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Friday, June 21, 2013

Most popular stock searches for June 21 - (NASDAQ: ORCL), (AMEX: ORC), (OTHER OTC: ORAC), (NASDAQ: IDIX), (NYSE: KMX)

The most popular stocks searched on Google Finance for June 21 are Oracle Corporation, Orchid Island Capital Inc, Oraco Resources Inc, Idenix Pharmaceuticals Inc, and CarMax, 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.

Oracle Corporation (NASDAQ: ORCL): fell by 8.49% or $-2.82/share to $30.39. In the past year, the shares have traded as low as $26.69 and as high as $36.43. On average, 26128000 shares of ORCL exchange hands on a given day and today's volume is recorded at 67036324. 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 $33.85 area but be careful because the stock may face selling pressure at this level.

Orchid Island Capital Inc (AMEX: ORC): fell by 0.13% or $-0.015/share to $11.50. In the past year, the shares have traded as low as $11.50 and as high as $15.40. On average, 14308 shares of ORC exchange hands on a given day and today's volume is recorded at 2380. 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 $12.82 area but be careful because the stock may face selling pressure at this level.

Oraco Resources Inc (OTHER OTC: ORAC): remained unchanged at $0.45. In the past year, the shares have traded as low as $0.15 and as high as $5.58. On average, 13879 shares of ORAC exchange hands on a given day and today's volume is recorded at 14447. 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 $2.51 represents resistance and the 50-day moving average of $0.34 would be an area of support.

Idenix Pharmaceuticals Inc (NASDAQ: IDIX): fell by 28.85% or $-1.48/share to $3.65. In the past year, the shares have traded as low as $3.21 and as high as $11.30. On average, 1052550 shares of IDIX exchange hands on a given day and today's volume is recorded at 3440193. 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 $4.07 area but be careful because the stock may face selling pressure at this level.

CarMax, Inc (NYSE: KMX): fell by 0.83% or $-0.37/share to $44.20. In the past year, the shares have traded as low as $24.83 and as high as $48.86. On average, 1635360 shares of KMX exchange hands on a given day and today's volume is recorded at 2838596. 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 $44.76 area where the stock may encounter resistance.