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Monday, March 26, 2012

Recent Insider Selling Detected: (AMP), (UTX), (NP), (IMAX), (CL)

Shares of Ameriprise Financial Inc. (AMP) traded higher by 1.42% or $0.81/share to $57.91. In the past year, the shares have traded as low as $35.63 and as high as $62.74. On average, 2111280 shares of AMP exchange hands on a given day and today's volume is recorded at 194317. 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 $55.02 area where the stock will likely see buying pressure. The stock has insider ownership of 0.29%.

Shares of United Technologies Corp. (UTX) traded higher by 1.37% or $1.12/share to $82.92. In the past year, the shares have traded as low as $65.90 and as high as $90.15. On average, 4578870 shares of UTX exchange hands on a given day and today's volume is recorded at 670242. 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 $81.57 area where the stock will likely see buying pressure. The stock has insider ownership of 0.08%.

Shares of Neenah Paper, Inc. (NP) traded higher by 0.33% or $0.10/share to $30.1. In the past year, the shares have traded as low as $12.77 and as high as $31.66. On average, 128090 shares of NP exchange hands on a given day and today's volume is recorded at 29409. 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 $26.60 area where the stock will likely see buying pressure. The stock has insider ownership of 0.34%.

Shares of IMAX Corporation (IMAX) fell by 0.39% or $-0.10/share to $25.68. In the past year, the shares have traded as low as $12.57 and as high as $38.00. On average, 1140700 shares of IMAX exchange hands on a given day and today's volume is recorded at 385335. 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 $23.63 area where the stock will likely see buying pressure. The stock has insider ownership of 1.12%.

Shares of Colgate-Palmolive Co. (CL) traded higher by 0.8% or $0.77/share to $96.71. In the past year, the shares have traded as low as $76.34 and as high as $96.40. On average, 2309190 shares of CL exchange hands on a given day and today's volume is recorded at 260809. 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 $92.28 area where the stock will likely see buying pressure. The stock has insider ownership of 0.48%.