Pre-Market Analysis: Vale S.A., Alpha Natural Resources Inc., Molycorp Inc., and Arch Coal Inc.
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LONDON, November 25, 2013 /PRNewswire/ --
The U.S. equity market advanced on Friday, November 22, 2013. The S&P 500 ended the day at 1,804.76, up 0.50%; the Dow Jones Industrial Average closed at 16,064.77, up 0.34%; and the NASDAQ Composite finished at 3,991.65, up 0.57%. Shares in the industrial metals and minerals industry mostly ended on a positive note, tracking gains in the broader market. The major movers in the industry included Vale SA (NYSE: VALE), Alpha Natural Resources Inc. (NYSE: ANR), Molycorp Inc. (NYSE: MCP), and Arch Coal Inc. (NYSE: ACI). All these companies are tracked by AAAResearchReports.com. Free technical research on VALE, ANR, MCP, and ACI can be downloaded upon signing up at:
http://www.aaaresearchreports.com/register/
On Friday, Vale S.A.'s stock rose 1.58%, tracking gains in the US equity market. The company's shares oscillated between $15.25 and $15.57 before closing the day at $15.46. A total of 15.59 million shares were traded, which is below the daily average volume of 18.04 million. The company's shares have gained 0.59% in the previous three months, underperforming the S&P 500, which has gained 8.49% during the same period. Despite Friday's gains, Vale S.A.'s stock is trading below its 50-day and 200-day moving averages of $15.59 and $15.99, respectively. Sign up and read the complimentary report on VALE at:
http://www.AAAResearchReports.com/VALE112513.pdf
Alpha Natural Resources Inc.'s stock gained 1.45% on Friday, closing the day at $7.00 after oscillating between $6.80 and $7.14 during the trading session. A total of 12.07 million shares were traded, which is above the daily average volume of 10.93 million. The company's shares have gained 10.41% in the previous three months, outperforming the S&P 500, which has gained 8.49% during the same period. Additionally, Alpha Natural Resources Inc.'s stock is trading above its 50-day moving average of $6.65. The free report on ANR can be downloaded by signing up now at:
http://www.AAAResearchReports.com/ANR112513.pdf
Shares in Molycorp Inc. edged 0.43% lower on Friday, closing the day at $4.67. The company's shares oscillated between $4.58 and $4.73 during the trading session. A total of 2.93 million shares were traded, which is below the daily average volume of 7.12 million. The company's shares have advanced 0.43% in the previous three trading sessions, underperforming the S&P 500, which has gained 0.94% during the same period. However, Molycorp Inc.'s stock is trading below its 50-day moving average of $5.85. A free report on MCP can be accessed by registering at:
http://www.AAAResearchReports.com/MCP112513.pdf
On Friday, Arch Coal Inc.'s stock advanced 0.74%, tracking gains in the broader market. The company's shares oscillated between $4.03 and $4.20 before closing the day at $4.11. A total of 5.70 million shares were traded, which is below the daily average volume of 8.72 million. The company's shares have gained 0.24% in the previous one month, underperforming the S&P 500, which has advanced 2.56% during the same period. Further, Arch Coal Inc.'s stock is trading below its 50-day and 200-day moving averages of $4.25 and $4.65, respectively. Register with AAA Research Reports and download research on ACI for free at:
http://www.AAAResearchReports.com/ACI112513.pdf
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