Navigate this market better. Subscribe for FREE stock alerts and information.

Thursday, October 13, 2011

Trading Actively Today: (F), (INTC), (ALU), (MSFT), (SIRI)

The following stocks were detected to be trading among the most active on October 13: Ford Motor Co, Intel Corporation, Alcatel-Lucent, Microsoft Corporation, and SIRIUS XM Radio Inc. 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 2.81% or $-0.32/share to $11.06. In the past year, the shares have traded as low as $9.05 and as high as $18.97. On average, 72320450 shares of F exchange hands on a given day and today's volume is recorded at 19418814. 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 $13.86 represents resistance and the 50-day moving average of $10.50 would be an area of support.

Shares of Intel Corporation (INTC) traded higher by 0.04% or $0.01/share to $23.13. In the past year, the shares have traded as low as $18.27 and as high as $23.73. On average, 62452460 shares of INTC exchange hands on a given day and today's volume is recorded at 15974514. 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 $21.21 area.

Shares of Alcatel-Lucent (ALU) traded higher by 2.8% or $0.08/share to $2.94. In the past year, the shares have traded as low as $2.25 and as high as $6.63. On average, 30068620 shares of ALU exchange hands on a given day and today's volume is recorded at 15306252. 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 $3.21 area but be careful because the stock may face selling pressure at this level.

Shares of Microsoft Corporation (MSFT) fell by 0.11% or $-0.03/share to $26.93. In the past year, the shares have traded as low as $23.50 and as high as $28.91. On average, 67701750 shares of MSFT exchange hands on a given day and today's volume is recorded at 14909187. 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.

Shares of SIRIUS XM Radio Inc. (SIRI) remained unchanged at $1.71. In the past year, the shares have traded as low as $1.24 and as high as $2.44. On average, 89707790 shares of SIRI exchange hands on a given day and today's volume is recorded at 14694232. 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 $1.73 area but be careful because the stock may face selling pressure at this level.