The most popular stocks searched on Google Finance for March 23 are KB Home, NCI Inc, Glu Mobile Inc, Gabelli Global Utility Common Shares of Beneficial Ownership, and Darden Restaurants, Inc. These companies may be the most popular because of upcoming earnings, breaking news, extreme price movements, or other attention grabbing activities. Pay attention to these companies as they may have some hype that can create volatility which is great for trading.
KB Home (NYSE: KBH): fell by 9.70% or $-1.09/share to $10.15. In the past year, the shares have traded as low as $5.02 and as high as $13.60. On average, 6439840 shares of KBH exchange hands on a given day and today's volume is recorded at 16637401. 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 $11.59 represents resistance and the 200-day moving average of $8.31 would be an area of support.
NCI Inc (NASDAQ: NCIT): traded higher by 2.24% or $0.15/share to $6.85. In the past year, the shares have traded as low as $6.63 and as high as $25.24. On average, 75716 shares of NCIT exchange hands on a given day and today's volume is recorded at 732732. 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 $7.23 area but be careful because the stock may face selling pressure at this level.
Glu Mobile Inc. (NASDAQ: GLUU): traded higher by 13.25% or $0.53/share to $4.53. In the past year, the shares have traded as low as $1.80 and as high as $6.10. On average, 1581990 shares of GLUU exchange hands on a given day and today's volume is recorded at 7562800. 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 $4.02 area where the stock will likely see buying pressure.
Gabelli Global Utility Common Shares of Beneficial Ownership (AMEX: GLU): fell by 0.70% or $-0.1457/share to $20.56. In the past year, the shares have traded as low as $16.29 and as high as $22.04. On average, 6693 shares of GLU exchange hands on a given day and today's volume is recorded at 3260. The shares are currently trading below the 200-day moving average which indicates that the shares have been suffering from downward momentum lately. The stock may bounce higher to test the 200-day moving average, so look for a move up to the $20.64 area where the stock may encounter resistance.
Darden Restaurants, Inc. (NYSE: DRI): fell by 2.18% or $-1.13/share to $50.70. In the past year, the shares have traded as low as $40.69 and as high as $53.81. On average, 1777960 shares of DRI exchange hands on a given day and today's volume is recorded at 2416866. 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 $50.46 area where the stock will likely see buying pressure.
