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Tuesday, October 25, 2011

Recent Insider Selling Detected: (MDCO), (UDR), (MW), (URI), (CSH)

Shares of Medicines Co. (MDCO) fell by 2.58% or $-0.48/share to $18.1. In the past year, the shares have traded as low as $11.65 and as high as $19.40. On average, 576310 shares of MDCO exchange hands on a given day and today's volume is recorded at 78074. 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 $16.04 area. The stock has insider ownership of 1.22%.

Shares of UDR, Inc. (UDR) fell by 0.59% or $-0.14/share to $23.76. In the past year, the shares have traded as low as $19.86 and as high as $27.02. On average, 3072500 shares of UDR exchange hands on a given day and today's volume is recorded at 569036. 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 $24.00 area where the stock may encounter resistance. The stock has insider ownership of 1.27%.

Shares of The Men's Wearhouse, Inc. (MW) fell by 1.05% or $-0.31/share to $29.22. In the past year, the shares have traded as low as $22.66 and as high as $36.28. On average, 850770 shares of MW exchange hands on a given day and today's volume is recorded at 60443. 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 $28.86 area. The stock has insider ownership of 1.02%.

Shares of United Rentals, Inc. (URI) fell by 0.56% or $-0.14/share to $24.68. In the past year, the shares have traded as low as $12.81 and as high as $34.78. On average, 3225810 shares of URI exchange hands on a given day and today's volume is recorded at 470750. 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 $24.83 represents resistance and the 50-day moving average of $17.82 would be an area of support. The stock has insider ownership of 0.37%.

Shares of Cash America International, Inc. (CSH) fell by 1.02% or $-0.54/share to $52.24. In the past year, the shares have traded as low as $33.98 and as high as $62.33. On average, 384320 shares of CSH exchange hands on a given day and today's volume is recorded at 45722. 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 $54.51 represents resistance and the 200-day moving average of $49.23 would be an area of support. The stock has insider ownership of 1.45%.