The following stocks were detected to be trading among the most active on April 30: Barnes & Noble, Inc, iShares Russell 2000 Index, SIRIUS XM Radio Inc, iShares MSCI Emerging Markets Index, and Ford Motor Co. 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 Barnes & Noble, Inc. (BKS) traded higher by 62.13% or $8.50/share to $22.18. In the past year, the shares have traded as low as $9.35 and as high as $18.73. On average, 1297850 shares of BKS exchange hands on a given day and today's volume is recorded at 15774067. 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 $13.26 area.
Shares of iShares Russell 2000 Index (IWM) fell by 0.87% or $-0.72/share to $81.66. In the past year, the shares have traded as low as $59.62 and as high as $85.53. On average, 51973050 shares of IWM exchange hands on a given day and today's volume is recorded at 14379757. 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 $81.50 area where the stock will likely see buying pressure.
Shares of SIRIUS XM Radio Inc. (SIRI) traded higher by 2.26% or $0.05/share to $2.26. In the past year, the shares have traded as low as $1.27 and as high as $2.44. On average, 51781040 shares of SIRI exchange hands on a given day and today's volume is recorded at 14272950. 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 $2.24 area where the stock will likely see buying pressure.
Shares of iShares MSCI Emerging Markets Index (EEM) fell by 0.43% or $-0.18/share to $42.13. In the past year, the shares have traded as low as $33.10 and as high as $49.45. On average, 51085520 shares of EEM exchange hands on a given day and today's volume is recorded at 14033854. 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 $43.11 represents resistance and the 200-day moving average of $40.94 would be an area of support.
Shares of Ford Motor Co. (F) fell by 2.51% or $-0.29/share to $11.31. In the past year, the shares have traded as low as $9.02 and as high as $15.64. On average, 45240990 shares of F exchange hands on a given day and today's volume is recorded at 12453853. The shares are currently trading below the 200-day moving average which indicates that the shares have been suffering from downward momentum lately. The stock may bounce higher to test the 200-day moving average, so look for a move up to the $11.48 area where the stock may encounter resistance.
