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Wednesday, October 12, 2011

Recent Insider Buying Detected: (BLK), (KEG), (ISCA), (WSM), (NRP)

Shares of BlackRock, Inc. (BLK) traded higher by 3.28% or $5.02/share to $158.08. In the past year, the shares have traded as low as $137.00 and as high as $205.17. On average, 1039599 shares of BLK exchange hands on a given day and today's volume is recorded at 625732. 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 $181.60 represents resistance and the 50-day moving average of $155.32 would be an area of support. The stock has insider ownership of 2.29%.

Shares of Key Energy Services Inc. (KEG) traded higher by 1.3% or $0.14/share to $10.95. In the past year, the shares have traded as low as $8.27 and as high as $20.77. On average, 3172350 shares of KEG exchange hands on a given day and today's volume is recorded at 2386093. 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 $12.81 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 2.56%.

Shares of International Speedway Corp. (ISCA) fell by 1.32% or $-0.30/share to $22.51. In the past year, the shares have traded as low as $20.08 and as high as $32.12. On average, 167910 shares of ISCA exchange hands on a given day and today's volume is recorded at 95177. 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 $23.53 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 0.81%.

Shares of Williams-Sonoma Inc. (WSM) traded higher by 3.41% or $1.09/share to $33.06. In the past year, the shares have traded as low as $27.90 and as high as $45.29. On average, 2003130 shares of WSM exchange hands on a given day and today's volume is recorded at 4357835. 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 $36.20 represents resistance and the 50-day moving average of $31.77 would be an area of support. The stock has insider ownership of 0.17%.

Shares of Natural Resource Partners LP (NRP) traded higher by 0.98% or $0.28/share to $28.94. In the past year, the shares have traded as low as $23.36 and as high as $36.56. On average, 253970 shares of NRP exchange hands on a given day and today's volume is recorded at 107687. 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 $31.72 represents resistance and the 50-day moving average of $28.08 would be an area of support. The stock has insider ownership of 2.44%.