The following stocks were detected to be trading among the most active on July 19: iShares MSCI Emerging Markets Index, iShares Russell 2000 Index, Intel Corporation, Microsoft Corporation, and General Electric Company. 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 0.9% or $0.35/share to $39.16. In the past year, the shares have traded as low as $32.71 and as high as $46.97. On average, 51333820 shares of EEM exchange hands on a given day and today's volume is recorded at 25252488. The shares are currently trading below the 200-day moving average but above the 50-day moving average. The stock may be range bound between these two levels where the 200-day moving average of $39.74 represents resistance and the 50-day moving average of $38.06 would be an area of support.
Shares of iShares Russell 2000 Index (IWM) traded higher by 0.14% or $0.11/share to $80.33. In the past year, the shares have traded as low as $59.32 and as high as $84.25. On average, 52568070 shares of IWM exchange hands on a given day and today's volume is recorded at 23650140. 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 $77.31 area where the stock will likely see buying pressure.
Shares of Intel Corporation (INTC) fell by 0.72% or $-0.19/share to $26.02. In the past year, the shares have traded as low as $18.70 and as high as $29.27. On average, 38364770 shares of INTC exchange hands on a given day and today's volume is recorded at 23054040. 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 $26.27 represents resistance and the 200-day moving average of $25.66 would be an area of support.
Shares of Microsoft Corporation (MSFT) traded higher by 0.83% or $0.25/share to $30.7. In the past year, the shares have traded as low as $23.30 and as high as $32.73. On average, 45411680 shares of MSFT exchange hands on a given day and today's volume is recorded at 22249022. 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 $29.77 area where the stock will likely see buying pressure.
Shares of General Electric Company (GE) fell by 0.55% or $-0.11/share to $19.73. In the past year, the shares have traded as low as $13.64 and as high as $20.84. On average, 49237510 shares of GE exchange hands on a given day and today's volume is recorded at 19300764. 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 $19.34 area where the stock will likely see buying pressure.
