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Tuesday, June 25, 2013

Financial Stocks Jump (TINY) (CPSS) (ERIE) (ASFI) (HOME)

Harris & Harris Group (NASDAQ: TINY): traded higher by 2.90% or $0.09/share to $3.19. In the past year, the shares have traded as low as $3.05 and as high as $4.25. On average, 117370 shares of TINY exchange hands on a given day and today's volume is recorded at 13495. 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 $3.32 area but be careful because the stock may face selling pressure at this level.

Consumer Portfolio (NASDAQ: CPSS): traded higher by 1.13% or $0.08/share to $7.16. In the past year, the shares have traded as low as $6.82 and as high as $12.79. On average, 230891 shares of CPSS exchange hands on a given day and today's volume is recorded at 3600. 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 $7.95 area but be careful because the stock may face selling pressure at this level.

Erie Indemnity Company (NASDAQ: ERIE): traded higher by 0.05% or $0.035/share to $72.72. In the past year, the shares have traded as low as $61.13 and as high as $83.57. On average, 22755 shares of ERIE exchange hands on a given day and today's volume is recorded at 2949. 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 $74.33 area where the stock may encounter resistance.

Asta Funding, Inc. (NASDAQ: ASFI): traded higher by 0.36% or $0.03/share to $8.47. In the past year, the shares have traded as low as $7.95 and as high as $10.49. On average, 28702 shares of ASFI exchange hands on a given day and today's volume is recorded at 2400. 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 $9.02 area but be careful because the stock may face selling pressure at this level.

Home Federal Bancorp, Inc (NASDAQ: HOME): traded higher by 1.55% or $0.19/share to $12.48. In the past year, the shares have traded as low as $9.64 and as high as $14.00. On average, 18972 shares of HOME exchange hands on a given day and today's volume is recorded at 411. 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 $12.35 area where the stock will likely see buying pressure.