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Tuesday, March 27, 2012

Most popular stock searches for March 27 - (NYSE: MMR), (NASDAQ: AFFY), (NYSE: TOT), (NASDAQ: SCMF), (NASDAQ: OPXT)

The most popular stocks searched on Google Finance for March 27 are Mcmoran Exploration Co, Affymax, Inc, TOTAL S.A. (ADR), Southern Community Financial Corp, and Opnext, 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.

Mcmoran Exploration Co (NYSE: MMR): fell by 8.98% or $-1.09/share to $11.05. In the past year, the shares have traded as low as $8.25 and as high as $19.26. On average, 2355750 shares of MMR exchange hands on a given day and today's volume is recorded at 16502466. 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 $13.13 area where the stock may encounter resistance.

Affymax, Inc. (NASDAQ: AFFY): traded higher by 4.37% or $0.6/share to $14.33. In the past year, the shares have traded as low as $3.93 and as high as $14.15. On average, 1189270 shares of AFFY exchange hands on a given day and today's volume is recorded at 3946886. 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 $11.06 area where the stock will likely see buying pressure.

TOTAL S.A. (ADR) (NYSE: TOT): fell by 6.77% or $-3.7101/share to $51.08. In the past year, the shares have traded as low as $40.00 and as high as $64.44. On average, 2667630 shares of TOT exchange hands on a given day and today's volume is recorded at 22605044. 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 $55.11 represents resistance and the 200-day moving average of $51.02 would be an area of support.

Southern Community Financial Corp. (NASDAQ: SCMF): traded higher by 35.07% or $0.688/share to $2.65. In the past year, the shares have traded as low as $1.00 and as high as $2.27. On average, 18976 shares of SCMF exchange hands on a given day and today's volume is recorded at 309313. 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 $1.77 area where the stock will likely see buying pressure.

Opnext, Inc. (NASDAQ: OPXT): traded higher by 47.79% or $0.54/share to $1.67. In the past year, the shares have traded as low as $0.78 and as high as $3.05. On average, 368427 shares of OPXT exchange hands on a given day and today's volume is recorded at 9463838. 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 $1.10 area where the stock will likely see buying pressure.