The following stocks were detected to be trading among the most active on October 3: Vanguard MSCI Emerging Markets ETF, SIRIUS XM Radio Inc, General Electric Co, iShares Russell 2000 Index, and Intel 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 Vanguard MSCI Emerging Markets ETF (VWO) fell by 5.26% or $-1.99/share to $35.83. In the past year, the shares have traded as low as $35.68 and as high as $50.92. On average, 30123620 shares of VWO exchange hands on a given day and today's volume is recorded at 82505500. 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 $42.59 area but be careful because the stock may face selling pressure at this level.
Shares of SIRIUS XM Radio Inc. (SIRI) traded higher by 1.34% or $0.02/share to $1.51. In the past year, the shares have traded as low as $1.18 and as high as $2.44. On average, 87855040 shares of SIRI exchange hands on a given day and today's volume is recorded at 76102100. 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 $1.83 area but be careful because the stock may face selling pressure at this level.
Shares of General Electric Co. (GE) fell by 4.04% or $-0.64/share to $15.22. In the past year, the shares have traded as low as $14.58 and as high as $21.13. On average, 77006150 shares of GE exchange hands on a given day and today's volume is recorded at 75779600. 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 $16.11 area but be careful because the stock may face selling pressure at this level.
Shares of iShares Russell 2000 Index (IWM) fell by 3.06% or $-2.03/share to $64.3. In the past year, the shares have traded as low as $63.24 and as high as $86.22. On average, 84775580 shares of IWM exchange hands on a given day and today's volume is recorded at 72124900. 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 $70.93 area but be careful because the stock may face selling pressure at this level.
Shares of Intel Corporation (INTC) fell by 3.92% or $-0.87/share to $21.34. In the past year, the shares have traded as low as $18.14 and as high as $23.73. On average, 59912300 shares of INTC exchange hands on a given day and today's volume is recorded at 64453700. 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 $21.15 area.
