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Thursday, May 10, 2012

Recent Insider Buying Detected: (VOCS), (TLAB), (ISCA), (DAN), (POL)

Shares of Vocus Inc. (VOCS) traded higher by 0.62% or $0.10/share to $15.94. In the past year, the shares have traded as low as $11.95 and as high as $33.70. On average, 510350 shares of VOCS exchange hands on a given day and today's volume is recorded at 123652. The shares are currently trading below the 200-day moving average but above the 50-day moving average. The stock may be range bound between these two levels where the 200-day moving average of $19.08 represents resistance and the 50-day moving average of $13.39 would be an area of support. The stock has insider ownership of 5.07%.

Shares of Tellabs Inc. (TLAB) fell by 0.78% or $-0.03/share to $3.83. In the past year, the shares have traded as low as $3.63 and as high as $4.75. On average, 2478090 shares of TLAB exchange hands on a given day and today's volume is recorded at 566972. 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 $3.89 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 0.81%.

Shares of International Speedway Corp. (ISCA) traded higher by 1.37% or $0.34/share to $25.1. In the past year, the shares have traded as low as $20.08 and as high as $30.90. On average, 170700 shares of ISCA exchange hands on a given day and today's volume is recorded at 79802. 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 $26.40 represents resistance and the 200-day moving average of $24.99 would be an area of support. The stock has insider ownership of 0.79%.

Shares of Dana Holding Corporation (DAN) traded higher by 3.01% or $0.41/share to $14.01. In the past year, the shares have traded as low as $9.41 and as high as $18.94. On average, 2927740 shares of DAN exchange hands on a given day and today's volume is recorded at 1219786. 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 $15.16 represents resistance and the 200-day moving average of $13.71 would be an area of support. The stock has insider ownership of 0.22%.

Shares of PolyOne Corporation (POL) traded higher by 0.94% or $0.13/share to $13.91. In the past year, the shares have traded as low as $9.47 and as high as $16.44. On average, 532170 shares of POL exchange hands on a given day and today's volume is recorded at 169920. 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 $13.70 area where the stock will likely see buying pressure. The stock has insider ownership of 2.56%.