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Monday, November 14, 2011

Stocks Having Recent Insider Selling: (SCI), (CL), (SMG), (IXYS), (MELI)

Shares of Service Corp. International (SCI) fell by 0.19% or $-0.02/share to $10.3. In the past year, the shares have traded as low as $7.63 and as high as $12.01. On average, 926560 shares of SCI exchange hands on a given day and today's volume is recorded at 125497. 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 $10.50 represents resistance and the 50-day moving average of $9.76 would be an area of support. The stock has insider ownership of 0.87%.

Shares of Colgate-Palmolive Co. (CL) fell by 0.22% or $-0.20/share to $88.97. In the past year, the shares have traded as low as $73.37 and as high as $94.30. On average, 2819290 shares of CL exchange hands on a given day and today's volume is recorded at 350214. 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 $89.81 represents resistance and the 200-day moving average of $84.08 would be an area of support. The stock has insider ownership of 0.27%.

Shares of The Scotts Miracle-Gro Company (SMG) fell by 1.06% or $-0.46/share to $42.82. In the past year, the shares have traded as low as $39.73 and as high as $59.96. On average, 716740 shares of SMG exchange hands on a given day and today's volume is recorded at 145094. 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 $46.19 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 29.6%.

Shares of IXYS Corp. (IXYS) fell by 2.98% or $-0.38/share to $12.37. In the past year, the shares have traded as low as $10.05 and as high as $15.98. On average, 138550 shares of IXYS exchange hands on a given day and today's volume is recorded at 21213. 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 $12.93 represents resistance and the 50-day moving average of $12.14 would be an area of support. The stock has insider ownership of 15.12%.

Shares of Mercadolibre, Inc. (MELI) traded higher by 1.86% or $1.59/share to $87.08. In the past year, the shares have traded as low as $48.30 and as high as $92.51. On average, 615060 shares of MELI exchange hands on a given day and today's volume is recorded at 280510. 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 $73.89 area. The stock has insider ownership of 0.11%.