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Friday, May 25, 2012

A Bullish Sign - Insider Buying: (VHI), (BEBE), (ANF), (GME), (BLK)

Shares of Valhi, Inc. (VHI) fell by 1.88% or $-0.31/share to $16.19. In the past year, the shares have traded as low as $11.68 and as high as $21.60. On average, 35950 shares of VHI exchange hands on a given day and today's volume is recorded at 6985. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momentum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $17.16 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 0.4%.

Shares of Bebe Stores, Inc. (BEBE) traded higher by 1.62% or $0.10/share to $6.25. In the past year, the shares have traded as low as $5.60 and as high as $9.58. On average, 349250 shares of BEBE exchange hands on a given day and today's volume is recorded at 90689. 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 $7.80 area where the stock may encounter resistance. The stock has insider ownership of 0.04%.

Shares of Abercrombie & Fitch Co. (ANF) traded higher by 2.61% or $0.92/share to $36.21. In the past year, the shares have traded as low as $34.45 and as high as $77.44. On average, 2850980 shares of ANF exchange hands on a given day and today's volume is recorded at 1335805. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momentum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $47.76 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 1.27%.

Shares of GameStop Corp. (GME) traded higher by 1.98% or $0.38/share to $19.55. In the past year, the shares have traded as low as $18.13 and as high as $28.30. On average, 3702090 shares of GME exchange hands on a given day and today's volume is recorded at 1615848. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momentum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $21.89 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 1.65%.

Shares of BlackRock, Inc. (BLK) traded higher by 0.77% or $1.31/share to $171.75. In the past year, the shares have traded as low as $134.88 and as high as $209.37. On average, 1150010 shares of BLK exchange hands on a given day and today's volume is recorded at 637209. 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 $173.75 area where the stock may encounter resistance. The stock has insider ownership of 2.5%.