Technical Study: Vale S.A., Alpha Natural Resources, Inc., Molycorp Inc., and Arch Coal Inc.
LONDON, October 4, 2013 /PRNewswire/ --
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On Thursday, October 03, 2013, the S&P 500 ended the day at 1,678.66, down 0.90%; the Dow Jones Industrial Average closed at 14,996.48, down 0.90%; while the NASDAQ Composite finished at 3,774.34, down 1.07%. Shares in the industrial metals and minerals industry also ended on a lower note, tracking the broader market. The major movers in the industry included Vale S.A. (NYSE: VALE), Alpha Natural Resources Inc. (NYSE: ANR), Molycorp Inc. (NYSE: MCP), and Arch Coal Inc. (NYSE: ACI). AAAResearchReports.com free coverage on VALE, ANR, MCP, and ACI is available upon registration at:
http://www.aaaresearchreports.com/register/
Vale S.A.'s stock fell sharply on Thursday, reversing all of its gains from the previous trading session. The company's shares ended the session 1.46% lower at $15.50, after trading between $15.42 and $15.86. A total of 15.55 million shares were traded, which is below the daily average volume of 17.98 million. Despite Thursday' sharp losses, the company's shares have gained 1.71% in the last one month and 22.05% in the previous three months, compared to a gain of 2.37% and 3.92% in the S&P 500 during the respective periods. Furthermore, Vale S.A.'s stock is trading above its 200-day moving average of $15.38. Download free technical research on VALE by signing up at:
http://www.AAAResearchReports.com/VALE100413.pdf
On Thursday, shares in Alpha Natural Resources Inc. fell sharply to close at $5.80, down 1.86% from the previous day's closing price of $5.91. The company's shares oscillated between $5.78 and $5.99 during the trading session. A total of 5.44 million shares were traded, which is below the daily average volume of 10.11 million. Despite Thursday's losses, the company's shares have gained 11.97% in the previous three months, outperforming the S&P 500 which has advanced 3.92% during the same period. Additionally, Alpha Natural Resources Inc.'s stock is trading below its 50-day and 200-day moving averages of $6.23 and $6.45, respectively. Register now and get access to free analysis on ANR at
http://www.AAAResearchReports.com/ANR100413.pdf
Molycorp Inc.'s stock fell sharply by 2.31% on Thursday, reversing some of the gains from the previous trading session. The company's shares closed the day at $7.19, after fluctuating between $7.07 and $7.44. A total of 6.79 million shares were traded, which is above the daily average volume of 6.67 million. Despite Thursday's pullback, the company's shares have surged 9.60% in the previous three trading sessions and 15.41% in the last one month, compared to a loss of 0.17% and a gain of 2.37% in the S&P 500 during the respective periods. Furthermore, Molycorp Inc.'s stock is trading above its 50-day and 200-day moving averages of $6.56 and $6.26, respectively. Sign up and read our complimentary report on MCP at:
http://www.AAAResearchReports.com/MCP100413.pdf
On Thursday, Arch Coal Inc.'s shares plummeted to end the day at $3.96, which is 2.94% lower than the previous day's closing price of $4.08. The company's shares fluctuated between $3.95 and $4.13 during the trading session. A total of 8.13 million shares were traded, which is below the daily average volume of 9.01 million. Despite Thursday's sharp decline, Arch Coal Inc.'s shares have gained 6.45% in the previous three months, outperforming the S&P 500 which advanced 3.92% during the same period. Furthermore, the company's stock is trading below its 50-day and 200-day moving averages of $4.62 and $4.64, respectively. The free report on ACI can be downloaded by signing up now at:
http://www.AAAResearchReports.com/ACI100413.pdf
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SOURCE AAA Research Reports
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