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Friday, April 13, 2012

Recent Insider Buying Detected: (WES), (C), (OI), (SRZ), (PICO)

Shares of Western Gas Partners LP (WES) fell by 0.53% or $-0.23/share to $43.56. In the past year, the shares have traded as low as $30.07 and as high as $47.97. On average, 207200 shares of WES exchange hands on a given day and today's volume is recorded at 121328. 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 $44.80 represents resistance and the 200-day moving average of $38.17 would be an area of support. The stock has insider ownership of 0.09%.

Shares of Citigroup, Inc. (C) fell by 3.26% or $-1.13/share to $33.5. In the past year, the shares have traded as low as $21.38 and as high as $45.95. On average, 46241280 shares of C exchange hands on a given day and today's volume is recorded at 23288714. 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 $34.42 represents resistance and the 200-day moving average of $31.33 would be an area of support. The stock has insider ownership of 0.14%.

Shares of Owens-Illinois, Inc. (OI) fell by 0.46% or $-0.11/share to $23.69. In the past year, the shares have traded as low as $13.43 and as high as $33.32. On average, 1850110 shares of OI exchange hands on a given day and today's volume is recorded at 886510. 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 $23.89 represents resistance and the 200-day moving average of $21.04 would be an area of support. The stock has insider ownership of 0.55%.

Shares of Sunrise Senior Living Inc. (SRZ) fell by 3.25% or $-0.20/share to $5.95. In the past year, the shares have traded as low as $3.68 and as high as $10.70. On average, 601140 shares of SRZ exchange hands on a given day and today's volume is recorded at 139941. The shares are currently trading below the 200-day moving average which indicates that the shares have been suffering from downward momentum lately. The stock may bounce higher to test the 200-day moving average, so look for a move up to the $6.63 area where the stock may encounter resistance. The stock has insider ownership of 3.47%.

Shares of PICO Holdings Inc. (PICO) fell by 2.07% or $-0.48/share to $22.69. In the past year, the shares have traded as low as $18.56 and as high as $32.74. On average, 65040 shares of PICO exchange hands on a given day and today's volume is recorded at 25872. The shares are currently trading below the 200-day moving average which indicates that the shares have been suffering from downward momentum lately. The stock may bounce higher to test the 200-day moving average, so look for a move up to the $22.97 area where the stock may encounter resistance. The stock has insider ownership of 0.29%.