Diversified Banks Equities Technical Study -- Bank of America, JPMorgan Chase, Wells Fargo, National Bank of Greece, and Comerica
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LONDON, December 30, 2014 /PRNewswire/ --
Investor-Edge has initiated coverage on the following equities: Bank of America Corporation (NYSE: BAC), JPMorgan Chase and Company (NYSE: JPM), Wells Fargo and Company (NYSE: WFC), National Bank of Greece S.A. (NYSE: NBG), and Comerica Inc. (NYSE: CMA). Free research on these five companies can be accessed at: http://investor-edge.com/register. On Monday, December 29, 2014, the NASDAQ Composite ended flat at 4,806.91, the Dow Jones Industrial Average lost 0.09%, to finish the day at 18,038.23, and the S&P 500 closed at 2,090.57, up 0.09%. The gains were broad based as six out of ten sectors ended the session in positive. The S&P 500 Financials Sector Index ended the day at 337.84, up 0.36%, with the index also advancing 7.99% in the previous three months. Register for your complimentary reports on these five stocks at:
http://investor-edge.com/register
On Monday, shares in Bank of America Corp. recorded a trading volume of 57.72 million shares, lower than its three months average volume of 76.91 million shares. The stock ended the day at $18.11, which was 0.72% above its previous day's closing of $17.98, and registered an intraday range of $17.91 and $18.19. Shares of the company traded at a PE ratio of 11.30. Bank of America Corp.'s shares have advanced 6.28% in the last one month, 6.47% in the previous three months and 16.31% on YTD basis. The company's stock closed above its 50-day and 200-day moving averages of $17.14 and $16.23, respectively. Furthermore, shares of Bank of America Corp. have a Relative Strength Index (RSI) of 64.43. Sign up and read the free notes on BAC at:
http://get.Investor-Edge.com/pdf/?c=Bank%20of%20America&d=30-Dec-2014&s=BAC
JPMorgan Chase and Co.'s stock edged 0.66% higher, to close Monday's session at $62.96, after oscillating between $62.25 and $63.34. The stock recorded a trading volume of 10.47 million shares, below its three months average volume of 15.24 million shares. Over the last one month and the previous three months, JPMorgan Chase and Co.'s shares have advanced 4.65% and 4.36%, respectively. Additionally, from the beginning of 2014, the stock has gained 7.66%. The company's stock closed above its 50-day and 200-day moving averages. The stock's 50-day moving average of $60.29 is above its 200-day moving average of $58.30. Further, JPMorgan Chase and Co.'s stock traded at a PE ratio of 10.02 and has an RSI of 60.01. The complimentary notes on JPM can be downloaded as in PDF format at:
http://get.Investor-Edge.com/pdf/?c=JPMorgan%20Chase&d=30-Dec-2014&s=JPM
Wells Fargo and Co.'s stock finished Monday's session 0.78% higher at $55.71. A total of 10.45 million shares were traded, which was below its three months average volume of 16.26 million shares. The stock moved between $55.08 and $55.95 during the session. Over the last one month and the previous three months, Wells Fargo and Co.'s shares have gained 2.26% and 7.78%, respectively. Additionally, from the beginning of 2014, the stock has gained an upside of 22.71%. The company's shares closed above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $53.27 is greater than its 200-day moving average of $51.33. Wells Fargo and Co.'s stock traded at a PE ratio of 13.65 and has an RSI of 59.48. Register for free on Investor-Edge and access the latest research on WFC at:
http://get.Investor-Edge.com/pdf/?c=Wells%20Fargo&d=30-Dec-2014&s=WFC
On Monday, shares in National Bank of Greece S.A. traded between $1.77 and $1.84 before ending the session 8.08% lower at $1.82. The stock reported a trading volume of 8.67 million shares, much above its three months average volume of 4.50 million shares. National Bank of Greece S.A.'s shares have declined 3.70% in the previous three trading sessions, 21.89% in the last one month and 67.50% on YTD basis. The company's stock closed below its 50-day and 200-day moving averages of $2.31 and $3.37, respectively. Moreover, shares of National Bank of Greece S.A. have an RSI of 42.80. The complete research on NBG is available for free at:
http://get.Investor-Edge.com/pdf/?c=National%20Bank%20of%20Greece&d=30-Dec-2014&s=NBG
Comerica Inc.'s stock advanced 1.07%, to close the day at $47.31. The stock recorded a trading volume of 1.10 million shares, below its three months average volume of 1.86 million shares. The stock oscillated between $46.64 and $47.48 during the session. Over the last three trading sessions and over the past one month, Comerica Inc.'s shares have gained 1.81% and 1.50%, respectively. However, the stock has lost 0.48% since the start of this year. The company's stock closed above its 50-day moving average of $46.78, while the 50-day moving average is below Comerica Inc.'s 200-day moving average of $48.80. Additionally, the stock traded at a PE ratio of 15.40 and has an RSI of 51.84. Free in depth research on CMA is available at:
http://get.Investor-Edge.com/pdf/?c=Comerica&d=30-Dec-2014&s=CMA
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