StockCall Scrutinizes eBay, Amazon.com, Liquidity Services, and Mercadolibre
LONDON, March 13, 2013 /PRNewswire/ --
With S&P ending 0.24 percent down at 1,552.48 on Tuesday, the market broke its continuous upward streak. However, the main pullback was seen in the technology and financial sectors, while the services sector remained relatively strong on the back of encouraging job data. NASDAQ also closed lower at 3,242.32, down 0.32 percent, while The Dow Jones remained in the green zone with a 0.02 percent gain closing at 14,450.06. Our research team took a look at Services sector, more precisely at the Catalog & Mail Order Houses industry which includes major companies like eBay Inc. (NASDAQ: EBAY), Amazon.com Inc. (NASDAQ: AMZN), Liquidity Services Inc. (NASDAQ: LQDT), and Mercadolibre Inc. (NASDAQ: MELI). StockCall reviewed the Catalog & Mail Order Houses industry and chose EBAY, AMZN, LQDT, and MELI for its technical coverage. These free reports can be seen for free at
http://www.stockcall.com/signup
eBay Inc.'s stock closed at $52.96, 0.38 percent up yesterday. The stock traded in the range of $50.90 and $53.10 during the session, and it is currently above its 50-day moving average price of $52.92. eBay gained 6.32 percent so far in 2013. Its Price/Earnings ratio is 26.61. The company's stock is in a bullish phase and its first resistance level is at $53.35. On the downside, its first support is at $52.54. Upon breaching this level, its second support level is at $52.11. The online company traded 16.09 million shares, in comparison to its usual trading volume of 8.34 million. Download the free research on EBAY by signing up now at
http://www.StockCall.com/EBAY031313.pdf
Amazon.com Inc. is up 1.07 percent for the year. It has gained 48.73 percent in the past 52 weeks. The stock closed 1.07 percent higher at $274.13 on volume of 3.25 million shares on Tuesday. Its average trading volume stands at 4.03 million shares. Amazon.com's shares currently face resistance at around $283.99. The stock has support at around $273.08. It is currently trading above its 20-day and 50-day moving averages, which is a bullish signal. The stock has beta of 0.84 and it has traded in the range of $180.30 and $284.72 in the past 52 weeks. Register for today's free analysis on AMZN at
http://www.StockCall.com/AMZN031313.pdf
Despite the upward move shown by broad market indices, Liquidity Services Inc.'s stock finished 0.7 percent lower at $31.26, with volume down from daily average of 907k to 398k shares. Liquidity Services stock is down so far in 2013 with its year-to-date loss at 21.67 percent. However, the stock currently shows a neutral trend which is further confirmed by the stock's MACD chart. The company has its first support level at $31.05. In the coming trading sessions, the stock is likely to go as high as $32.49. Liquidity Services has a P/E ratio of 22.33. Free report on LQDT can be accessed by registering at
http://www.StockCall.com/LQDT031313.pdf
Mercadolibre Inc.'s stock declined in its latest trading session. On Tuesday, the stock closed 0.73 percent lower at $94.66 with 332,000 share volume. Despite the downward move, the stock is still up more than 22.3 percent for the year. In the past 52 weeks, Mercadolibre is down 1.4 percent. The stock currently has support at $91.62 level. The stock's MACD chart shows a neutral trend. The company may face its first resistance level at $99.90. Upon breaching this level, the stock may go as high as $100.50. Mercadolibre trades at P/E ratio of 44.86 and its beta stands at 1.80. Register with StockCall and download the research on MELI for free at
http://www.StockCall.com/MELI031313.pdf
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