Verizon Communications Inc. (NYSE: VZ): traded higher by 0.13% or $0.05/share to $37.15. In the past year, the shares have traded as low as $31.60 and as high as $38.95. On average, 19565700 shares of VZ exchange hands on a given day and today's volume is recorded at 10183244. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $36.4564 area.
McDonald's Corporation (NYSE: MCD): traded higher by 2.73% or $2.43/share to $91.44. In the past year, the shares have traded as low as $72.14 and as high as $91.22. On average, 7647470 shares of MCD exchange hands on a given day and today's volume is recorded at 7257445. 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 $88.18 area where the stock will likely see buying pressure.
Seagate Technology PLC (NASDAQ: STX): traded higher by 22.06% or $2.66/share to $14.72. In the past year, the shares have traded as low as $9.44 and as high as $18.35. On average, 10171300 shares of STX exchange hands on a given day and today's volume is recorded at 28858386. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $14.1979 area.
General Electric Company (NYSE: GE): fell by 2.13% or $-0.355/share to $16.28. In the past year, the shares have traded as low as $14.68 and as high as $21.65. On average, 79671296 shares of GE exchange hands on a given day and today's volume is recorded at 60380208. 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 $17.88 represents resistance and the 50-day moving average of $15.77 would be an area of support.
GNC Holdings Inc (NYSE: GNC): traded higher by 3.90% or $0.91/share to $24.27. In the past year, the shares have traded as low as $16.08 and as high as $26.48. On average, 643950 shares of GNC exchange hands on a given day and today's volume is recorded at 2163867. 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 $22.21 area where the stock will likely see buying pressure.
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