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Monday, March 26, 2012

Recent Insider Buying Detected: (TCB), (CBZ), (APC), (WPC), (SWHC)

Shares of TCF Financial Corporation (TCB) fell by 0.12% or $-0.01/share to $12.07. In the past year, the shares have traded as low as $8.52 and as high as $15.82. On average, 2357590 shares of TCB exchange hands on a given day and today's volume is recorded at 1119634. 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 $11.02 area where the stock will likely see buying pressure. The stock has insider ownership of 2.89%.

Shares of CBIZ, Inc. (CBZ) remained unchanged at $6.55. In the past year, the shares have traded as low as $5.27 and as high as $7.75. On average, 131160 shares of CBZ exchange hands on a given day and today's volume is recorded at 28438. 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 $6.59 represents resistance and the 50-day moving average of $6.48 would be an area of support. The stock has insider ownership of 3.08%.

Shares of Anadarko Petroleum Corporation (APC) fell by 0.35% or $-0.28/share to $79.13. In the past year, the shares have traded as low as $56.99 and as high as $88.61. On average, 3760220 shares of APC exchange hands on a given day and today's volume is recorded at 2152039. 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 $83.22 represents resistance and the 200-day moving average of $76.91 would be an area of support. The stock has insider ownership of 0.19%.

Shares of W. P. Carey & Co. LLC (WPC) fell by 1.65% or $-0.81/share to $48.19. In the past year, the shares have traded as low as $31.87 and as high as $49.40. On average, 48180 shares of WPC exchange hands on a given day and today's volume is recorded at 43245. 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 $44.90 area where the stock will likely see buying pressure. The stock has insider ownership of 23.49%.

Shares of Smith & Wesson Holding Corporation (SWHC) traded higher by 1.41% or $0.11/share to $7.9. In the past year, the shares have traded as low as $2.29 and as high as $8.00. On average, 1026599 shares of SWHC exchange hands on a given day and today's volume is recorded at 748716. 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 $5.58 area where the stock will likely see buying pressure. The stock has insider ownership of 0.52%.