Software Stocks Technical Review - MobileIron, VirnetX Holding, CommVault Systems, Gigamon, and ServiceNow
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LONDON, October 21, 2014 /PRNewswire/ --
Investor-Edge has initiated coverage on the following equities: MobileIron Inc. (NASDAQ: MOBL), VirnetX Holding Corporation (NYSE MKT: VHC), CommVault Systems Inc. (NASDAQ: CVLT), Gigamon Inc. (NYSE: GIMO), and ServiceNow Inc. (NYSE: NOW). Free research on these five companies can be accessed at: http://investor-edge.com/register. The US markets on Monday, October 20, 2014, ended on a positive note as the Dow Jones Industrial Average finished at 16,399.67, up 0.12% and the NASDAQ Composite closed at 4,316.07, up 1.35%. The S&P 500 finished the session 0.91% higher at 1,904.01. During the trading session, all the ten sectors finished on a higher note. The S&P 500 Information Technology Sector Index ended the day at 624.47, up 0.67%, with the index advancing 6.66% on YTD basis. Register for your complimentary reports on these five stocks at:
http://investor-edge.com/register
MobileIron Inc.'s stock fell 2.95%, to close the day at $9.20. The stock recorded a trading volume of 0.35 million shares, below its three months average volume of 0.50 million shares. The company's shares oscillated between $9.04 and $9.57 during the session. Over the previous three trading sessions and over the past three months, MobileIron Inc.'s shares have advanced 2.34% and 14.29%, respectively. However, the stock has lost 9.98% in the last one month. The stock is trading below its 50-day moving average of $10.24. Additionally, MobileIron Inc.'s stock has a Relative Strength Index (RSI) of 42.79. Sign up and read the free notes on MOBL at:
http://www.Investor-Edge.com/MOBL-21Oct2014
On Monday, shares in VirnetX Holding Corp. recorded a trading volume of 1.21 million shares, lower than its three months average volume of 1.39 million shares. The stock ended the day at $5.41, which was 15.60% above its previous day's closing of $4.68, and registered an intraday range of $4.61 and $5.56. Although VirnetX Holding Corp.'s stock has rallied 22.12% in the previous three trading sessions, it has declined 64.57% in the last three months and 72.13% on YTD basis. The stock is trading below its 50-day and 200-day moving averages of $10.27 and $14.62, respectively. Furthermore, shares of VirnetX Holding Corp.'s have an RSI of 28.48. The complimentary notes on VHC can be downloaded as in PDF format at:
http://www.Investor-Edge.com/VHC-21Oct2014
CommVault Systems Inc.'s stock gained 1.91% to end Monday's session at $47.96. The stock recorded a trading volume of 0.42 million shares, below its three months average volume of 0.62 million shares. The company's shares fluctuated between $46.22 and $48.00 during the session. Shares of the company traded at a PE ratio of 37.18. CommVault Systems Inc.'s shares have lost 35.94% since the beginning of 2014. Further, the stock has fallen by 7.93% in the last one month and 3.64% over the previous three months. The stock is trading below its 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $57.22 is above its 50-day moving average of $51.72. CommVault Systems Inc.'s shares have an RSI of 40.55. Register for free on Investor-Edge and access the latest research on CVLT at:
http://www.Investor-Edge.com/CVLT-21Oct2014
On Monday, shares in Gigamon Inc. fluctuated between $11.06 and $11.46 before ending the session 1.71% higher at $11.30. The stock reported a trading volume of 0.20 million shares, lower than its three months average volume of 0.45 million shares. Gigamon Inc.'s shares have advanced 2.08% in the last one month, while the stock has lost 7.76% in the previous three months and 59.76% on YTD basis. The stock is trading above its 50-day moving average of $10.86, which is below the 200-day moving average of $19.65. Moreover, shares of Gigamon Inc. have an RSI of 52.98. The complete research on GIMO is available for free at:
http://www.Investor-Edge.com/GIMO-21Oct2014
ServiceNow Inc.'s stock finished Monday's session 1.82% lower at $59.28. A total of 1.05 million shares were traded, which was below its three months average volume of 1.33 million shares. The stock vacillated between $58.93 and $61.13 during the session. Over the previous three trading sessions and over last three months, ServiceNow Inc.'s's shares have gained 3.28% and 3.06%, respectively. Additionally, from the beginning of 2014, the stock has advanced 5.84%. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $59.08 is greater than its 200-day moving average of $58.59. ServiceNow Inc.'s stock has an RSI of 54.55. Free in depth research on NOW is available at:
http://www.Investor-Edge.com/NOW-21Oct2014
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