There are a few stocks that are down on high volume today:

  • Trading at a volume of eight million, or 1.9 its average daily volume, United Technologies (UTX) was down on high volume today. Shares were down 1.1% to $73.54. The stock has lost momentum over the last three months, losing $11.94 (-14%) from $85.48 on March 16, 2012. The stock is trading at 96.9% of its 50-day moving average and 93.8% of its 200-day moving average.

  • NIKE (NKE) saw its price drop on above-normal volume today, as 5.5 million shares have changed hands or 2.5 times its average daily volume. Closing at $102.22, shares were down 5%. The stock is down over the last three months, having fallen $9 (-8.1%) from $111.22 on March 16, 2012. The stock has moved down across its 200-day moving average of $104.69 today.

  • Macy's (M) traded on a volume of 12.6 million, or 2.2 its average daily volume, but its price was down. Shares fell 5% to $35.06. The stock has been dropping in the last two months, down $4.95 (-12.4%) from a price of $40.01 on April 16, 2012. The stock has moved down across its 200-day moving average of $36.52 today.

  • Trading at a volume of 6.3 million, or 1.6 its average daily volume, Expedia (EXPE) was down on high volume today. The stock price dropped 2.7% to $47.43.

  • Michael Kors Holdings (KORS) was down on high volume, trading with volume of 7.6 million, or 1.7 its average daily volume. Shares were down 5.5%, closing at $38.84.

  • Aetna (AET) experienced a price drop on above-average volume today, with 6.7 million shares, or 1.6 its average daily volume, changing hands. Shares were off 3% to $41.59. The stock has been on a downward trajectory over the last two months, decreasing $5.64 (-11.9%) from a price of $47.23 on April 16, 2012. The stock has moved down across its 50-day moving average of $42.61 today.

  • Rackspace Hosting (RAX) was down on high volume after trading at a volume of 5.9 million, or 1.8 its average daily volume. Closing at $41.33, shares dropped 4.2%. The stock has fallen over the last three months, dropping $15.09 (-26.7%) from $56.42 on March 16, 2012. The stock is trading at 80.8% of its 50-day moving average and 82.9% of its 200-day moving average.

  • Virgin Media (VMED) was trading down on above-average volume with 8.6 million shares moving, or 2.8 its average daily volume. Shares fell 5.3% to $22.15. Shares are down over the last two months as the price has dropped $2.15 (-8.8%) from a price of $24.30 on April 16, 2012. The stock has moved down across its 50-day moving average of $22.71 today.

  • Progressive (PGR) was down on high volume, trading with volume of 7.6 million, or 1.7 its average daily volume. Shares dropped 4.4% to $20.74. The stock has been sinking in the last two months, down $1.87 (-8.3%) from a price of $22.61 on April 16, 2012. The stock has moved down across its 200-day moving average of $21.08 today.