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Monday, January 23, 2012

Recent Insider Selling Detected: (JPM), (IMAX), (TWTC), (APOG), (SNCR)

Shares of JPMorgan Chase & Co. (JPM) traded higher by 0.64% or $0.24/share to $37.6. In the past year, the shares have traded as low as $27.65 and as high as $47.05. On average, 40496690 shares of JPM exchange hands on a given day and today's volume is recorded at 8897844. 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 $36.61 area. The stock has insider ownership of 0.18%.

Shares of IMAX Corporation (IMAX) traded higher by 0.56% or $0.12/share to $21.56. In the past year, the shares have traded as low as $12.57 and as high as $38.00. On average, 894840 shares of IMAX exchange hands on a given day and today's volume is recorded at 273193. 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 $23.51 represents resistance and the 50-day moving average of $19.61 would be an area of support. The stock has insider ownership of 1.12%.

Shares of TW Telecom Inc. (TWTC) traded higher by 0.5% or $0.10/share to $20.25. In the past year, the shares have traded as low as $15.42 and as high as $22.87. On average, 649060 shares of TWTC exchange hands on a given day and today's volume is recorded at 17657. 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 $19.23 area. The stock has insider ownership of 0.76%.

Shares of Apogee Enterprises, Inc. (APOG) traded higher by 0.78% or $0.11/share to $14.22. In the past year, the shares have traded as low as $7.72 and as high as $15.05. On average, 118880 shares of APOG exchange hands on a given day and today's volume is recorded at 6279. 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 $11.62 area where the stock will likely see buying pressure. The stock has insider ownership of 0.84%.

Shares of Synchronoss Technologies, Inc. (SNCR) traded higher by 0.13% or $0.04/share to $31.61. In the past year, the shares have traded as low as $22.54 and as high as $35.90. On average, 325100 shares of SNCR exchange hands on a given day and today's volume is recorded at 62851. 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 $30.13 area where the stock will likely see buying pressure. The stock has insider ownership of 9.12%.