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Friday, October 7, 2011

A Bullish Sign - Insider Buying: (ENH), (CWEI), (FUN), (DNP), (VPHM)

Shares of Endurance Specialty Holdings Ltd. (ENH) fell by 3.76% or $-1.31/share to $33.62. In the past year, the shares have traded as low as $32.29 and as high as $49.54. On average, 391500 shares of ENH exchange hands on a given day and today's volume is recorded at 257841. 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 $35.61 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 2.45%.

Shares of Clayton Williams Energy Inc. (CWEI) fell by 1.81% or $-0.78/share to $42.38. In the past year, the shares have traded as low as $34.50 and as high as $109.45. On average, 119820 shares of CWEI exchange hands on a given day and today's volume is recorded at 40073. 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 $53.01 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 0.11%.

Shares of Cedar Fair LP (FUN) fell by 0.11% or $-0.02/share to $18.39. In the past year, the shares have traded as low as $12.87 and as high as $22.45. On average, 195930 shares of FUN exchange hands on a given day and today's volume is recorded at 32656. 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 $18.85 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 2.69%.

Shares of DNP Select Income Fund Inc. (DNP) fell by 0.7% or $-0.07/share to $9.9. In the past year, the shares have traded as low as $8.41 and as high as $10.14. On average, 406700 shares of DNP exchange hands on a given day and today's volume is recorded at 88745. 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 $9.81 area where the stock will likely see buying pressure. The stock has insider ownership of 0.01%.

Shares of ViroPharma Inc. (VPHM) fell by 1.2% or $-0.23/share to $18.92. In the past year, the shares have traded as low as $14.39 and as high as $22.16. On average, 1032950 shares of VPHM exchange hands on a given day and today's volume is recorded at 317340. The shares are currently trading above the 200-day moving average which indicates that the shares have been subject to upward momentum. The 200 DMA is above the 50 DMA which indicates that the stock has likely taken a dip in the shorter term. The stock may eventually drop to test the 200-day moving average where buyers may be lurking near the $18.33 area. The stock has insider ownership of 0.01%.