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Wednesday, September 28, 2011

Recent Insider Selling Detected: (CL), (ETFC), (CLH), (UNFI), (ONXX)

Shares of Colgate-Palmolive Co. (CL) fell by 0.99% or $-0.90/share to $90.17. In the past year, the shares have traded as low as $71.63 and as high as $94.89. On average, 2930160 shares of CL exchange hands on a given day and today's volume is recorded at 1305067. 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 $87.56 area where the stock will likely see buying pressure. The stock has insider ownership of 0.46%.

Shares of E*TRADE Financial Corporation (ETFC) fell by 3.93% or $-0.39/share to $9.53. In the past year, the shares have traded as low as $9.40 and as high as $18.13. On average, 7813450 shares of ETFC exchange hands on a given day and today's volume is recorded at 1377846. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momentum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $12.11 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 0.2%.

Shares of Clean Harbors, Inc. (CLH) fell by 2.45% or $-1.32/share to $52.52. In the past year, the shares have traded as low as $32.72 and as high as $59.35. On average, 529780 shares of CLH exchange hands on a given day and today's volume is recorded at 58448. The shares are currently trading below the 50-day moving average but above the 200-day moving average. The stock may be range bound between these two levels where the 50-day moving average of $52.58 represents resistance and the 200-day moving average of $48.61 would be an area of support. The stock has insider ownership of 5.56%.

Shares of United Natural Foods, Inc. (UNFI) fell by 1.03% or $-0.40/share to $38.33. In the past year, the shares have traded as low as $32.65 and as high as $46.05. On average, 269670 shares of UNFI exchange hands on a given day and today's volume is recorded at 40785. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momentum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $39.70 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 0.49%.

Shares of Onyx Pharmaceuticals Inc. (ONXX) traded higher by 0.1% or $0.03/share to $31.22. In the past year, the shares have traded as low as $25.47 and as high as $45.90. On average, 855900 shares of ONXX exchange hands on a given day and today's volume is recorded at 280566. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momentum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $31.83 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 0.68%.