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Tuesday, June 5, 2012

A Bullish Sign - Insider Buying: (TIF), (FCNCA), (TRC), (VLY), (MASI)

Shares of Tiffany & Co. (TIF) traded higher by 1.41% or $0.77/share to $55.47. In the past year, the shares have traded as low as $53.46 and as high as $83.43. On average, 2442360 shares of TIF exchange hands on a given day and today's volume is recorded at 1372727. 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 $64.95 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 0.56%.

Shares of First Citizens Bancshares Inc. (FCNCA) fell by 0.25% or $-0.41/share to $163.59. In the past year, the shares have traded as low as $136.62 and as high as $190.62. On average, 10850 shares of FCNCA exchange hands on a given day and today's volume is recorded at 0. 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 $168.06 area where the stock may encounter resistance. The stock has insider ownership of 10.21%.

Shares of Tejon Ranch Co. (TRC) traded higher by 1.12% or $0.29/share to $26.11. In the past year, the shares have traded as low as $22.80 and as high as $37.00. On average, 68820 shares of TRC exchange hands on a given day and today's volume is recorded at 14016. 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 $26.78 area where the stock may encounter resistance. The stock has insider ownership of 1.02%.

Shares of Valley National Bancorp (VLY) remained unchanged at $10.65. In the past year, the shares have traded as low as $8.85 and as high as $12.88. On average, 1002310 shares of VLY exchange hands on a given day and today's volume is recorded at 665880. 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 $11.24 area where the stock may encounter resistance. The stock has insider ownership of 1.61%.

Shares of Masimo Corporation (MASI) traded higher by 4.56% or $0.84/share to $19.26. In the past year, the shares have traded as low as $17.62 and as high as $31.17. On average, 474290 shares of MASI exchange hands on a given day and today's volume is recorded at 159819. 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 $21.19 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 0.12%.