Daily Technical Summary: Walter Energy, Peabody Energy, Cliffs Natural Resources, and McEwen Mining

LONDON, November 27, 2013 /PRNewswire/ --

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The U.S. equity market advanced on Tuesday, November 26, 2013.The S&P 500 and the NASDAQ Composite gained 0.01%, 0.58% respectively, while the Dow Jones Industrial Average finished flat. Shares in the industrial metals and minerals industry posted losses, even as the broader market edged higher. The major movers in the industry included Walter Energy Inc. (NYSE: WLT), Peabody Energy Corp. (NYSE: BTU), Cliffs Natural Resources Inc. (NYSE: CLF), and McEwen Mining Inc. (NYSE: MUX). All these companies are tracked by AAAResearchReports.com. Free technical research on WLT, BTU, CLF, and MUX can be downloaded upon signing up at:

http://www.aaaresearchreports.com/register/  

Walter Energy Inc.'s stock plummeted 3.22% on Tuesday, even as the broader market edged higher. The company's shares closed the day at $14.13 after oscillating between $13.67 and $14.56 during the trading session. A total of 12.52 million shares were traded, which is above the daily average volume of 7.68 million. The company's shares have gained 6.72% in the previous three months, underperforming the S&P 500, which has advanced 8.81% during the same period. Furthermore, Walter Energy Inc.'s stock is trading below its 50-day and 200-day moving averages of $15.56 and $17.98, respectively. Sign up today to read free research report on WLT at:

http://www.AAAResearchReports.com/WLT112713.pdf

On Tuesday, Peabody Energy Corp.'s stock declined to end the day at $18.12, which is 1.41% lower than the previous day's closing price of $18.38. The company's shares vacillated between $18.11 and $18.74 during the trading session. A total of 6.86 million shares were traded, which is above the daily average volume of 6.19 million. The company's shares have lost 0.71% in the previous three months, underperforming the S&P 500, which has gained 8.81% during the same period. Further, Peabody Energy Corp.'s stock is trading below its 50-day and 200-day moving averages of $18.74 and $18.88, respectively. Register to download free technical analysis on BTU at:

http://www.AAAResearchReports.com/BTU112713.pdf

Shares in Cliffs Natural Resources Inc. fell by 1.61% on Tuesday, even as the US equity market posted gains. The company's shares closed at $24.98, after fluctuating between $24.54 and $25.36 during the trading session. A total of 7.77 million shares were traded, which is above the daily average volume 7.54 million. Despite Tuesday's losses, the company's shares have surged 11.17% in the previous three months, compared to a gain of 8.81% in the S&P 500 during the same period. Additionally, Cliffs Natural Resources Inc.'s stock is trading above its 50-day and 200-day moving averages of $24.06 and $21.55, respectively. A free report on CLF can be accessed by registering at:

http://www.AAAResearchReports.com/CLF112713.pdf

McEwen Mining Inc.'s stock plummeted 3.08% to close the day at $1.89, after fluctuating between $1.88 and $1.97 during the trading session. A total of 1.68 million shares were traded, which is below the daily average volume of 3.30 million. The company's shares have lost 5.97% in the previous three trading sessions, underperforming the S&P 500, which has advanced 0.38% during the same period. Moreover, McEwen Mining Inc.'s stock is trading below its 50-day and 200-day moving averages of $2.24 and $2.30, respectively. Register with AAA Research Reports and download the research on MUX for free at:

http://www.AAAResearchReports.com/MUX112713.pdf

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SOURCE AAA Research Reports

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