The following stocks were detected to be trading among the most active on April 26: United States Natural Gas, Ford Motor Co, Citigroup, Inc, Wal-Mart Stores Inc, and iShares MSCI Emerging Markets Index. 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 United States Natural Gas (UNG) traded higher by 2.47% or $0.38/share to $15.97. In the past year, the shares have traded as low as $14.25 and as high as $50.57. On average, 8692470 shares of UNG exchange hands on a given day and today's volume is recorded at 11144312. 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 $17.82 area but be careful because the stock may face selling pressure at this level.
Shares of Ford Motor Co. (F) traded higher by 0.63% or $0.07/share to $11.8. In the past year, the shares have traded as low as $9.01 and as high as $16.11. On average, 46844440 shares of F exchange hands on a given day and today's volume is recorded at 10591744. The shares are currently trading below the 50-day moving average but above the 200-day moving average. The stock may be range bound between these two levels where the 50-day moving average of $12.30 represents resistance and the 200-day moving average of $11.49 would be an area of support.
Shares of Citigroup, Inc. (C) traded higher by 0.92% or $0.31/share to $33.99. In the past year, the shares have traded as low as $21.38 and as high as $45.95. On average, 43600040 shares of C exchange hands on a given day and today's volume is recorded at 10409283. The shares are currently trading below the 50-day moving average but above the 200-day moving average. The stock may be range bound between these two levels where the 50-day moving average of $34.61 represents resistance and the 200-day moving average of $30.99 would be an area of support.
Shares of Wal-Mart Stores Inc. (WMT) traded higher by 2.91% or $1.67/share to $59.03. In the past year, the shares have traded as low as $47.69 and as high as $62.49. On average, 9943540 shares of WMT exchange hands on a given day and today's volume is recorded at 10375270. The shares are currently trading below the 50-day moving average but above the 200-day moving average. The stock may be range bound between these two levels where the 50-day moving average of $60.20 represents resistance and the 200-day moving average of $56.52 would be an area of support.
Shares of iShares MSCI Emerging Markets Index (EEM) fell by 0.19% or $-0.08/share to $41.91. In the past year, the shares have traded as low as $33.10 and as high as $49.45. On average, 51827890 shares of EEM exchange hands on a given day and today's volume is recorded at 10172650. The shares are currently trading below the 50-day moving average but above the 200-day moving average. The stock may be range bound between these two levels where the 50-day moving average of $43.16 represents resistance and the 200-day moving average of $40.98 would be an area of support.
