Mid Day Update on Most Active Stocks For: (NASDAQ:SIRI), (NASDAQ:WIN)


New York, NY -- (ReleaseWire) -- 11/08/2012 --Sirius XM Radio (NASDAQ:SIRI) is continuing its downward slide. The stock is down 1.82% to $2.69 in mid-day trading today. Volume is nearly a third of the daily average volume of 82.06 million. SIRI has now fallen more than 4% in the last three trading sessions.

SIRI has fallen below $2.70, which has been a strong support level for the stock. The next support level is at $2.65. If the stock falls below this level then the downward slide is likely to continue.

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Windstream Corporation (NASDAQ:WIN) is down sharply in mid-day trading today. At last check, WIN was trading 8.17% lower at $8.65 on volume of 20.05 million, which is more than three times the daily average volume of 6.56 million. The stock also hit a 52-week low of $8.51 today.

WIN has slipped after the company released its quarterly results. However, the slide may continue as the technical indicators for WIN are giving strong bearish signals. The stock is well below its 50-day and 200-daya moving averages. The MACD histogram is also indicating increasing downward momentum.

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