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Thursday, November 3, 2011

Stocks Having Recent Insider Selling: (AEA), (CYT), (SNX), (N), (OCR)

Shares of Advance America, Cash Advance Centers Inc. (AEA) traded higher by 0.73% or $0.06/share to $8.3. In the past year, the shares have traded as low as $4.56 and as high as $9.24. On average, 750760 shares of AEA exchange hands on a given day and today's volume is recorded at 85200. 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 $7.94 area where the stock will likely see buying pressure. The stock has insider ownership of 1.14%.

Shares of Cytec Industries Inc. (CYT) fell by 0.46% or $-0.21/share to $44.98. In the past year, the shares have traded as low as $32.02 and as high as $59.84. On average, 775310 shares of CYT exchange hands on a given day and today's volume is recorded at 147000. 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 $50.25 represents resistance and the 50-day moving average of $39.81 would be an area of support. The stock has insider ownership of 0.35%.

Shares of SYNNEX Corp. (SNX) traded higher by 0.5% or $0.14/share to $28.31. In the past year, the shares have traded as low as $22.56 and as high as $36.72. On average, 277750 shares of SNX exchange hands on a given day and today's volume is recorded at 44407. 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 $30.43 represents resistance and the 50-day moving average of $26.48 would be an area of support. The stock has insider ownership of 18.44%.

Shares of NetSuite Inc. (N) traded higher by 0.86% or $0.33/share to $38.87. In the past year, the shares have traded as low as $19.63 and as high as $42.81. On average, 499270 shares of N exchange hands on a given day and today's volume is recorded at 42544. 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 $32.60 area. The stock has insider ownership of 7.07%.

Shares of Omnicare Inc. (OCR) fell by 0.57% or $-0.17/share to $29.86. In the past year, the shares have traded as low as $20.36 and as high as $32.94. On average, 2154960 shares of OCR exchange hands on a given day and today's volume is recorded at 265270. 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 $29.14 area. The stock has insider ownership of 0.57%.