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Friday, March 23, 2012

After-Hours Movers: (ESE), (FEIC), (IRWD), (TSCO), (LOGM)

ESCO Technologies Inc. (NYSE: ESE): fell by 2.53% or $-0.93/share in after hours trading to $35.83. In today's trading session, ESE traded higher by 2.60% or $0.93/share to $36.76. In the past year, the shares have traded as low as $23.75 and as high as $38.68. On average, 141897 shares of ESE exchange hands on a given day and today's volume is recorded at 134153. 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 $35.15 area where the stock will likely see buying pressure.

FEI Company (NASDAQ: FEIC): fell by 3.39% or $-1.6/share in after hours trading to $45.57. In today's trading session, FEIC traded higher by 3.51% or $1.6/share to $47.17. In the past year, the shares have traded as low as $26.61 and as high as $48.31. On average, 297160 shares of FEIC exchange hands on a given day and today's volume is recorded at 405760. 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 $44.98 area where the stock will likely see buying pressure.

Ironwood Pharmaceuticals Inc. (NASDAQ: IRWD): fell by 2.86% or $-0.38/share in after hours trading to $12.91. In today's trading session, IRWD traded higher by 3.02% or $0.39/share to $13.29. In the past year, the shares have traded as low as $9.97 and as high as $16.50. On average, 537607 shares of IRWD exchange hands on a given day and today's volume is recorded at 357166. 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 $14.10 represents resistance and the 200-day moving average of $12.67 would be an area of support.

Tractor Supply Company (NASDAQ: TSCO): fell by 2.66% or $-2.29/share in after hours trading to $83.75. In today's trading session, TSCO fell by 1.95% or $-1.71/share to $86.04. In the past year, the shares have traded as low as $49.02 and as high as $88.97. On average, 680815 shares of TSCO exchange hands on a given day and today's volume is recorded at 560714. 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 $85.33 represents resistance and the 200-day moving average of $74.86 would be an area of support.

LogMeIn, Inc. (NASDAQ: LOGM): fell by 3.22% or $-1.13/share in after hours trading to $33.96. In today's trading session, LOGM traded higher by 3.33% or $1.13/share to $35.09. In the past year, the shares have traded as low as $26.74 and as high as $49.50. On average, 244090 shares of LOGM exchange hands on a given day and today's volume is recorded at 651041. 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 $37.46 area but be careful because the stock may face selling pressure at this level.