Active Stocks Technical Review -- Research on Allergan, Hercules Offshore, Banco Bradesco, and EMC Corp.

LONDON, May 30, 2014 /PRNewswire/ --

The markets on Thursday, May 29, 2014 ended on a positive note as the Dow Jones Industrial Average finished at 16,698.74, up 0.39% and the NASDAQ Composite closed at 4,247.95, up 0.54%. The S&P 500 edged 0.54% higher, to finish the day at 1,920.03. The gains were broad based as nine out of ten sectors edged higher. During the session gains in the Materials, Consumer Staples and Health Care sectors positively impacted the broader market, while some retraction came in from the Telecommunication Services sector. Investor-Edge has initiated coverage on the following equities: Allergan Inc. (NYSE: AGN), Hercules Offshore Inc. (NASDAQ: HERO), Banco Bradesco S.A. (NYSE: BBD) and EMC Corporation (NYSE: EMC). Free technical research on AGN, HERO, BBD and EMC can be downloaded upon signing up at:

http://www.investor-edge.com/3214-register

On Thursday, Allergan Inc.'s stock traded between $156.50 and $159.05 before ending the day 1.52% higher at $158.50. The company's stock reported a trading volume of 5.87 million shares on Thursday, which was above its three months average volume of 4.34 million shares. Although, Allergan Inc.'s shares have lost 4.30% in the last one month, it has surged 24.80% in the previous three months and 42.69% on YTD basis. The S&P 500 Health Care Sector Index advanced 2.45% in the previous one month, while the S&P 500 Index gained 2.22% during the same period. The stock is trading above its 50-day and 200-day moving averages. Moreover, Allergan Inc.'s 50-day moving average of $145.44 is greater than its 200-day moving average of $113.49. Additionally, the company's stock traded at a PE ratio of 34.57 and has a Relative Strength Index (RSI) of 47.72. Sign up today to read free research on AGN at:

http://www.investor-edge.com/3214-AGN-30May2014.pdf

On Thursday, Hercules Offshore Inc.'s stock gained 2.25%, closing the day at $4.55. The stock recorded a trading volume of 6.74 million shares, much above its three months average volume of 4.15 million shares. The stock oscillated between $4.45 and $4.56 during the trading session. Shares of the company traded at a PE ratio of 20.57. Hercules Offshore Inc.'s shares have gained 1.11% in the previous three trading sessions and 4.12% in the last one month, while the stock has declined 30.23% since beginning of this year. The S&P 500 Energy Sector Index gained 8.76% in the previous three months, while the NASDAQ Composite Index declined 1.40% during the same period. Hercules Offshore Inc.'s stock is trading above its 50-day moving average of $4.49, while the 50-day moving average is below Hercules Offshore Inc.'s 200-day moving average of $5.85. Moreover, shares of the company have an RSI of 48.93. Sign up today to read free research on HERO at:

http://www.investor-edge.com/3214-HERO-30May2014.pdf

Banco Bradesco S.A.'s stock finished Thursday's session 1.10% lower at $14.43. A total of 6.26 million shares were traded, which was below its three months average volume of 9.03 million shares. The stock moved between $14.33 and $14.70 during the session. Over the previous three months and since start of this year, Banco Bradesco S.A.'s shares have surged 22.81% and 15.16%, respectively. However, the company's stock has declined 2.30% in the previous three trading sessions. The S&P 500 Financials Sector Index gained 2.42% in the previous three months, while the S&P 500 Index advanced 3.26% during the same period. The company's stock is trading above its 200-day moving average. Moreover, the stock's 50-day moving average of $14.51 is greater than its 200-day moving average of $13.09. Further, Banco Bradesco S.A.'s stock has an RSI of 42.62. Sign up today to read free research on BBD at:

http://www.investor-edge.com/3214-BBD-30May2014.pdf

On Thursday, EMC Corp.'s stock recorded a trading volume of 7.54 million shares, which was much below its three months average volume of 18.51 million shares. The stock ended the day 0.79% higher at $26.77, and registered an intraday range of $26.54 and $26.82. EMC Corp.'s shares have gained 5.35% in the last one month, 1.52% in the previous three months and 6.44% on YTD basis. Shares of the company traded at a PE ratio of 19.80. The S&P 500 Information Technology Sector Index advanced 3.85% in the previous three months, while the S&P 500 Index gained 3.26% during the same period. EMC Corp.'s stock is trading above its 50-day and 200-day moving averages of $26.61 and $25.56, respectively. Furthermore, shares of the company have an RSI of 59.10. Sign up today to read free research on EMC at:

http://www.investor-edge.com/3214-EMC-30May2014.pdf


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EDITOR'S NOTES:
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