The following stocks were detected to be trading among the most active on November 21: Citigroup, Inc, iShares Russell 2000 Index, Ford Motor Co, iShares MSCI Emerging Markets 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 Citigroup, Inc. (C) fell by 5.14% or $-1.35/share to $24.93. In the past year, the shares have traded as low as $21.39 and as high as $51.46. On average, 56104900 shares of C exchange hands on a given day and today's volume is recorded at 22495308. 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 $28.16 area but be careful because the stock may face selling pressure at this level.
Shares of iShares Russell 2000 Index (IWM) fell by 2.78% or $-2.00/share to $69.98. In the past year, the shares have traded as low as $60.09 and as high as $86.22. On average, 80250650 shares of IWM exchange hands on a given day and today's volume is recorded at 22229200. 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 $70.15 area but be careful because the stock may face selling pressure at this level.
Shares of Ford Motor Co. (F) fell by 2.29% or $-0.23/share to $9.87. In the past year, the shares have traded as low as $9.05 and as high as $18.97. On average, 64076480 shares of F exchange hands on a given day and today's volume is recorded at 21383668. 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 $10.91 area but be careful because the stock may face selling pressure at this level.
Shares of iShares MSCI Emerging Markets Index (EEM) fell by 3.84% or $-1.48/share to $37.06. In the past year, the shares have traded as low as $33.42 and as high as $49.93. On average, 75210850 shares of EEM exchange hands on a given day and today's volume is recorded at 21058298. 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 $38.90 area but be careful because the stock may face selling pressure at this level.
Shares of Intel Corporation (INTC) fell by 3.1% or $-0.75/share to $23.54. In the past year, the shares have traded as low as $18.86 and as high as $25.50. On average, 63506190 shares of INTC exchange hands on a given day and today's volume is recorded at 20455096. The shares are currently trading above the 50-day moving average which indicates that the shares have been experiencing strong upward momentum as the 50 DMA is above the 200 DMA. The stock may come back down to test the 50-day moving average, so look for a move back to the $23.01 area where the stock will likely see buying pressure.
