The following stocks were detected to be trading among the most active on November 25: Vale S.A, Ford Motor Co, General Electric Company, Cisco Systems, Inc, and ProShares UltraShort S&P500. 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 Vale S.A. (VALE) fell by 2.6% or $-0.59/share to $22.07. In the past year, the shares have traded as low as $20.66 and as high as $35.20. On average, 19623880 shares of VALE exchange hands on a given day and today's volume is recorded at 9385573. 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 $24.44 area but be careful because the stock may face selling pressure at this level.
Shares of Ford Motor Co. (F) traded higher by 0.61% or $0.06/share to $9.89. In the past year, the shares have traded as low as $9.05 and as high as $18.97. On average, 63106880 shares of F exchange hands on a given day and today's volume is recorded at 9602654. 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 $10.89 area but be careful because the stock may face selling pressure at this level.
Shares of General Electric Company (GE) traded higher by 1.47% or $0.22/share to $14.95. In the past year, the shares have traded as low as $14.02 and as high as $21.13. On average, 69866690 shares of GE exchange hands on a given day and today's volume is recorded at 9563277. 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 $15.99 area but be careful because the stock may face selling pressure at this level.
Shares of Cisco Systems, Inc. (CSCO) traded higher by 2.15% or $0.37/share to $17.78. In the past year, the shares have traded as low as $13.24 and as high as $22.08. On average, 59053020 shares of CSCO exchange hands on a given day and today's volume is recorded at 9199101. 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 $17.26 area where the stock will likely see buying pressure.
Shares of ProShares UltraShort S&P500 (SDS) fell by 1.7% or $-0.39/share to $22.72. In the past year, the shares have traded as low as $19.03 and as high as $28.73. On average, 44852290 shares of SDS exchange hands on a given day and today's volume is recorded at 8384586. 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 $22.13 area where the stock will likely see buying pressure.
