Technical Briefing: Ford Motor, Tesla Motors, General Motors, and Tata Motors
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LONDON, August 9, 2013 /PRNewswire/ --
The US equity market advanced on Thursday, August 8, 2013. All three benchmark indexes ended higher, with the Dow Jones Industrial Average closing at 15,498.32, up 0.18%; the S&P 500 ending at 1,697.48, gaining 0.39%; and the NASDAQ composite gaining 0.41% to close at 3,669.12. Shares in major automobile manufacturers ended on a higher note, tracking gains in the broader market. The major movers in the industry included Ford Motor Company (NYSE: F), Tesla Motors Inc. (NSADAQ: TSLA), General Motors Company (NYSE: GM), and Tata Motors Ltd. (NYSE:TTM). All these companies are tracked by AAAResearchReports.com. Free technical research reports on F, TSLA, GM, and TTM can be accessed by signing up at:
http://www.aaaresearchreports.com/register/
Shares in Ford Motor Company rose sharply on Thursday, tracking gains in the broader market. The company's shares ended the day 1.25% higher at $16.98 after oscillating between $16.87 and $17.03. A total of 26.60 million shares were traded, which is below the daily average volume of 41.72 million. The stock has gained 19.49% in the last three months, edging closer to its 52-week high of $17.68. Download free report on F upon registration at:
http://www.AAAResearchReports.com/F080913.pdf
Tesla Motors Inc.'s stock rallied on Thursday. The company's shares reached their 52-week high of $158.88 before closing the day 14.34% higher at $153.48. A total of 27.24 million shares were traded, which is well above the daily average volume of 11.94 million. The stock has gained 6.08% in the last three trading sessions and 175.12% in the last three months, significantly outperforming the S&P 500. TSLA technical report can be accessed for free by signing up at:
http://www.AAAResearchReports.com/TSLA080913.pdf
General Motors Company's stock moved higher on Thursday, reversing some of its recent losses. The company's shares oscillated between $35.57 and $36.11 closing at $36.01, up 1.49%. A total of 14.46 million shares were traded, which is marginally below the daily average volume of 14.57 million. The company's shares are up 12.25% in the last three months, outperforming the S&P 500 which has gained 3.97% during the same period. A free report on GM can be accessed by registering at:
http://www.AAAResearchReports.com/GM080913.pdf
Shares in Tata Motors Ltd. surged 4.64% to close at $23.67 after vacillating between $23.15 and $23.79. A total of 1.61 million shares were traded, which is above the daily average volume of 1.27 million. Despite Thursday's gains, the stock is down 15.07% in the last three months and is trading below its 50-day and 200-day moving averages. Register with AAA Research Reports and download research on TTM for free at:
http://www.AAAResearchReports.com/TTM080913.pdf
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SOURCE AAA Research Reports
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