Consumer Discretionary Stocks Technical Insight -- Research on Michael Kors Holdings, TJX Cos, Vipshop Holdings, and Big Lots
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LONDON, May 23, 2014 /PRNewswire/ --
On Thursday, May 22, 2014, the NASDAQ Composite ended at 4,154.34, up 0.55%, the Dow Jones Industrial Average finished the day 0.06% higher at 16,543.08, and the S&P 500 closed at 1,892.49, up 0.24%. The gains were broad based as eight out of ten sectors ended the session in positive. The S&P 500 Consumer Discretionary Sector Index ended the day at 511.23, up 0.48%, with the index also advancing 0.78% in the past three trading sessions. Investor-Edge has initiated coverage on the following equities: Michael Kors Holdings Ltd (NYSE: KORS), The TJX Companies, Inc. (NYSE: TJX), Vipshop Holdings Limited (NYSE: VIPS) and Big Lots Inc. (NYSE: BIG). Free technical research on KORS, TJX, VIPS and BIG can be downloaded upon signing up at:
http://www.investor-edge.com/2954-register
On Thursday, shares in Michael Kors Holdings Ltd recorded a trading volume of 1.54 million shares, lower than its three months average volume of 2.22 million shares. The stock ended the day at $93.66, which was 0.38% above its previous day's closing of $93.31, and registered an intraday range of $93.03 and $94.55. Shares of the company traded at a PE ratio of 31.97. Michael Kors Holdings Ltd's shares have gained 0.66% in the previous three trading sessions, 0.49% in the last one month and 15.36% on YTD basis. The company's stock is trading above its 50-day and 200-day moving averages of $92.59 and $83.53, respectively. Furthermore, shares of the company have a Relative Strength Index (RSI) of 53.17. Sign up today to read free research on KORS at:
http://www.investor-edge.com/2954-KORS-23May2014.pdf
The TJX Cos. Inc.'s stock finished the Thursday's session 2.00% lower at $55.47. A total of 6.22 million shares were traded, which was above its three months average volume of 3.75 million shares. The stock moved between $55.27 and $56.90 during the session. Over the last three trading sessions and the past three months, The TJX Cos. Inc.'s shares have fallen by 5.02% and 7.67%, respectively. Additionally, from the beginning of 2014, the company's stock has declined 12.96%. The company's shares are trading below their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $59.33 is greater than its 200-day moving average of $58.98. The TJX Cos. Inc.'s stock traded at a PE ratio of 19.40 and has an RSI of 43.03. Sign up today to read free research on TJX at:
http://www.investor-edge.com/2954-TJX-23May2014.pdf
On Thursday, shares in Vipshop Holdings Ltd traded between $166.78 and $175.16 before ending the session 3.51% lower at $166.83. Vipshop Holdings Ltd's stock reported a trading volume of 1.27 million shares, close to its three months average volume of 1.59 million shares. Shares of the company traded at a PE ratio of 158.89. Vipshop Holdings Ltd's shares have surged 8.65% in the last one month and 51.66% in the past three months. Additionally, from the beginning of 2014, the stock has gained an upside of 99.37%. The stock is trading above its 50-day and 200-day moving averages of $146.98 and $96.52, respectively. Moreover, shares of the company have an RSI of 64.38. Sign up today to read free research on VIPS at:
http://www.investor-edge.com/2954-VIPS-23May2014.pdf
Big Lots Inc.'s stock advanced 1.37%, to close the day at $37.87. The stock recorded a trading volume of 0.78 million shares, below its three months average volume of 1.36 million shares. The stock oscillated between $37.55 and $38.21 during the session. Although, the stock has lost 1.99% in the last three trading sessions, it has surged 38.41% in the previous three months and 17.28% on YTD basis. The stock is trading above its 200-day moving average of $34.68, while the 200-day moving average is below Big Lots Inc.'s 50-day moving average of $38.27. Additionally, the stock traded at a PE ratio of 17.66 and has an RSI of 39.18. Sign up today to read free research on BIG at:
http://www.investor-edge.com/2954-BIG-23May2014.pdf
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