Active Equities Watch List -- Research on Bank of America, Wells Fargo, Citigroup, and JPMorgan Chase

LONDON, March 28, 2014 /PRNewswire/ --

The trading session on Thursday, March 27, 2014 ended on a negative note as the Dow Jones Industrial Average finished at 16,264.23, down 0.03% and the NASDAQ Composite closed at 4,151.23, down 0.54%. The S&P 500 finished the session 0.19% lower at 1,849.04. The losses were broad based as seven out of ten sectors ended the session in negative. During the session, Information Technology, Financials, and Consumer Discretionary sectors exerted a drag, while some positive momentum was observed in the Telecommunication Services, Energy, and Utilities sectors. Investor-Edge looks at some of the equities which attracted the most attention and traded the most shares during the session. These include Bank of America Corp. (NYSE: BAC), Wells Fargo & Co. (NYSE: WFC), Citigroup Inc. (NYSE: C) and JPMorgan Chase & Co. (NYSE: JPM). Free technical research on BAC, WFC, C and JPM can be downloaded upon signing up at:

http://www.investor-edge.com/549-register


Shares in Bank of America Corp. recorded heavy trading as a total of 174.66 million shares changed hands, against a three-month average volume of 111.60 million shares. On Thursday, the stock finished the day at $17.01, down 0.99% and at an intraday range of $16.83 and $17.49. The stock traded at a PE ratio of 11.12. Bank of America Corp.'s shares have declined 2.07% in the past three trading sessions, while the stock has gained 3.15% in the last one month and 9.25% on YTD basis. The S&P 500 Financials Sector Index fell by 1.51% in the previous three trading sessions, while the S&P 500 declined 0.45% during the same period. The stock is trading above its 50-day and 200-day moving averages of $16.85 and $15.10, respectively. The stock is trading at a Relative Strength Index (RSI) an RSI of 52.27.   Sign up today to read free research on BAC at:

http://www.investor-edge.com/549-BAC-28Mar2014.pdf


The Wells Fargo & Co.'s shares saw heavy trading as a total of 28.99 million shares changed hands on Thursday, as compared with the three-month average volume of 16.75 million shares. The stock ended the day at $49.10, up 1.24% and at an intraday range of $48.65 and $49.79. Shares of the company traded at a PE ratio of 12.62. The company's shares have advanced 0.24% in the previous three trading sessions, 6.62% in the last one month and 8.15% on YTD basis. The S&P 500 Financials Sector Index went up by 1.07% in the last three months, while the S&P 500 gained 0.41% during the same period. The stock is trading above its 50-day and 200-day moving averages of $46.57 and $43.79, respectively. The company's shares are trading at an RSI of 60.08. Sign up today to read free research on WFC at:

http://www.investor-edge.com/549-WFC-28Mar2014.pdf


On Thursday, Citigroup Inc.'s shares recorded heavy trading as a total of 112.54 million shares changed hands, as compared with the three-month average volume of 27.58 million shares. The stock traded at an intraday trading range of $47.11 and $48.20, before closing the day at $47.45, down 5.40%. Shares of the company traded at a PE ratio of 9.75. Citigroup Inc.'s shares have fallen by 5.19% in the past three trading sessions, 2.55% in the last one month and 8.94% on YTD basis. The S&P 500 Financials Sector Index mapped a gain of 2.24% in the previous one month, while the S&P 500 fell by 0.28% during the same period. The stock is trading below its 50-day and 200-day moving averages of $49.28 and $50.25, respectively. The stock is trading at an RSI of 57.85. Sign up today to read free research on C at:

http://www.investor-edge.com/549-C-28Mar2014.pdf


Shares in JPMorgan Chase & Co. saw heavy trading as a total of 24.58 million shares were exchanged, against a three-month average volume of 19.04 million shares. On Thursday, the stock closed the day at $59.92, up 0.03% and with an intraday fluctuation between $59.02 and $60.55. JPMorgan Chase & Co.'s shares have declined 1.88% in the past three trading sessions, while the same has gained 5.70% in the last one month and 2.46% on YTD basis. The S&P 500 Financials Sector Index went up by 1.07% in the last three months, while the S&P 500 advanced 0.41% during the same period. The stock is trading above its 50-day and 200-day moving averages of $57.53 and $55.13, respectively. The company's shares have an RSI of 59.03. Sign up today to read free research on JPM at:

http://www.investor-edge.com/549-JPM-28Mar2014.pdf


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EDITOR'S NOTES:
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