The following stocks were detected to be trading among the most active on September 17: Vanguard MSCI Emerging Markets ETF, Microsoft Corporation, Alpha Natural Resources, Inc, Cisco Systems, Inc, and PowerShares QQQ. 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 Vanguard MSCI Emerging Markets ETF (VWO) fell by 0.44% or $-0.19/share to $43.03. In the past year, the shares have traded as low as $33.41 and as high as $45.27. On average, 21170880 shares of VWO exchange hands on a given day and today's volume is recorded at 8402885. 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 $40.91 area.
Shares of Microsoft Corporation (MSFT) fell by 0.27% or $-0.08/share to $31.13. In the past year, the shares have traded as low as $23.61 and as high as $32.52. On average, 37938270 shares of MSFT exchange hands on a given day and today's volume is recorded at 8675203. 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 $30.07 area where the stock will likely see buying pressure.
Shares of Alpha Natural Resources, Inc. (ANR) fell by 4.78% or $-0.41/share to $8.14. In the past year, the shares have traded as low as $5.28 and as high as $30.66. On average, 18354320 shares of ANR exchange hands on a given day and today's volume is recorded at 8316600. 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 $14.04 represents resistance and the 50-day moving average of $6.84 would be an area of support.
Shares of Cisco Systems, Inc. (CSCO) fell by 1.8% or $-0.35/share to $19.14. In the past year, the shares have traded as low as $14.73 and as high as $21.12. On average, 41781520 shares of CSCO exchange hands on a given day and today's volume is recorded at 8026936. 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 $18.42 area.
Shares of PowerShares QQQ (QQQ) fell by 0.03% or $-0.02/share to $70.16. In the past year, the shares have traded as low as $49.71 and as high as $70.43. On average, 35690970 shares of QQQ exchange hands on a given day and today's volume is recorded at 7660354. 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 $66.31 area where the stock will likely see buying pressure.
