Shares of Red Hat, Inc. (RHT) fell by 0.65% or $-0.40/share to $61.55. In the past year, the shares have traded as low as $31.77 and as high as $62.75. On average, 1963970 shares of RHT exchange hands on a given day and today's volume is recorded at 453762. 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 $55.13 area where the stock will likely see buying pressure. The stock has insider ownership of 0.48%.
Shares of Insulet Corporation (PODD) fell by 1.27% or $-0.23/share to $17.94. In the past year, the shares have traded as low as $14.00 and as high as $23.33. On average, 317830 shares of PODD exchange hands on a given day and today's volume is recorded at 14339. 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 $18.05 area where the stock may encounter resistance. The stock has insider ownership of 1.01%.
Shares of Caterpillar Inc. (CAT) fell by 0.79% or $-0.81/share to $101.82. In the past year, the shares have traded as low as $66.59 and as high as $116.46. On average, 6468960 shares of CAT exchange hands on a given day and today's volume is recorded at 1211037. 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 $108.14 represents resistance and the 200-day moving average of $96.29 would be an area of support. The stock has insider ownership of 0.2%.
Shares of Reliance Steel & Aluminum Co. (RS) fell by 0.48% or $-0.27/share to $55.63. In the past year, the shares have traded as low as $30.91 and as high as $58.58. On average, 660320 shares of RS exchange hands on a given day and today's volume is recorded at 58250. 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 $54.91 area where the stock will likely see buying pressure. The stock has insider ownership of 0.68%.
Shares of Owens-Illinois, Inc. (OI) fell by 0.56% or $-0.13/share to $22.92. In the past year, the shares have traded as low as $13.43 and as high as $33.32. On average, 1719450 shares of OI exchange hands on a given day and today's volume is recorded at 194514. 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 $23.74 represents resistance and the 200-day moving average of $20.90 would be an area of support. The stock has insider ownership of 0.55%.
