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Tuesday, May 15, 2012

Recent Insider Buying Detected: (OKS), (AXL), (OPK), (HCCI), (SPG)

Shares of ONEOK Partners, L.P. (OKS) traded higher by 0.64% or $0.36/share to $56.6. In the past year, the shares have traded as low as $41.61 and as high as $60.88. On average, 438820 shares of OKS exchange hands on a given day and today's volume is recorded at 126777. 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 $55.25 area where the stock will likely see buying pressure. The stock has insider ownership of 62.55%.

Shares of American Axle & Manufacturing Holdings Inc. (AXL) fell by 0.74% or $-0.07/share to $9.35. In the past year, the shares have traded as low as $6.77 and as high as $13.08. On average, 1574670 shares of AXL exchange hands on a given day and today's volume is recorded at 339654. 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 $9.97 area where the stock may encounter resistance. The stock has insider ownership of 0.28%.

Shares of Opko Health, Inc. (OPK) remained unchanged at $4.59. In the past year, the shares have traded as low as $3.15 and as high as $5.85. On average, 1795460 shares of OPK exchange hands on a given day and today's volume is recorded at 347578. 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 $4.73 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 7.56%.

Shares of Heritage-Crystal Clean, Inc (HCCI) fell by 1.63% or $-0.30/share to $18.05. In the past year, the shares have traded as low as $13.30 and as high as $22.64. On average, 48420 shares of HCCI exchange hands on a given day and today's volume is recorded at 38645. 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 $18.50 area where the stock may encounter resistance. The stock has insider ownership of 10.03%.

Shares of Simon Property Group Inc. (SPG) fell by 0.28% or $-0.43/share to $154.03. In the past year, the shares have traded as low as $97.52 and as high as $158.60. On average, 1482400 shares of SPG exchange hands on a given day and today's volume is recorded at 564459. 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 $147.09 area where the stock will likely see buying pressure. The stock has insider ownership of 0.44%.