Technical Briefing on Stocks Marking New Milestones -- Research on Intel, Goodrich Petroleum, Skyworks Solutions, and Diamondback Energy
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LONDON, June 3, 2014 /PRNewswire/ --
The US markets on Monday, June 2, 2014 ended on a mixed note as the Dow Jones Industrial Average finished at 16,743.63, up 0.16% and the NASDAQ Composite closed at 4,237.20, down 0.13%. The S&P 500 finished the session 0.07% higher at 1,924.97. During the trading session, six out of ten sectors finished on a higher note. Investor-Edge has initiated coverage on the following equities: Intel Corporation (NASDAQ: INTC), Goodrich Petroleum Corp. (NYSE: GDP), Skyworks Solutions Inc. (NASDAQ: SWKS) and Diamondback Energy Inc. (NASDAQ: FANG). Free technical research on INTC, GDP, SWKS and FANG can be downloaded upon signing up at:
http://www.investor-edge.com/3329-register
Intel Corp.'s stock ended the day at $27.26, down 0.22%, after hitting a new 52-week high of $27.35. A total of 20.24 million shares were traded, which was below its three months average volume of 28.73 million shares. The stock vacillated between $27.12 and $27.35 during the session. Over the last one month and the previous three months, Intel Corp.'s shares have advanced 3.22% and 10.10%, respectively. Moreover, since the beginning of the year, the company's stock has gained 5.03%. The S&P 500 Information Technology Sector Index mapped a loss of 0.18% during the session, while the index has gained 3.56% 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 $26.30 is greater than its 200-day moving average of $24.68. Intel Corp.'s stock has a Relative Strength Index (RSI) of 69.93. Sign up today to read free research on INTC at:
http://www.investor-edge.com/3329-INTC-03Jun2014.pdf
On Monday, Goodrich Petroleum Corp.'s stock oscillated between $27.37 and $30.52, hitting a new 52-week high of $30.52. Shares in the company fell 5.41% to end the session at $27.43. The company's stock reported a trading volume of 3.22 million shares, above its three months average volume of 1.93 million shares. Goodrich Petroleum Corp.'s shares have fallen by 1.33% in the previous three trading sessions, while the stock has gained 10.20% in the last one month and 61.16% on YTD basis. The S&P 500 Energy Sector Index registered a loss of 0.24% during the session, while the index has gained 0.84% in the last one month. Goodrich Petroleum Corp.'s stock is trading above its 50-day and 200-day moving averages of $22.03 and $20.45, respectively. Moreover, shares of the company have an RSI of 75.09. Sign up today to read free research on GDP at:
http://www.investor-edge.com/3329-GDP-03Jun2014.pdf
Shares in Skyworks Solutions Inc. edged 0.55% lower on Monday, finishing the day at $43.07, after hitting a new 52-week high of $44.78. The stock recorded a trading volume of 2.51 million shares, below its three months average volume of 3.16 million shares. The stock oscillated between $42.90 and $44.78 during the trading session. Over the last three trading sessions and past one month, Skyworks Solutions Inc.'s shares have advanced 1.96% and 3.96%, respectively. Further, the stock has gained an upside of 50.81% since the start of this year. The stock is trading above its 50-day and 200-day moving averages. Skyworks Solutions Inc.'s 50-day moving average of $39.39 is above its 200-day moving average of $30.93. Additionally, the stock traded at a PE ratio of 24.69 and has an RSI of 67.94. Sign up today to read free research on SWKS at:
http://www.investor-edge.com/3329-SWKS-03Jun2014.pdf
On Monday, Diamondback Energy Inc.'s stock advanced 0.83%, closing the day at $76.11, hitting a new 52-week high of $78.47. The stock recorded a trading volume of 1.23 million shares, above its three month average volume of 0.93 million shares. Shares of the company traded at a PE ratio of 44.58. Diamondback Energy Inc.'s shares have gained 6.61% in the previous three trading sessions, 3.17% in the last one month, and 43.92% on YTD basis. The S&P 500 Energy Sector Index has advanced 0.37% during the previous three trading sessions, with the index gaining 8.37% in the last three months. Diamondback Energy Inc.'s stock is trading above its 50-day and 200-day moving averages of $70.43 and $55.42, respectively. Furthermore, shares of the company have an RSI of 60.24. Sign up today to read free research on FANG at:
http://www.investor-edge.com/3329-FANG-03Jun2014.pdf
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