Technical Briefing on Equities Reaching New high -- Research on Century Aluminum, Cummins, Mitel Networks, and Dover

LONDON, May 13, 2014 /PRNewswire/ --

The U.S. markets on Monday, May 12, 2014 ended on a positive note as the Dow Jones Industrial Average finished at 16,695.47, up 0.68% and the NASDAQ Composite closed at 4,143.86, up 1.77%. The S&P 500 finished the session 0.97% higher at 1,896.65. During the trading session, eight out of ten sectors finished on a higher note. Investor-Edge looks at some of the equities that hit a new 52-week high during the last session. These include Century Aluminum Company (NASDAQ: CENX), Cummins Inc. (NYSE: CMI), Mitel Networks Corporation (NASDAQ: MITL) and Dover Corporation (NYSE: DOV). Free technical research on CENX, CMI, MITL and DOV can be downloaded upon signing up at:

http://www.investor-edge.com/2458-register

Shares in Century Aluminum Co. ended the day at $14.51, up 5.14%, hitting a new 52-week high of $14.80. A total of 0.73 million shares were traded, which was close to its three months average volume of 0.70 million shares. The stock vacillated between $13.93 and $14.80 during the session. Over the last one month and the previous three months, Century Aluminum Co.'s shares have surged 10.93% and 31.19%, respectively. Moreover, since the beginning of 2014, the stock has gained 38.72%. The S&P 500 Materials Sector Index mapped a gain of 1.29% during the session and the index has gained 4.93% in the last one month. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $13.14 is greater than its 200-day moving average of $10.30. Century Aluminum Co.'s stock has a Relative Strength Index (RSI) of 52.92. Sign up today to read free research on CENX at:

http://www.investor-edge.com/2458-CENX-13May2014.pdf

On Monday, Cummins Inc.'s stock oscillated between $150.52 and $153.49, hitting a new 52-week high of $153.49. Shares in the company advanced 2.25% to end the session at $153.32. The company's stock reported a trading volume of 0.90 million shares, below its three months average volume of 1.45 million shares. Shares of the company traded at a PE ratio of 19.17. Cummins Inc.'s shares have gained 2.51% in the previous three trading sessions, 7.93% in the last one month, and 8.76% on YTD basis. The S&P 500 Industrials Sector Index registered a gain of 1.48% during the session and the index has advanced 5.57% in the last one month. Cummins Inc.'s stock is trading above its 50-day and 200-day moving averages of $145.99 and $135.30, respectively. Moreover, shares of the company have an RSI of 55.71. Sign up today to read free research on CMI at:

http://www.investor-edge.com/2458-CMI-13May2014.pdf

Shares in Mitel Networks Corp. rallied 8.03% on Monday, finishing the day at $11.70, hitting a new 52-week high of $11.94. The stock recorded a trading volume of 0.77 million shares, above its three months average volume of 0.37 million shares. The stock oscillated between $10.98 and $11.94 during the trading session. Over the last three trading sessions and past one month, Mitel Networks Corp.'s shares have surged 20.74% and 31.31%, respectively. Further, the stock has gained 15.96% since the start of this year. The S&P 500 Information Technology Sector Index recorded a gain of 1.48% during the session and the index has advanced 4.43% in the last one month. The stock is trading above its 50-day and 200-day moving averages. Mitel Networks Corp.'s 50-day moving average of $9.74 is above its 200-day moving average of $7.78. Additionally, the stock traded at a PE ratio of 21.67. Sign up today to read free research on MITL at:

http://www.investor-edge.com/2458-MITL-13May2014.pdf

On Monday, Dover Corp.'s stock gained 2.31%, closing the day at $87.23, after hitting a new 52-week high of $87.39. The stock recorded a trading volume of 0.74 million shares, below its three month average volume of 1.41 million shares. Shares of the company traded at a PE ratio of 16.58. Dover Corp.'s shares have advanced 1.48% in the previous three trading sessions, 7.98% in the last one month, and 8.92% on YTD basis. The S&P 500 Industrials Sector Index advanced 1.51% during the previous three trading sessions and 5.59% in the last three months. Dover Corp.'s stock is trading above its 50-day and 200-day moving averages of $82.94 and $76.67, respectively. Furthermore, shares of the company have an RSI of 55.09. Sign up today to read free research on DOV at:

http://www.investor-edge.com/2458-DOV-13May2014.pdf


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EDITOR'S NOTES:
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