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Thursday, March 22, 2012

Recent Insider Selling Detected: (TWTC), (CVI), (EXPO), (EPAY), (RL)

Shares of TW Telecom Inc. (TWTC) fell by 0.94% or $-0.21/share to $22.24. In the past year, the shares have traded as low as $15.42 and as high as $23.00. On average, 660040 shares of TWTC exchange hands on a given day and today's volume is recorded at 51949. 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 $21.16 area where the stock will likely see buying pressure. The stock has insider ownership of 0.51%.

Shares of CVR Energy, Inc. (CVI) fell by 2.31% or $-0.61/share to $25.75. In the past year, the shares have traded as low as $16.62 and as high as $30.11. On average, 2036460 shares of CVI exchange hands on a given day and today's volume is recorded at 424588. 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 $26.36 represents resistance and the 200-day moving average of $24.06 would be an area of support. The stock has insider ownership of 1.92%.

Shares of Exponent Inc. (EXPO) fell by 0.79% or $-0.38/share to $47.83. In the past year, the shares have traded as low as $35.56 and as high as $53.31. On average, 34190 shares of EXPO exchange hands on a given day and today's volume is recorded at 5850. 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 $48.17 represents resistance and the 200-day moving average of $44.86 would be an area of support. The stock has insider ownership of 2.59%.

Shares of Bottomline Technologies Inc. (EPAY) fell by 1.71% or $-0.49/share to $28.1. In the past year, the shares have traded as low as $17.73 and as high as $29.90. On average, 187380 shares of EPAY exchange hands on a given day and today's volume is recorded at 7127. 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 $27.86 area where the stock will likely see buying pressure. The stock has insider ownership of 2.78%.

Shares of Ralph Lauren Corporation (RL) fell by 0.47% or $-0.83/share to $175.75. In the past year, the shares have traded as low as $104.82 and as high as $182.48. On average, 887710 shares of RL exchange hands on a given day and today's volume is recorded at 172874. 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 $164.73 area where the stock will likely see buying pressure. The stock has insider ownership of 1.36%.