Morning Analysis on Top Gainers -- Research on Sequenom, RetailMeNot, Kandi Technologies, and RadioShack
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LONDON, May 28, 2014 /PRNewswire/ --
The US markets saw a positive sentiment on Tuesday, May 27, 2014, with the NASDAQ Composite closing at 4,237.07, up 1.22%, the Dow Jones Industrial Average ending the session 0.42% higher at 16,675.50, and the S&P 500 edging 0.60% higher to finish the trading session at 1,911.91. The session saw a positive impact from Information Technology, Financials and Utilities sectors along with a drag from Telecommunication Services sector. A number of stocks saw large movements, including Sequenom Inc. (NASDAQ: SQNM), RetailMeNot Inc. (NASDAQ: SALE), Kandi Technologies Corp. (NASDAQ: KNDI) and RadioShack Corp. (NYSE: RSH). Free technical research on SQNM, SALE, KNDI and RSH can be downloaded upon signing up at:
http://www.investor-edge.com/3091-register
Sequenom Inc.'s stock finished Tuesday's session 6.36% higher at $3.01. A total of 2.79 million shares were traded, which was above its three months average volume of 1.75 million shares. The stock moved between $2.86 and $3.06 during the session. Over the last one month and previous three months, Sequenom Inc.'s shares have surged 15.77% and 17.12%, respectively. Additionally, from the beginning of 2014, the company's stock has gained an upside of 28.63%. The S&P 500 Health Care Sector Index mapped a gain of 0.56% during the trading session and charted up 3.21% in the last one month. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $2.61 is greater than its 200-day moving average of $2.53. Sequenom Inc.'s stock has a Relative Strength Index (RSI) of 57.17. Sign up today to read free research on SQNM at:
http://www.investor-edge.com/3091-SQNM-28May2014.pdf
On Tuesday, shares in RetailMeNot Inc. fluctuated between $24.01 and $25.90 before ending the session 6.74% higher at $25.48. RetailMeNot Inc.'s stock reported a trading volume of 3.19 million shares, much above its three months average volume of 1.41 million shares. RetailMeNot Inc.'s shares have declined 17.91% in the previous three trading sessions, 16.18% in the last one month and 11.50% on YTD basis. The S&P 500 Consumer Discretionary Sector Index mapped a gain of 0.50% during the trading session and charted up 2.98% in the last one month. The stock is trading below its 50-day and 200-day moving averages of $32.02 and $33.32, respectively. Moreover, shares of the company have an RSI of 30.31. Sign up today to read free research on SALE at:
http://www.investor-edge.com/3091-SALE-28May2014.pdf
Kandi Technologies Group Inc.'s stock rallied 9.76%, closing the day at $12.59. The stock recorded a trading volume of 2.62 million shares, close to its three months average volume of 2.93 million shares. The stock oscillated between $11.91 and $12.78 during the trading session. Over the last three trading sessions and over the past one month, Kandi Technologies Group Inc.'s shares have gained 13.83% and 3.62%, respectively. Additionally, the stock has gained 6.79% since the start of this year. The S&P 500 Consumer Discretionary Sector Index mapped a gain of 0.50% during the trading session and charted up 1.83% in the past three trading sessions. The stock is trading above its 200-day moving average of $10.36, while the 200-day moving average is below Kandi Technologies Group Inc.'s 50-day moving average of $13.83. Additionally, the stock has an RSI of 44.24. Sign up today to read free research on KNDI at:
http://www.investor-edge.com/3091-KNDI-28May2014.pdf
On Tuesday, shares in RadioShack Corp. recorded a trading volume of 4.01 million shares, higher than its three months average volume of 3.58 million shares. The stock ended the day at $1.30, which was 7.44% above its previous day's closing, and registered an intraday range of $1.22 and $1.40. Although RadioShack Corp.'s shares have advanced 5.69% in the previous three trading sessions, it has plummeted 11.56% in the last one month and 50.00% on YTD basis. The S&P 500 Consumer Discretionary Sector Index mapped a gain of 0.50% during the trading session and charted up 2.98% in the last one month. The company's stock is trading below its 50-day and 200-day moving averages of $1.73 and $2.58, respectively. Furthermore, shares of the company have an RSI of 34.76. Sign up today to read free research on RSH at:
http://www.investor-edge.com/3091-RSH-28May2014.pdf
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