. In the past year, the shares have traded as low as $18.27 and as high as $23.72. On average, 62575890 shares of INTC exchange hands on a given day and today's volume is recorded at 11542547. 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 $21.22 area.

Shares of Microsoft Corporation (MSFT) traded higher by 0.77% or $0.21/share to $27.39. In the past year, the shares have traded as low as $23.50 and as high as $28.91. On average, 67747310 shares of MSFT exchange hands on a given day and today's volume is recorded at 10927326. 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 $25.83 area.