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Wednesday, March 28, 2012

Consumer Staple Stocks Trading Actively Today (KO) (PG) (PEP) (GMCR) (KFT)

The Coca-Cola Company (NYSE: KO): traded higher by 0.83% or $0.593/share to $72.46. In the past year, the shares have traded as low as $63.34 and as high as $71.98. On average, 7492530 shares of KO exchange hands on a given day and today's volume is recorded at 5552760. 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 $69.56 area where the stock will likely see buying pressure.

The Procter & Gamble Co. (NYSE: PG): fell by 0.06% or $-0.04/share to $67.11. In the past year, the shares have traded as low as $57.56 and as high as $67.95. On average, 11094000 shares of PG exchange hands on a given day and today's volume is recorded at 3412415. 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 $66.27 area where the stock will likely see buying pressure.

PepsiCo, Inc. (NYSE: PEP): fell by 0.41% or $-0.27/share to $65.74. In the past year, the shares have traded as low as $58.50 and as high as $71.89. On average, 7477480 shares of PEP exchange hands on a given day and today's volume is recorded at 2807898. 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 $63.92 area where the stock will likely see buying pressure.

Green Mountain Coffee (NASDAQ: GMCR): fell by 3.37% or $-1.75/share to $50.16. In the past year, the shares have traded as low as $39.42 and as high as $115.98. On average, 5738600 shares of GMCR exchange hands on a given day and today's volume is recorded at 2815839. 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 $61.31 area but be careful because the stock may face selling pressure at this level.

Kraft Foods Inc (NYSE: KFT): traded higher by 0.03% or $0.01/share to $38.08. In the past year, the shares have traded as low as $31.23 and as high as $39.06. On average, 7490280 shares of KFT exchange hands on a given day and today's volume is recorded at 3034599. 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 $38.25 represents resistance and the 200-day moving average of $36.54 would be an area of support.