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Friday, September 14, 2012

Active Stocks: (EWJ), (C), (FB), (AIG), (SIRI)

The following stocks were detected to be trading among the most active on September 14: iShares MSCI Japan Index, Citigroup, Inc, Facebook, Inc, American International Group, Inc, and SIRIUS XM Radio Inc. 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 Japan Index (EWJ) traded higher by 1.39% or $0.13/share to $9.49. In the past year, the shares have traded as low as $8.56 and as high as $10.11. On average, 11995060 shares of EWJ exchange hands on a given day and today's volume is recorded at 28349186. 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 $9.30 area.

Shares of Citigroup, Inc. (C) traded higher by 1.61% or $0.55/share to $35.0. In the past year, the shares have traded as low as $21.37 and as high as $38.36. On average, 35281670 shares of C exchange hands on a given day and today's volume is recorded at 24542644. 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 $30.12 area.

Shares of Facebook, Inc. (FB) traded higher by 4.25% or $0.88/share to $21.59. In the past year, the shares have traded as low as $17.55 and as high as $45.00. On average, 38834030 shares of FB exchange hands on a given day and today's volume is recorded at 23426760. 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 $23.22 area but be careful because the stock may face selling pressure at this level.

Shares of American International Group, Inc. (AIG) traded higher by 2.24% or $0.77/share to $35.21. In the past year, the shares have traded as low as $19.18 and as high as $35.36. On average, 19159540 shares of AIG exchange hands on a given day and today's volume is recorded at 17590166. 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 $32.64 area where the stock will likely see buying pressure.

Shares of SIRIUS XM Radio Inc. (SIRI) traded higher by 1.21% or $0.03/share to $2.51. In the past year, the shares have traded as low as $1.27 and as high as $2.64. On average, 54462260 shares of SIRI exchange hands on a given day and today's volume is recorded at 17519312. 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 $2.32 area where the stock will likely see buying pressure.