The following stocks were detected to be trading among the most active on September 17: iShares MSCI Emerging Markets Index, General Electric Company, Ford Motor Co, Sprint Nextel Corp, and Citigroup, 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 Emerging Markets Index (EEM) fell by 0.64% or $-0.27/share to $42.1. In the past year, the shares have traded as low as $32.71 and as high as $44.38. On average, 42667410 shares of EEM exchange hands on a given day and today's volume is recorded at 14517594. 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 $40.08 area.
Shares of General Electric Company (GE) fell by 0.5% or $-0.11/share to $22.0. In the past year, the shares have traded as low as $13.64 and as high as $22.37. On average, 44025860 shares of GE exchange hands on a given day and today's volume is recorded at 11131063. 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 $20.68 area where the stock will likely see buying pressure.
Shares of Ford Motor Co. (F) fell by 1.76% or $-0.19/share to $10.35. In the past year, the shares have traded as low as $8.79 and as high as $12.91. On average, 38498820 shares of F exchange hands on a given day and today's volume is recorded at 10082402. 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 $10.87 represents resistance and the 50-day moving average of $9.42 would be an area of support.
Shares of Sprint Nextel Corp. (S) fell by 0.48% or $-0.03/share to $5.24. In the past year, the shares have traded as low as $2.10 and as high as $5.49. On average, 63484430 shares of S exchange hands on a given day and today's volume is recorded at 9562298. 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 $4.43 area where the stock will likely see buying pressure.
Shares of Citigroup, Inc. (C) fell by 1.18% or $-0.41/share to $34.38. In the past year, the shares have traded as low as $21.37 and as high as $38.37. On average, 35500850 shares of C exchange hands on a given day and today's volume is recorded at 9661377. 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 $30.17 area.
