Navigate this market better. Subscribe for FREE stock alerts and information.

Monday, September 3, 2012

A Bullish Sign - Insider Buying: (TSN), (FDML), (REXX), (SFNC), (HALO)

Shares of Tyson Foods Inc. (TSN) traded higher by 1.29% or $0.20/share to $15.66. In the past year, the shares have traded as low as $14.03 and as high as $20.92. On average, 5975030 shares of TSN exchange hands on a given day and today's volume is recorded at 5265274. 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 $16.07 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 0.71%.

Shares of Federal-Mogul Corp. (FDML) traded higher by 0.54% or $0.05/share to $9.36. In the past year, the shares have traded as low as $8.67 and as high as $19.28. On average, 180930 shares of FDML exchange hands on a given day and today's volume is recorded at 68039. 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 $10.09 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 0.06%.

Shares of Rex Energy Corporation (REXX) traded higher by 2.14% or $0.26/share to $12.39. In the past year, the shares have traded as low as $8.80 and as high as $18.00. On average, 928160 shares of REXX exchange hands on a given day and today's volume is recorded at 1007655. 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 $12.17 area where the stock will likely see buying pressure. The stock has insider ownership of 12.91%.

Shares of Simmons First National Corporation (SFNC) fell by 0.81% or $-0.19/share to $23.28. In the past year, the shares have traded as low as $18.28 and as high as $28.08. On average, 52240 shares of SFNC exchange hands on a given day and today's volume is recorded at 40770. 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 $23.35 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 1.87%.

Shares of Halozyme Therapeutics, Inc. (HALO) traded higher by 1.58% or $0.09/share to $5.8. In the past year, the shares have traded as low as $3.86 and as high as $13.50. On average, 1072790 shares of HALO exchange hands on a given day and today's volume is recorded at 582207. 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 $7.59 area but be careful because the stock may face selling pressure at this level. The stock has insider ownership of 7.21%.