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Thursday, July 12, 2012

Insider Selling In These Stocks: (SNPS), (QCOR), (FIRE), (ICUI), (SXI)

Shares of Synopsys Inc. (SNPS) traded higher by 0.27% or $0.08/share to $29.65. In the past year, the shares have traded as low as $21.37 and as high as $31.06. On average, 685730 shares of SNPS exchange hands on a given day and today's volume is recorded at 972351. 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 $29.10 area where the stock will likely see buying pressure. The stock has insider ownership of 0.68%.

Shares of Questcor Pharmaceuticals, Inc. (QCOR) traded higher by 3.08% or $1.36/share to $45.48. In the past year, the shares have traded as low as $24.14 and as high as $58.91. On average, 2343530 shares of QCOR exchange hands on a given day and today's volume is recorded at 5272850. 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 $45.41 area where the stock will likely see buying pressure. The stock has insider ownership of 0.01%.

Shares of Sourcefire, Inc. (FIRE) traded higher by 1.81% or $0.78/share to $43.77. In the past year, the shares have traded as low as $23.26 and as high as $59.64. On average, 700250 shares of FIRE exchange hands on a given day and today's volume is recorded at 1279487. 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 $52.35 represents resistance and the 200-day moving average of $40.47 would be an area of support. The stock has insider ownership of 3.24%.

Shares of ICU Medical, Inc. (ICUI) fell by 1.07% or $-0.56/share to $51.85. In the past year, the shares have traded as low as $35.58 and as high as $54.11. On average, 87890 shares of ICUI exchange hands on a given day and today's volume is recorded at 106418. 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 $52.35 represents resistance and the 200-day moving average of $46.44 would be an area of support. The stock has insider ownership of 2.88%.

Shares of Standex International Corp. (SXI) traded higher by 1.77% or $0.77/share to $44.38. In the past year, the shares have traded as low as $24.98 and as high as $45.98. On average, 48140 shares of SXI exchange hands on a given day and today's volume is recorded at 49900. 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 $41.65 area where the stock will likely see buying pressure. The stock has insider ownership of 0.84%.