The following stocks were detected to be trading among the most active on November 22: Nokia Corporation, Pfizer Inc, Microsoft Corporation, iShares MSCI Emerging Markets Index, and Alcatel-Lucent, S.A. 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 Nokia Corporation (NOK) fell by 5.65% or $-0.34/share to $5.68. In the past year, the shares have traded as low as $4.82 and as high as $11.06. On average, 27897650 shares of NOK exchange hands on a given day and today's volume is recorded at 14079931. 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 $6.21 area but be careful because the stock may face selling pressure at this level.
Shares of Pfizer Inc. (PFE) fell by 0.21% or $-0.04/share to $18.92. In the past year, the shares have traded as low as $15.59 and as high as $21.00. On average, 47178080 shares of PFE exchange hands on a given day and today's volume is recorded at 14019100. 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 $19.15 represents resistance and the 50-day moving average of $18.67 would be an area of support.
Shares of Microsoft Corporation (MSFT) fell by 0.9% or $-0.22/share to $24.77. In the past year, the shares have traded as low as $23.32 and as high as $28.69. On average, 56709880 shares of MSFT exchange hands on a given day and today's volume is recorded at 13421778. The shares are currently trading below the 200-day moving average which indicates that the shares have been suffering from downward momentum lately. The stock may bounce higher to test the 200-day moving average, so look for a move up to the $25.49 area where the stock may encounter resistance.
Shares of iShares MSCI Emerging Markets Index (EEM) fell by 0.16% or $-0.06/share to $37.24. In the past year, the shares have traded as low as $33.42 and as high as $49.93. On average, 75018350 shares of EEM exchange hands on a given day and today's volume is recorded at 13275707. 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 $38.85 area but be careful because the stock may face selling pressure at this level.
Shares of Alcatel-Lucent, S.A. (ALU) fell by 12.63% or $-0.24/share to $1.63. In the past year, the shares have traded as low as $1.79 and as high as $6.65. On average, 24878800 shares of ALU exchange hands on a given day and today's volume is recorded at 13255312. 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 $2.65 area but be careful because the stock may face selling pressure at this level.
