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Thursday, July 18, 2013

Highly Active Financial Stocks (BAC) (C) (AIG) (JPM) (WFC)

Bank of America Corp (NYSE: BAC): traded higher by 3.56% or $0.51/share to $14.82. In the past year, the shares have traded as low as $6.90 and as high as $14.44. On average, 125557000 shares of BAC exchange hands on a given day and today's volume is recorded at 154318704. 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 $13.24 area where the stock will likely see buying pressure.

Citigroup Inc (NYSE: C): traded higher by 1.54% or $0.795/share to $52.58. In the past year, the shares have traded as low as $24.91 and as high as $53.56. On average, 30286500 shares of C exchange hands on a given day and today's volume is recorded at 23786932. 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 $49.78 area where the stock will likely see buying pressure.

American Intl. Group Inc (NYSE: AIG): traded higher by 0.23% or $0.11/share to $46.94. In the past year, the shares have traded as low as $29.90 and as high as $47.07. On average, 16829400 shares of AIG exchange hands on a given day and today's volume is recorded at 6075418. 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 $45.04 area where the stock will likely see buying pressure.

JPMorgan Chase & Co. (NYSE: JPM): traded higher by 2.08% or $1.1499/share to $56.42. In the past year, the shares have traded as low as $33.10 and as high as $55.90. On average, 22272700 shares of JPM exchange hands on a given day and today's volume is recorded at 15989753. 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 $53.76 area where the stock will likely see buying pressure.

Wells Fargo & Co (NYSE: WFC): traded higher by 1.84% or $0.8/share to $44.31. In the past year, the shares have traded as low as $31.25 and as high as $43.88. On average, 20862100 shares of WFC exchange hands on a given day and today's volume is recorded at 15002217. 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 $41.25 area where the stock will likely see buying pressure.