Morning Technical Briefing:Alcatel-Lucent, QUALCOMM, and Sonus Networks

LONDON, December 11, 2013 /PRNewswire/ --

Editor Note: For more information about this release, please scroll to bottom.

On Tuesday, December 10, 2013, the U.S. equity market finished on a negative note. The S&P 500 ended the day at 1,802.62, down 0.32%; the Dow Jones Industrial Average closed at 15,973.13, down 0.33%; and the NASDAQ Composite finished at 4,060.49, down 0.20%. The S&P 500 Information Technology Sector Index edged 0.22% lower to close at 566.62; and the S&P 500 Communications Equipment Industry Index finished 0.14% lower at $259.28. The S&P 500 Communications Equipment Industry Index has advanced 0.85% in the previous three trading sessions, underperforming the S&P 500, which has gained 0.99% during the same period. The major movers in the industry included Alcatel-Lucent (NYSE: ALU), QUALCOMM Inc. (NASDAQ: QCOM) and Sonus Networks Inc. (NASDAQ: SONS). AAAResearchReports.com has released free charting and technical research on these aforementioned companies. Register to read these reports at:

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

On Tuesday, Alcatel-Lucent's stock closed the day at $4.51, down 1.31% from the previous day's closing price of $4.57. The company's shares fluctuated between $4.45 and $4.52 during the trading session. A total of 10.82 million shares were traded, which is below the daily average volume of 22.58 million. Despite Tuesday's pullback, the company's shares have surged 33.31% in the previous three months and 15.86% in the last one month, outperforming the S&P 500, which has gained 7.04% and 1.81% during the respective periods. Moreover, Alcatel-Lucent's stock is trading near its 52-week high of $4.59 and also above its 50-day and 200-day moving averages of $3.76 and $2.37, respectively. Sign up for free report on ALU at:

http://www.AAAResearchReports.com/ALU121113.pdf

On Tuesday, shares in QUALCOMM Inc. finished the day 0.01% higher at $73.38, after oscillating between $73.09 and $73.84 during the trading session. A total of 10.71 million shares were traded, which is below the daily average volume of 10.75 million. The company's shares have gained 8.79% in the last one month, compared to a gain of 1.81% in the S&P 500 during the same period. Furthermore, QUALCOMM Inc.'s stock is trading near its 52-week high of $74.19 and also above its 50-day and 200-day moving averages of $69.69 and $66.09, respectively. QCOM free technical report can be accessed by signing up at:

http://www.AAAResearchReports.com/QCOM121113.pdf

Sonus Networks Inc.'s stock fell 1.40% on Tuesday, tracking losses in the US equity market. The company's shares fluctuated between $2.79 and $2.86 before closing the day 1.40% lower at $2.82. A total of 1.68 million shares were traded, which is above the daily average volume of 1.58 million. The company's shares have fallen 1.40% in the previous three trading sessions, compared to a gain of 0.99% in the S&P 500 during the same period. Further, Sonus Networks Inc.'s stock is trading below its 50-day and 200-day moving averages of $3.11 and $2.99, respectively. Register with AAA Research Reports and download research on SONS for free at:

http://www.AAAResearchReports.com/SONS121113.pdf

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SOURCE AAA Research Reports

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