Put down the 10-K filings and the stock screeners. It's time to take a break from the traditional methods of generating investment ideas. Instead, let the crowd do it for you.

From hedge funds to individual investors, scores of market participants are turning to social media and market data to figure out which stocks are worth watching. It's a concept known as "crowdsourcing," and it uses the masses to identify emerging trends in the market.

Crowdsourcing has long been a popular tool for the advertising industry, but it also makes a lot of sense as an investment tool. After all, the market is completely driven by supply and demand, so it can be valuable to see what names are trending among the crowd.

Trump and your taxes:Watch Jim Cramer lead a roundtable discussion on how investors and retirement savers should position their portfolio.

While some fund managers are already trying to leverage social media resources like Twitter to find algorithmic trading opportunities, for most investors, crowdsourcing works best as a starting point for investors who want a starting point in their analysis.

So, today, we'll leverage the power of the crowd to take a look at some of the most active stocks on the market ...

Advanced Micro Devices Inc.

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  • Nearest Resistance: $15.50
  • Nearest Support: $11.75
  • Catalyst: Technical Setup

A familiar name is leading off our list of the week's most actively traded stocks: Advanced Micro Devices (AMD) - Get Report. As usual, this stock's technical setup is what's fueling the outsized attention in shares right now. AMD has spent the last year bouncing its way higher in a well-defined uptrending channel--and despite a bit of a correction in the past few trading sessions, that uptrend is very much intact this March. The next test of the bottom of the price channel looks like a strong opportunity to add to a position in AMD. Stay tuned.

Snap Inc.

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  • Nearest Resistance: $29.44
  • Nearest Support: $27
  • Catalyst: IPO

It shouldn't come as a surprise that brand new IPO Snap Inc. (SNAP) - Get Report was another stock that ended the week on massive volume. Snap finished Friday's trading session up double-digits, fueled by excitement over the biggest tech IPO of the year. At this point, it's a little early to get a meaningful read on the price action--we've only seen two trading sessions on shares to date. But SNAP's intraday technicals look strong so far, at least. Still, only investors willing to stomach the volatility of a new, speculative IPO should consider buying SNAP at this point ...

WATCH MORE: Jim Cramer discusses how Snap may actually boost shares of Twitter

VanEck Vectors Gold Miners ETF

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  • Nearest Resistance: $24
  • Nearest Support: $19
  • Catalyst: Spot Gold Prices

Gold miners spent Friday rebounding, helping to drive a 1.8% pop in shares of the VanEck Vectors Gold Miners ETF (GDX) - Get Report. GDX tracks a basket of gold mining stocks, which basically makes it a leveraged bet on gold prices--and a popular way to play the metal lately. That doesn't make it a buy now, however. After rebounding at the start of this year, GDX rolled through its new trendline support level at the very end of February, signaling the potential for more downside risk ahead. It's a good idea to steer clear of GDX until this fund can start establishing some higher price lows again ...

Rite Aid Corp.

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  • Nearest Resistance: $6
  • Nearest Support: $5.25
  • Catalyst: Merger Update

Rite Aid Corp. (RAD) - Get Reportended the week on a rough note, shedding more than 5% of its market value Friday following an updated proxy (filed Friday, but based on a prior announcement) that lowers Rite Aid's purchase price from larger peer Walgreens Boots Alliance (WBA) - Get Report to a maximum of $7 per share in cash, and a minimum of $6.50 per share. That's down from as much as $9 per share when the deal was announced.

Technically, there's not much to like about the price action in RAD. Shares are testing a major support level at $5.25 following Friday's close. Even if the chart was more attractive, the headline risk surrounding the deal makes it secondary. There's still significant uncertainty being priced into Rite Aid here, and that makes it a trade to avoid for all but the most nimble traders at this point.

Seadrill Ltd.

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  • Nearest Resistance: $1.65
  • Nearest Support: N/A
  • Catalyst: Debt Deal

Seadrill Ltd. (SDRL) - Get Report ended the week by testing new 52-week lows, the result of concerns that the debt restructuring deal Seadrill is pursuing to stay afloat could come too late. At this point, the technical picture doesn't look attractive--shares sold off more than 25% on Friday, breaking through the $1.65 support level that had been acting like a floor for shares since early February. With that support level violated, more downside risk is likely from here. SDRL is another stock where the headline risk is elevated; deal progress news could totally flip this stock's technical trajectory.

Apple Inc.

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  • Nearest Resistance: N/A
  • Nearest Support: $130
  • Catalyst: Technical Setup

Meanwhile, tech giant Apple Inc. (AAPL) - Get Reportended the week on a strong note, finishing Friday within grabbing distance of the all-time highs that shares set earlier in the week. Apple has looked attractive from a technical standpoint since mid-May, when shares bottomed and started establishing the uptrend that's propelled shares from the $90 level to where it sits now. While Apple does look a bit extended this winter, the uptrend is still very much intact here, and that means that it makes sense to look for pullbacks as opportunities to buy.

WATCH MORE: Everything We Know About Apple's Upcoming iPhone 8

Action Alerts PLUS, which Cramer manages as a charitable trust, is long AAPL and WBA.

At the time of publication author held shares of AAPL and a venture capital fund that was long SNAP.

Note: This article contains one or more stocks with a market cap between $350 million and $2 billion. Such small-cap stocks tend to be volatile.