The following stocks were detected to be trading among the most active on February 29: iShares MSCI Emerging Markets Index, Ford Motor Co, PowerShares QQQ, iShares Russell 2000 Index, and Microsoft 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 iShares MSCI Emerging Markets Index (EEM) traded higher by 0.29% or $0.13/share to $44.49. In the past year, the shares have traded as low as $33.10 and as high as $49.45. On average, 54660770 shares of EEM exchange hands on a given day and today's volume is recorded at 27940160. 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 $41.62 area.
Shares of Ford Motor Co. (F) traded higher by 1.18% or $0.14/share to $12.4. In the past year, the shares have traded as low as $9.02 and as high as $16.12. On average, 51788200 shares of F exchange hands on a given day and today's volume is recorded at 23877288. 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 $11.93 area where the stock will likely see buying pressure.
Shares of PowerShares QQQ (QQQ) fell by 0.11% or $-0.07/share to $64.63. In the past year, the shares have traded as low as $49.65 and as high as $64.70. On average, 46951740 shares of QQQ exchange hands on a given day and today's volume is recorded at 21323032. 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 $59.69 area where the stock will likely see buying pressure.
Shares of iShares Russell 2000 Index (IWM) fell by 0.8% or $-0.66/share to $81.62. In the past year, the shares have traded as low as $59.80 and as high as $85.79. On average, 49951900 shares of IWM exchange hands on a given day and today's volume is recorded at 20657848. 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 $78.24 area where the stock will likely see buying pressure.
Shares of Microsoft Corporation (MSFT) fell by 0.26% or $-0.08/share to $31.79. In the past year, the shares have traded as low as $23.18 and as high as $31.93. On average, 54988540 shares of MSFT exchange hands on a given day and today's volume is recorded at 18775738. 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 $28.65 area where the stock will likely see buying pressure.
