Consumer Staples Equities Technical Review -- Research on Chiquita Brands, Tyson Foods, Hormel Foods, and Pilgrim's Pride

LONDON, May 23, 2014 /PRNewswire/ --

The US markets on Thursday, May 22, 2014 ended on a positive note as the Dow Jones Industrial Average finished at 16,543.08, up 0.06% and the NASDAQ Composite closed at 4,154.34, up 0.55%. The S&P 500 finished the session 0.24% higher at 1,892.49. During the trading session, eight out of ten sectors finished on a higher note. The S&P 500 Consumer Staples Sector Index ended the day at 453.36, down 0.17%, whereas the index has gained 6.34% in the previous three months. Investor-Edge has initiated coverage on the following equities: Chiquita Brands International Inc. (NYSE: CQB), Tyson Foods Inc. (NYSE: TSN), Hormel Foods Corp. (NYSE: HRL) and Pilgrim's Pride Corp. (NASDAQ: PPC). Free technical research on CQB, TSN, HRL and PPC can be downloaded upon signing up at:

http://www.investor-edge.com/2944-register

Shares in Chiquita Brands International Inc. finished the Thursday's session 4.95% higher at $10.60. A total of 0.49 million shares were traded, which was below its three months average volume of 0.65 million shares. The stock vacillated between $10.04 and $10.72 during the session. Over the last one month and over the previous three months, Chiquita Brands International Inc.'s shares have lost 16.14% and 7.91%, respectively. Additionally, from the beginning of 2014, the company's stock has fallen by 9.40%. The company's shares are trading below their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $11.67 is greater than its 200-day moving average of $11.56. Chiquita Brands International Inc.'s stock has a Relative Strength Index (RSI) of 26.32. Sign up today to read free research on CQB at:

http://www.investor-edge.com/2944-CQB-23May2014.pdf

On Thursday, shares in Tyson Foods Inc. fluctuated between $38.67 and $39.83 before ending the session 1.63% lower at $39.13. The stock reported a trading volume of 4.41 million shares, above its three months average volume of 3.43 million shares. Shares of the company traded at a PE ratio of 14.40. Tyson Foods Inc.'s shares have lost 4.49% in the previous three trading sessions and 9.42% in the last one month, while the stock has gained 16.95% on YTD basis. The stock is trading above its 200-day moving average of $34.64, whereas the 200-day moving average is below the company's 50-day moving average of $41.60. Moreover, shares of Tyson Foods Inc. have an RSI of 41.92. Sign up today to read free research on TSN at:

http://www.investor-edge.com/2944-TSN-23May2014.pdf

Hormel Foods Corp.'s stock fell 1.76%, to close the day at $46.31. The stock recorded a trading volume of 1.78 million shares, much above its three months average volume of 0.68 million shares. The stock oscillated between $46.02 and $47.04 during the session. Over the last three trading sessions and over the past one month, Hormel Foods Corp.'s shares have lost 5.62% and 3.32%, respectively. However, the stock has advanced 2.52% since the start of this year. The stock is trading above its 200-day moving average. While the company's 50-day average of $47.92 is above 200-day moving average of $45.03. Additionally, Hormel Foods Corp.'s stock traded at a PE ratio of 22.13 and has an RSI of 39.92. Sign up today to read free research on HRL at:

http://www.investor-edge.com/2944-HRL-23May2014.pdf

On Thursday, shares in Pilgrim's Pride Corp. recorded a trading volume of 0.83 million shares, lower than its three months average volume of 1.07 million shares. The stock ended the day at $24.90, which was 0.80% below its previous day's closing of $25.10, after hitting a new 52-week high of $25.25. Shares of the company traded at a PE ratio of 11.00. Pilgrim's Pride Corp.'s stock has gained 1.06% in the previous three trading sessions, 10.81% in the last one month, and 53.23% on YTD basis. The company's stock is trading above its 50-day and 200-day moving averages of $21.63 and $17.57, respectively. Furthermore, shares of Pilgrim's Pride Corp. have an RSI of 76.64. Sign up today to read free research on PPC at:

http://www.investor-edge.com/2944-PPC-23May2014.pdf


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EDITOR'S NOTES:
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