Momentum Indicators for Internet Software and Services Stocks -- Yelp, YY Inc., Move, Qihoo 360 Technology, and Trulia

LONDON, August 8, 2014 /PRNewswire/ --

On Thursday, August 07, 2014, the NASDAQ Composite ended at 4,334.97, down 0.46%, the Dow Jones Industrial Average finished the day 0.46% lower at 16,368.27, and the S&P 500 closed at 1,909.57, down 0.56%. The losses were broad based as eight out of ten sectors ended the session in negative. The S&P 500 Information Technology Sector Index ended the day at 632.73, down 0.45%, and the index has declined 1.53% in the last one month. Investor-Edge has initiated coverage on the following equities: Yelp Inc. (NYSE: YELP), YY Inc. (NASDAQ: YY), Move Inc. (NASDAQ: MOVE), Qihoo 360 Technology Company Ltd (NYSE: QIHU), and Trulia Inc. (NYSE: TRLA). Free research on these five companies can be accessed at:  

http://investor-edge.com/register

On Thursday, Yelp Inc.'s stock recorded a trading volume of 3.80 million shares, lower than its three months average volume of 5.25 million shares. The stock finished the day at $68.62, up 1.24%, and registered an intraday range of $68.01 and $69.90. Yelp Inc.'s shares have declined 9.42% in the last one month and 0.48% on YTD basis. However, the stock has surged 30.11% in the past three months. Furthermore, the company's stock is trading below its 50-day and 200-day moving averages. The stock's 200-day moving average of $71.79 is above its 50-day moving average of $70.65. Additionally, shares of Yelp Inc. have a Relative Strength Index (RSI) of 45.60. Sign up and read the free notes on YELP at:

http://www.Investor-Edge.com/YELP-08Aug2014

YY Inc.'s stock gained 3.69%, to close Thursday's session at $85.80, after oscillating between $78.82 and $86.00. The stock recorded a trading volume of 4.49 million shares, much above its three months average volume of 1.94 million shares. Over the last one month and past three months, YY Inc.'s shares have rallied 14.25% and 60.89%, respectively. Also, from the beginning of 2014, the stock has gone up 70.64%. The company's stock is trading above its 50-day and 200-day moving averages. The stock's 50-day moving average of $72.52 is above its 200-day moving average of $64.31. Further, YY Inc.'s stock traded at a PE ratio of 43.33 and has an RSI of 66.07. The complimentary notes on YY can be downloaded as in PDF format at:

http://www.Investor-Edge.com/YY-08Aug2014

Move Inc.'s stock fluctuated between $14.48 and $14.76 before ending Thursday's session up 0.48%, at $14.57. The stock reported a trading volume of 0.35 million shares, below its three months average volume of 0.75 million shares. Further, Move Inc.'s shares have advanced 0.48% over the last one month and 48.22% over the past three months. However, the stock has fallen by 8.88% on YTD basis. The company is trading above its 50-day and 200-day moving averages. The stock's 50-day moving average of $14.15 is greater than its 200-day moving average of $13.81. Moreover, shares of Move Inc. have an RSI of 52.24. Register for free on Investor-Edge and access the latest research on MOVE at:

http://www.Investor-Edge.com/MOVE-08Aug2014

On Thursday, shares in Qihoo 360 Technology Co. Ltd finished the session 0.64% lower at $93.38. A total of 1.81 million shares were traded, which was below its three months average volume of 2.86 million shares. The stock moved between $92.10 and $94.92 during the session. Over the last one month and past three months, shares in Qihoo 360 Technology Co. Ltd have gone up 0.26% and 19.56%, respectively. Also, the stock has surged 13.81% 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 $91.16 is greater than its 200-day moving average of $91.07. Shares of Qihoo 360 Technology Co. Ltd traded at a PE ratio of 128.80 and have an RSI of 51.56. The complete research on QIHU is available for free at:

http://www.Investor-Edge.com/QIHU-08Aug2014

Trulia Inc.'s stock advanced 1.00%, to close Thursday's session at $58.53, after vacillating between $58.01 and $59.62. The stock recorded a trading volume of 0.81 million shares, below its three months average volume of 2.02 million shares. Over the last one month and past three months, Trulia Inc.'s shares have rallied 30.27% and 91.65%, respectively. Also, from the beginning of 2014, the stock has gained 65.95%. The company's stock is trading above its 50-day and 200-day moving averages. The stock's 50-day moving average of $45.60 is above its 200-day moving average of $37.20. Further, Trulia Inc.'s stock has an RSI of 63.86. Free in depth research on TRLA is available at:

http://www.Investor-Edge.com/TRLA-08Aug2014

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