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Thursday, December 29, 2011

Recent Insider Selling Detected: (EQR), (GNTX), (TDG), (NIHD), (SYK)

Shares of Equity Residential (EQR) traded higher by 0.23% or $0.13/share to $56.84. In the past year, the shares have traded as low as $47.96 and as high as $62.83. On average, 2390240 shares of EQR exchange hands on a given day and today's volume is recorded at 91631. 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 $56.73 area. The stock has insider ownership of 0.15%.

Shares of Gentex Corp. (GNTX) traded higher by 0.55% or $0.16/share to $29.36. In the past year, the shares have traded as low as $21.73 and as high as $34.91. On average, 833830 shares of GNTX exchange hands on a given day and today's volume is recorded at 27344. 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 $28.88 area where the stock will likely see buying pressure. The stock has insider ownership of 3.09%.

Shares of TransDigm Group Incorporated (TDG) traded higher by 1.01% or $0.96/share to $96.3. In the past year, the shares have traded as low as $71.59 and as high as $102.73. On average, 376780 shares of TDG exchange hands on a given day and today's volume is recorded at 6128. 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 $94.28 area where the stock will likely see buying pressure. The stock has insider ownership of 0.2%.

Shares of NII Holdings Inc. (NIHD) traded higher by 1.05% or $0.22/share to $20.77. In the past year, the shares have traded as low as $19.17 and as high as $45.63. On average, 3228410 shares of NIHD exchange hands on a given day and today's volume is recorded at 172013. 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 $23.28 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 0.08%.

Shares of Stryker Corp. (SYK) fell by 0.61% or $-0.30/share to $49.01. In the past year, the shares have traded as low as $43.38 and as high as $64.30. On average, 2132410 shares of SYK exchange hands on a given day and today's volume is recorded at 132445. 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 $53.20 represents resistance and the 50-day moving average of $47.95 would be an area of support. The stock has insider ownership of 0.23%.