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Monday, January 9, 2012

Recent Insider Buying Detected: (SRZ), (XCO), (MJN), (TCB), (HE)

Shares of Sunrise Senior Living Inc. (SRZ) fell by 1.42% or $-0.09/share to $6.24. In the past year, the shares have traded as low as $3.68 and as high as $12.44. On average, 690960 shares of SRZ exchange hands on a given day and today's volume is recorded at 175619. 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 $7.43 represents resistance and the 50-day moving average of $5.34 would be an area of support. The stock has insider ownership of 3.55%.

Shares of EXCO Resources Inc. (XCO) fell by 0.82% or $-0.08/share to $9.67. In the past year, the shares have traded as low as $9.29 and as high as $20.85. On average, 3094240 shares of XCO exchange hands on a given day and today's volume is recorded at 690404. 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 $11.21 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 6.09%.

Shares of Mead Johnson Nutrition Company (MJN) traded higher by 0.37% or $0.26/share to $71.42. In the past year, the shares have traded as low as $54.27 and as high as $76.53. On average, 2102610 shares of MJN exchange hands on a given day and today's volume is recorded at 370881. 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 $71.81 represents resistance and the 200-day moving average of $68.19 would be an area of support. The stock has insider ownership of 0.07%.

Shares of TCF Financial Corporation (TCB) traded higher by 2.67% or $0.29/share to $11.17. In the past year, the shares have traded as low as $8.57 and as high as $17.17. On average, 1723260 shares of TCB exchange hands on a given day and today's volume is recorded at 509156. 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 $12.08 represents resistance and the 50-day moving average of $10.34 would be an area of support. The stock has insider ownership of 3.05%.

Shares of Hawaiian Electric Industries Inc. (HE) traded higher by 0.12% or $0.03/share to $25.9. In the past year, the shares have traded as low as $20.06 and as high as $26.79. On average, 488490 shares of HE exchange hands on a given day and today's volume is recorded at 150777. 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 $25.69 area where the stock will likely see buying pressure. The stock has insider ownership of 0.41%.