Published April 10, 2012 4:33pm EDT | Updated January 14, 2015 3:37am EST

Bank of America, Citigroup Among Stocks Down on Above-average Volume Tuesday

A few stocks are down on high volume today:

Bank of America (NYSE:BAC) was down on high volume after trading at a volume of 372.7 million, or 1.7 its average daily volume. The stock price declined 4.4%, closing at $8.54. Share price climbed over the last three months, now up $1.67 (24.3%) from $6.87 on January 11, 2012. The stock is trading 14% above its 200-day moving average.

Trading at a volume of 58.1 million, or 1.8 its average daily volume, Citigroup (NYSE:C) was down on high volume today. Shares dropped 3.3% to $32.86. The stock has seen some negative movement recently as shares are down $4.01 (-10.9%) from a price of $36.87 on April 2, 2012. The stock is trading 5.2% above its 200-day moving average.

After trading at a volume of 19.1 million, or 2.1 its average daily volume, (NYSE:LVS) saw its price drop. At $58.40, the stock price has fallen 3.7%. Over the last three months, the stock has gained $13.55 (30.2%) from a price of $44.85 on January 11, 2012. The stock is trading 3.7% above its 50-day moving average and 15.8% above its 200-day moving average.

Trading with volume of nine million, or 1.5 its average daily volume, Caterpillar (NYSE:CAT) saw its price drop on above-normal volume. Closing at $100.43, shares dropped 3%. The stock is down over the last two months, having fallen $12.40 (-11%) from a price of $112.83 on February 9, 2012. The stock has dropped a step closer to its 200-day moving average, sitting just 0.1% above the mark.

Trading at a volume of 76.9 million, or 1.7 its average daily volume, Ford Motor Company (NYSE:F) was down on high volume today. The stock price declined 3.5%, closing at $11.79. The stock has been dipping in the last two months, down 90 cents (-7.1%) from a price of $12.69 on February 9, 2012. The stock has dropped a step closer to its 200-day moving average, sitting just 0.5% above the mark.

Chevron Corporation (NYSE:CVX) saw its price drop on above-normal volume today, as 8.8 million shares have changed hands or 1.6 times its average daily volume. Shares were off 2% to $101.45. The stock has been going in a negative direction over the last month, dropping $8.12 (-7.4%) from a price of $109.57 on March 9, 2012. The stock is trading at 94.1% of its 50-day moving average and 97% of its 200-day moving average.

Trading with volume of 12.9 million, or 1.6 its average daily volume, The Home Depot (NYSE:HD) saw its price drop on above-normal volume. Closing at $49.36, shares were down 2.4%. Share price is up $1.26 (2.6%) from $48.10 on March 9, 2012. The stock has dropped a step closer to its 50-day moving average, sitting just 1.4% above the mark.

Itau Unibanco (NYSE:ITUB) traded on a volume of 26.8 million, or 1.8 its average daily volume, but its price was down. With a closing price of $17.34, shares were down 2.8%. The stock has been losing steam over the last month, sliding $4.12 (-19.2%) from a price of $21.46 on March 9, 2012. The stock is trading at 85.1% of its 50-day moving average and 89.8% of its 200-day moving average.

NIKE (NYSE:NKE) experienced a price drop on above-average volume today, with 4.2 million shares, or 1.7 its average daily volume, changing hands. With a closing price of $106.46, shares dropped 3.8%. Share price is up $3.52 (3.2%) from $109.98 on March 9, 2012. The stock is trading 6.3% above its 200-day moving average.