Momentum Indicators for Chemicals Stocks -- Research on Huntsman, FMC, Ecolab, and Celanese

LONDON, May 22, 2014 /PRNewswire/ --

On Wednesday, May 21, 2014, the NASDAQ Composite ended at 4,131.54, up 0.85%, the Dow Jones Industrial Average gained 0.97%, to finish the day at 16,533.06, and the S&P 500 closed at 1,888.03, up 0.81%. During the session, the gains were broad based with all the ten sectors finishing on a positive note. The S&P 500 Materials Sector Index ended the day at 302.60, up 0.48%, with the index advancing 3.80% in the previous three months. Investor-Edge has initiated coverage on the following equities: Huntsman Corporation (NYSE: HUN), FMC Corporation (NYSE: FMC), Ecolab Inc. (NYSE: ECL) and Celanese Corporation (NYSE: CE). Free technical research on HUN, FMC, ECL and CE can be downloaded upon signing up at:

http://www.investor-edge.com/2886-register

On Wednesday, shares in Huntsman Corp. recorded a trading volume of 2.31 million shares, lower than its three months average volume of 3.51 million shares. The stock ended the day at $26.12, which was 1.83% above its previous day's closing of $25.65, and registered an intraday range of $25.70 and $26.15. Shares of the company traded at a PE ratio of 17.63. Huntsman Corp.'s stock has advanced 3.65% in the previous three trading sessions, 5.15% in the last one month, and 6.18% on YTD basis. The company's stock is trading above its 50-day and 200-day moving averages of $24.65 and $22.51, respectively. Furthermore, shares of Huntsman Corp. have a Relative Strength Index (RSI) of 57.16. Sign up today to read free research on HUN at:

http://www.investor-edge.com/2886-HUN-22May2014.pdf

FMC Corp.'s stock finished the Wednesday's session 1.15% higher at $74.46. A total of 0.99 million shares were traded, which was below its three months average volume of 1.07 million shares. The stock vacillated between $73.73 and $74.56 during the session. Over the previous three and over the last three months, FMC Corp.'s shares have advanced 2.80% and 2.42%, respectively. However, from the beginning of 2014, the company's stock has fallen by 1.33%. The stock is trading above its 200-day moving average of $73.09, while the 200-day moving average is below the company's 50-day moving average of $76.38. FMC Corp.'s stock traded at a PE ratio of 21.24 and has an RSI of 43.30. Sign up today to read free research on FMC at:

http://www.investor-edge.com/2886-FMC-22May2014.pdf

On Wednesday, shares in Ecolab Inc. fluctuated between $106.76 and $108.11 before ending the session 1.04% higher at $107.78. The stock reported a trading volume of 0.67 million shares, below its three months average volume of 1.07 million shares. Shares of the company traded at a PE ratio of 31.20. Ecolab Inc.'s shares have advanced 1.78% in the previous three trading sessions, 5.47% in the last three months, and 3.37% on YTD basis. The stock is trading above its 50-day and 200-day moving averages of $106.88 and $102.61, respectively. Moreover, shares of Ecolab Inc. have an RSI of 54.72. Sign up today to read free research on ECL at:

http://www.investor-edge.com/2886-ECL-22May2014.pdf

Celanese Corp.'s stock gained 2.25% to close the day at $60.44. The stock recorded a trading volume of 0.90 million shares, below its three months average volume of 0.98 million shares. The stock oscillated between $59.22 and $60.60 during the session. Over the last three trading sessions and over the past one month, Celanese Corp.'s shares have gained 1.65% and 3.99%, respectively. Further, the stock has gained 9.27% since the start of this year. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $57.29 is greater than its 200-day moving average of $54.24. Additionally, Celanese Corp.'s stock traded at a PE ratio of 14.84 and has an RSI of 50.43. Sign up today to read free research on CE at:

http://www.investor-edge.com/2886-CE-22May2014.pdf


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EDITOR'S NOTES:
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