Multiline Retail Stocks Technical Briefing -- Research on Macy's, Sears Holdings, Kohl's, and Bon-Ton Stores
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LONDON, May 22, 2014 /PRNewswire/ --
The trading session on Wednesday, May 21, 2014 ended on a higher note as the Dow Jones Industrial Average finished at 16,533.06, up 0.97% and the NASDAQ Composite closed at 4,131.54, up 0.85%. The S&P 500 finished the day 0.81% higher at 1,888.03. The gains were broad based as all the ten sectors finished on a positive note. The S&P 500 Consumer Discretionary Sector Index ended the day 1.16% higher at 508.79, while the index has declined 1.49% in the previous three months. Investor-Edge has initiated coverage on the following equities: Macy's Inc. (NYSE: M), Sears Holdings Corporation (NASDAQ: SHLD), Kohl's Corp. (NYSE: KSS) and Bon-Ton Stores Inc. (NASDAQ: BONT). Free technical research on M, SHLD, KSS and BONT can be downloaded upon signing up at:
http://www.investor-edge.com/2892-register
Macy's Inc.'s stock advanced 0.51% on Wednesday, finishing the session at $56.80. A total of 2.70 million shares were traded, which was below its three months average volume of 4.04 million shares. The stock moved between $56.29 and $56.99 during the session. Shares in Macy's Inc. have fallen by 2.19% in the previous three trading sessions and 0.92% in the last one month. However, the stock has advanced 6.37% from the beginning of 2014. The company's shares are trading below their 50-day moving average. The stock's 50-day moving average of $57.98 is above its 200-day moving average of $51.62. Furthermore, Macy's Inc.'s stock traded at a PE ratio of 13.85 and has a Relative Strength Index (RSI) of 44.93. Sign up today to read free research on M at:
http://www.investor-edge.com/2892-M-22May2014.pdf
On Wednesday, shares in Sears Holdings Corp. recorded a trading volume of 2.38 million shares, above its three months average volume of 1.46 million shares. The stock finished the day at $36.56, which was 3.66% lower its previous day's closing of $37.95, and registered an intraday range of $36.17 and $37.83. Sears Holdings Corp.'s stock has declined 8.92% in the previous three trading sessions and 7.68% in the last one month. Also, the company's shares have fallen by 7.99% on YTD basis. The company's shares are trading below thier 50-day and 200-day moving averages of $39.38 and $39.72, respectively. Moreover, the company's stock has an RSI of 41.30. Sign up today to read free research on SHLD at:
http://www.investor-edge.com/2892-SHLD-22May2014.pdf
Shares in Kohl's Corp. fluctuated between $52.31 and $53.28 before ending Wednesday's session 0.67% higher at $52.70. The company's stock reported a trading volume of 1.79 million shares, which was below its three months average volume of 2.66 million shares. Shares of the company traded at a PE ratio of 13.14. Over the previous three trading sessions and in the last one month, shares in Kohl's Corp. have fallen by 1.05% and 3.43%, respectively. Additionally, the company's stock has lost 7.14% on YTD basis. Kohl's Corp.'s stock is trading below its 50-day and 200-day moving averages of $55.11 and $53.84, respectively. Further, the company's shares have an RSI of 39.16. Sign up today to read free research on KSS at:
http://www.investor-edge.com/2892-KSS-22May2014.pdf
On Wednesday, shares in The Bon-Ton Stores Inc. advanced 3.10%, closing the day at $10.64. The stock recorded a trading volume of 0.54 million shares, above its three months average volume of 0.50 million shares. The company's stock oscillated between $10.30 and $10.78 during the session. Shares in The Bon-Ton Stores Inc. have advanced 5.03% in the previous three trading sessions, while they have declined 3.18% in the last one month and 34.50% since the start of this year. The Bon-Ton Stores Inc.'s shares are trading below their 50-day and 200-day moving averages of $10.76 and $12.36, respectively. Additionally, the company's stock has an RSI of 44.71. Sign up today to read free research on BONT at:
http://www.investor-edge.com/2892-BONT-22May2014.pdf
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