The following stocks were detected to be trading among the most active on September 14: iShares MSCI EAFE Index, iShares Russell 2000 Index, Alpha Natural Resources, Inc, PowerShares QQQ, and Pfizer 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 EAFE Index (EFA) traded higher by 1.59% or $0.87/share to $55.48. In the past year, the shares have traded as low as $43.89 and as high as $54.86. On average, 18682670 shares of EFA exchange hands on a given day and today's volume is recorded at 16247453. 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 $50.96 area where the stock will likely see buying pressure.
Shares of iShares Russell 2000 Index (IWM) traded higher by 1.27% or $1.09/share to $86.69. In the past year, the shares have traded as low as $59.32 and as high as $86.15. On average, 42600620 shares of IWM exchange hands on a given day and today's volume is recorded at 15855608. 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 $80.37 area where the stock will likely see buying pressure.
Shares of Alpha Natural Resources, Inc. (ANR) traded higher by 8.02% or $0.66/share to $8.89. In the past year, the shares have traded as low as $5.28 and as high as $30.66. On average, 17985930 shares of ANR exchange hands on a given day and today's volume is recorded at 15393586. 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 $14.11 represents resistance and the 50-day moving average of $6.85 would be an area of support.
Shares of PowerShares QQQ (QQQ) traded higher by 1.09% or $0.76/share to $70.32. In the past year, the shares have traded as low as $49.71 and as high as $69.86. On average, 36101530 shares of QQQ exchange hands on a given day and today's volume is recorded at 15055797. 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 $66.21 area where the stock will likely see buying pressure.
Shares of Pfizer Inc. (PFE) fell by 1.48% or $-0.36/share to $23.89. In the past year, the shares have traded as low as $16.39 and as high as $24.38. On average, 30678360 shares of PFE exchange hands on a given day and today's volume is recorded at 15017146. 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 $23.60 area where the stock will likely see buying pressure.
