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Friday, September 30, 2011

Recent Insider Selling Detected: (ETFC), (AVAV), (N), (MCHX), (MSCC)

Shares of E*TRADE Financial Corporation (ETFC) fell by 2.82% or $-0.27/share to $9.29. In the past year, the shares have traded as low as $9.21 and as high as $18.13. On average, 7831490 shares of ETFC exchange hands on a given day and today's volume is recorded at 790869. 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 $11.94 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 0.2%.

Shares of AeroVironment, Inc. (AVAV) fell by 0.56% or $-0.16/share to $28.53. In the past year, the shares have traded as low as $21.82 and as high as $36.49. On average, 299540 shares of AVAV exchange hands on a given day and today's volume is recorded at 6960. The shares are currently trading below the 200-day moving average but above the 50-day moving average. The stock may be range bound between these two levels where the 200-day moving average of $29.48 represents resistance and the 50-day moving average of $28.17 would be an area of support. The stock has insider ownership of 17.16%.

Shares of NetSuite Inc. (N) fell by 2.78% or $-0.79/share to $27.6. In the past year, the shares have traded as low as $19.24 and as high as $42.81. On average, 554130 shares of N exchange hands on a given day and today's volume is recorded at 53688. The shares are currently trading below the 200-day moving average which indicates that the shares have been suffering from downward momentum lately. The stock may bounce higher to test the 200-day moving average, so look for a move up to the $31.74 area where the stock may encounter resistance. The stock has insider ownership of 7.08%.

Shares of Marchex, Inc. (MCHX) fell by 2.51% or $-0.22/share to $8.56. In the past year, the shares have traded as low as $5.07 and as high as $10.87. On average, 245150 shares of MCHX exchange hands on a given day and today's volume is recorded at 32714. The shares are currently trading below the 200-day moving average which indicates that the shares have been suffering from downward momentum lately. The stock may bounce higher to test the 200-day moving average, so look for a move up to the $8.62 area where the stock may encounter resistance. The stock has insider ownership of 16.22%.

Shares of Microsemi Corp. (MSCC) fell by 4.01% or $-0.67/share to $16.04. In the past year, the shares have traded as low as $14.49 and as high as $24.96. On average, 684120 shares of MSCC exchange hands on a given day and today's volume is recorded at 94456. 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 $17.03 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 0.14%.