Navigate this market better. Subscribe for FREE stock alerts and information.

Monday, May 14, 2012

Recent Insider Buying Detected: (AMCC), (ARCC), (DECK), (BKH), (MTRX)

Shares of Applied Micro Circuits Corp. (AMCC) fell by 0.53% or $-0.03/share to $5.58. In the past year, the shares have traded as low as $4.69 and as high as $10.74. On average, 618150 shares of AMCC exchange hands on a given day and today's volume is recorded at 98722. 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 $6.43 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 0.73%.

Shares of Ares Capital Corporation (ARCC) traded higher by 0.13% or $0.02/share to $15.57. In the past year, the shares have traded as low as $11.87 and as high as $16.60. On average, 1359840 shares of ARCC exchange hands on a given day and today's volume is recorded at 839532. 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 $16.11 represents resistance and the 200-day moving average of $14.87 would be an area of support. The stock has insider ownership of -999.99%.

Shares of Deckers Outdoor Corp. (DECK) traded higher by 0.98% or $0.52/share to $53.55. In the past year, the shares have traded as low as $50.18 and as high as $118.89. On average, 2499140 shares of DECK exchange hands on a given day and today's volume is recorded at 647324. 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 $63.71 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 3.53%.

Shares of Black Hills Corporation (BKH) traded higher by 0.15% or $0.05/share to $32.63. In the past year, the shares have traded as low as $24.97 and as high as $35.44. On average, 263280 shares of BKH exchange hands on a given day and today's volume is recorded at 85736. 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 $33.03 represents resistance and the 200-day moving average of $31.95 would be an area of support. The stock has insider ownership of 0.86%.

Shares of Matrix Service Co. (MTRX) fell by 2.55% or $-0.30/share to $11.46. In the past year, the shares have traded as low as $7.34 and as high as $15.06. On average, 147920 shares of MTRX exchange hands on a given day and today's volume is recorded at 41241. 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 $13.33 represents resistance and the 200-day moving average of $11.21 would be an area of support. The stock has insider ownership of 2.37%.