The following stocks were detected to be trading among the most active on March 26: Intel Corporation, Micron Technology Inc, PowerShares QQQ, Citigroup, Inc, 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 Intel Corporation (INTC) traded higher by 1.11% or $0.31/share to $28.19. In the past year, the shares have traded as low as $18.70 and as high as $27.99. On average, 41743230 shares of INTC exchange hands on a given day and today's volume is recorded at 13355754. 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 $26.75 area where the stock will likely see buying pressure.
Shares of Micron Technology Inc. (MU) fell by 1.96% or $-0.16/share to $8.23. In the past year, the shares have traded as low as $3.97 and as high as $11.88. On average, 30585250 shares of MU exchange hands on a given day and today's volume is recorded at 12750897. 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 $8.10 area where the stock will likely see buying pressure.
Shares of PowerShares QQQ (QQQ) traded higher by 0.95% or $0.64/share to $67.57. In the past year, the shares have traded as low as $49.56 and as high as $67.48. On average, 46081960 shares of QQQ exchange hands on a given day and today's volume is recorded at 12512929. 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 $62.97 area where the stock will likely see buying pressure.
Shares of Citigroup, Inc. (C) traded higher by 0.66% or $0.25/share to $37.38. In the past year, the shares have traded as low as $21.39 and as high as $46.85. On average, 48516360 shares of C exchange hands on a given day and today's volume is recorded at 12542725. 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 $32.98 area where the stock will likely see buying pressure.
Shares of Microsoft Corporation (MSFT) traded higher by 1.27% or $0.41/share to $32.42. In the past year, the shares have traded as low as $23.18 and as high as $32.95. On average, 52451040 shares of MSFT exchange hands on a given day and today's volume is recorded at 11281173. 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 $30.72 area where the stock will likely see buying pressure.
