Active Equities Technical Updates -- Research on Whole Foods Market, Fifth Third Bancorp, Allied Nevada Gold and DryShips
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LONDON, May 28, 2014 /PRNewswire/ --
The markets on Tuesday, May 27, 2014 ended on a positive note as the Dow Jones Industrial Average finished at 16,675.50, up 0.42% and the NASDAQ Composite closed at 4,237.07, up 1.22%. The S&P 500 edged 0.60% higher, to finish the day at 1,911.91. The gains were broad based as nine out of ten sectors edged higher. During the session gains in the Information Technology, Financials and Utilities sectors positively impacted the broader market, while some retraction came in from the Telecommunication Services sector. Investor-Edge looks at some of the equities which attracted the most attention and traded the most shares during the session. These include Whole Foods Market Inc. (NASDAQ: WFM), Fifth Third Bancorp (NASDAQ: FITB), Allied Nevada Gold Corp. (NYSE MKT: ANV) and DryShips Inc. (NASDAQ: DRYS). Free technical research on WFM, FITB, ANV and DRYS can be downloaded upon signing up at:
http://www.investor-edge.com/3092-register
On Tuesday, shares in Whole Foods Market Inc. traded between $37.96 and $38.86 before ending the day 2.30% higher at $38.65. The company's stock reported a trading volume of 6.27 million shares on Tuesday, which was above its three months average volume of 5.77 million shares. Although, Whole Foods Market Inc.'s shares have gained 2.93% in the previous three trading sessions, it has declined 23.69% in the last one month and 33.17% on YTD basis. The S&P 500 Consumer Staples Sector Index advanced 6.19% in the previous three months, while the NASDAQ Composite Index declined 1.28% during the same period. The stock is trading below its 50-day and 200-day moving averages. Moreover, Whole Foods Market Inc.'s 200-day moving average of $54.20 is greater than its 50-day moving average of $47.70. Additionally, the company's stock traded at a PE ratio of 25.77 and has a Relative Strength Index (RSI) of 23.43. Sign up today to read free research on WFM at:
http://www.investor-edge.com/3092-WFM-28May2014.pdf
On Tuesday, Fifth Third Bancorp.'s stock edged 0.78% higher, closing the day at $20.70. The stock recorded a trading volume of 6.33 million shares, much below its three months average volume of 8.43 million shares. The stock oscillated between $20.60 and $20.91 during the trading session. Shares of the company traded at a PE ratio of 11.72. Fifth Third Bancorp.'s shares have fallen by 0.24% in the last one month and 1.57% since start of this year, while the stock has gained 1.62% in the previous three trading sessions. The S&P 500 Financials Sector Index gained 3.54% in the previous three months, while the NASDAQ Composite Index declined 1.28% during the same period. Fifth Third Bancorp.'s stock is trading above its 200-day moving average of $20.37. Moreover, shares of the company have an RSI of 46.03. Sign up today to read free research on FITB at:
http://www.investor-edge.com/3092-FITB-28May2014.pdf
Allied Nevada Gold Corp.'s stock finished Tuesday's session 3.57% lower at $2.97. A total of 5.18 million shares were traded, which was above its three months average volume of 4.25 million shares. The stock moved between $2.88 and $3.04 during the session. Over the previous three trading sessions and over the last one month, Allied Nevada Gold Corp.'s shares have fallen by 4.81% and 19.73%, respectively. Additionally, the company's stock has declined 16.34% since beginning of 2014. The S&P 500 Materials Sector Index gained 4.25% in the previous three months, while the S&P 500 Index advanced 3.62% during the same period. The company's shares are trading below their 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $4.25 is greater than its 50-day moving average of $3.99. Further, Allied Nevada Gold Corp.'s stock traded at a PE ratio of 23.02 and has an RSI of 34.79. Sign up today to read free research on ANV at:
http://www.investor-edge.com/3092-ANV-28May2014.pdf
On Tuesday, DryShips Inc.'s stock recorded a trading volume of 5.40 million shares, which was below its three months average volume of 7.73 million shares. The stock ended the day at its previous day's closing price of $3.08, and registered an intraday range of $3.06 and $3.15. DryShips Inc.'s shares have declined 0.96% in the last one month and 34.47% on YTD basis. However, the stock has gained 1.65% in the last three trading sessions. The S&P 500 Industrials Sector Index gained 4.38% in the previous three months, while the NASDAQ Composite Index fell by 1.28% during the same period. DryShips Inc.'s stock is trading below its 50-day and 200-day moving averages of $3.17 and $3.29, respectively. Furthermore, shares of the company have an RSI of 49.45. Sign up today to read free research on DRYS at:
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