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Monday, May 28, 2012

Stocks Having Recent Insider Selling: (CYN), (DDS), (NTCT), (DAL), (RMD)

Shares of City National Corp. (CYN) fell by 0.57% or $-0.29/share to $50.25. In the past year, the shares have traded as low as $34.56 and as high as $55.52. On average, 468660 shares of CYN exchange hands on a given day and today's volume is recorded at 317873. 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 $51.91 represents resistance and the 200-day moving average of $45.33 would be an area of support. The stock has insider ownership of 0.35%.

Shares of Dillard's Inc. (DDS) fell by 0.46% or $-0.32/share to $69.49. In the past year, the shares have traded as low as $38.87 and as high as $72.46. On average, 890080 shares of DDS exchange hands on a given day and today's volume is recorded at 526220. 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 $64.68 area where the stock will likely see buying pressure. The stock has insider ownership of 6.69%.

Shares of NetScout Systems, Inc. (NTCT) traded higher by 0.78% or $0.15/share to $19.35. In the past year, the shares have traded as low as $10.68 and as high as $23.37. On average, 289190 shares of NTCT exchange hands on a given day and today's volume is recorded at 266740. 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 $19.73 represents resistance and the 200-day moving average of $17.35 would be an area of support. The stock has insider ownership of 0.69%.

Shares of Delta Air Lines Inc. (DAL) traded higher by 0.89% or $0.10/share to $11.37. In the past year, the shares have traded as low as $6.41 and as high as $11.58. On average, 12066670 shares of DAL exchange hands on a given day and today's volume is recorded at 11580339. 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 $10.43 area where the stock will likely see buying pressure. The stock has insider ownership of 0.73%.

Shares of ResMed Inc. (RMD) fell by 1.59% or $-0.51/share to $31.58. In the past year, the shares have traded as low as $23.37 and as high as $35.32. On average, 982070 shares of RMD exchange hands on a given day and today's volume is recorded at 1053660. 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 $31.97 represents resistance and the 200-day moving average of $29.06 would be an area of support. The stock has insider ownership of 0.71%.