Pre-Market Review of Top Gainers -- Research on ChannelAdvisor, Nationstar Mortgage Holdings, Noranda Aluminum Holding, and MercadoLibre
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LONDON, April 10, 2014 /PRNewswire/ --
The US markets saw a positive sentiment on Wednesday, April 09, 2014, with the NASDAQ Composite closing at 4,183.90, up 1.72%, the Dow Jones Industrial Average ending the session at 16,437.18, up 1.11%, and the S&P 500 gained 1.09% to finish the trading session at 1,872.18. The gains were broad based as eight out of ten sectors posted gains. A number of stocks saw large movements, including ChannelAdvisor Corp. (NYSE: ECOM), Nationstar Mortgage Holdings Inc. (NYSE: NSM), Noranda Aluminum Holding Corp. (NYSE: NOR) and MercadoLibre Inc. (NASDAQ: MELI). Free technical research on ECOM, NSM, NOR and MELI can be downloaded upon signing up at:
http://www.investor-edge.com/1027-register
On Wednesday, shares in ChannelAdvisor Corp. ended the session at $34.44, up 8.17%. A total of 1.01 million shares were traded as compared with its three months average volume of 0.55 million shares. During the session, the stock traded between $31.56 and $34.58. ChannelAdvisor Corp.'s shares have surged 10.07% in the previous three trading sessions, while the same has fallen by 28.86% in the last one month and 17.43% on YTD basis. The S&P 500 Information Technology Sector Index mapped a gained of 1.56% during the trading session, and the same has charted up 1.65% in the previous three trading sessions. Further, the company's stock has a Relative Strength Index (RSI) of 25.52 and is trading below its 50-day and 200-day moving averages of $41.39 and $34.82, respectively. Sign up today to read free research on ECOM at:
http://www.investor-edge.com/1027-ECOM-10Apr2014.pdf
Nationstar Mortgage Holdings Inc.'s stock surged 6.40% on Wednesday, finishing the session at $32.60. The stock fluctuated between $30.64 and $32.75 during the session with a trading volume of 0.91 million shares as compared with its three months average volume of 1.37 million shares. Shares in Nationstar Mortgage Holdings Inc. have gained 6.99% in the previous three trading sessions and 3.33% in the last one month, while the same have declined 11.80% on YTD basis. The S&P 500 Financials Sector Index mapped a gain of 0.86% during the trading session, while the same has declined 1.21% in the last one month. Furthermore, the company's stock has an RSI of 47.19 and is trading above its 50-day moving average of $30.13. Sign up today to read free research on NSM at:
http://www.investor-edge.com/1027-NSM-10Apr2014.pdf
Shares in Noranda Aluminum Holding Corp. closed the session at $4.40, which is 5.01% higher than the previous day's closing price of $4.19. The stock oscillated between $4.19 and $4.45 during the trading session with a trading volume of 0.97 million shares, which is above its three months average volume of 0.85 million shares. Shares in Noranda Aluminum Holding Corp. have fallen by 0.68% in the previous three trading sessions and 12.52 % in the last one month, but the same have gained 33.74% on YTD basis. The S&P 500 Materials Sector Index mapped a gain of 1.52% during the trading session and 4.43% in the previous three months. Moreover, the company's stock has an RSI of 49.54 and is trading above its 50-day and 200-day moving averages of $4.01 and $3.17, respectively. Sign up today to read free research on NOR at:
http://www.investor-edge.com/1027-NOR-10Apr2014.pdf
On Wednesday, MercadoLibre Inc.'s stock surged 7.40%, finishing the session at $91.77. The stock fluctuated between $85.01 and $91.98 during the session with a trading volume of 0.83 million shares as compared with its three months average volume of 0.87 million shares. The company's shares were traded at a PE ratio of 32.89. Shares in MercadoLibre Inc. have gained 2.94% in the previous three trading sessions, while the same have declined 9.30% in the last one month and 14.86% on YTD basis,. The S&P 500 Information Technology Sector Index mapped a gain of 1.56% during the trading session and 3.33% in the previous three months. Additionally, the company's stock has an RSI of 32.26 and is trading below its 50-day and 200-day moving averages of $95.55 and $111.87, respectively. Sign up today to read free research on MELI at:
http://www.investor-edge.com/1027-MELI-10Apr2014.pdf
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