Technical Coverage on Systems Software Stocks -- Research on MICROS Systems, Oracle, FireEye, and Cheetah Mobile
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LONDON, June 24, 2014 /PRNewswire/ --
On Monday, June 23, 2014, the NASDAQ Composite ended at 4,368.68, up 0.01%, the Dow Jones Industrial Average declined 0.06%, to finish the day at 16,937.26, and the S&P 500 closed at 1,962.61, down 0.01%. The gains were broad based as six out of ten sectors ended the session in positive. The S&P 500 Information Technology Sector Index ended the day at 628.39, up 0.26%, with the index also advancing 5.08% in the previous three months. Investor-Edge has initiated coverage on the following equities: MICROS Systems Inc. (NASDAQ: MCRS), Oracle Corp. (NYSE: ORCL), FireEye Inc. (NASDAQ: FEYE) and Cheetah Mobile Inc. (NYSE: CMCM). Free technical research on MCRS, ORCL, FEYE and CMCM can be downloaded upon signing up at:
http://www.investor-edge.com/4119-register
On Monday, shares in MICROS Systems Inc. traded between $67.80 and $68.04 before ending the session 3.36% higher at $67.98. MICROS Systems Inc.'s stock reported a trading volume of 24.55 million shares, much above to its three months average volume of 0.98 million shares. Shares of the company traded at a PE ratio of 30.43. MICROS Systems Inc.'s shares have surged 29.54% in the last one month, 30.78% in the previous three months and 18.49% on YTD basis. The stock is trading above its 50-day and 200-day moving averages of $53.50 and $53.67, respectively. Moreover, shares of the company have a Relative Strength Index (RSI) of 86.27. Sign up today to read free research on MCRS at:
http://www.investor-edge.com/4119-MCRS-24Jun2014.pdf
On Monday, Oracle Corp.'s stock edged 0.69% higher, to close the day at $41.10. The stock recorded a trading volume of 16.96 million shares, close to its three months average volume of 16.97 million shares. The stock oscillated between $40.75 and $41.33 during the session. Although Oracle Corp.'s shares have lost 3.99% in the previous three trading sessions, it has advanced 9.60% in the last three months and 7.42% on YTD basis. The stock is trading above its 200-day moving average of $37.35, while the 200-day moving average is below Oracle Corp.'s 50-day moving average of $41.30. Additionally, the stock traded at a PE ratio of 16.96 and has an RSI of 38.94. Sign up today to read free research on ORCL at:
http://www.investor-edge.com/4119-ORCL-24Jun2014.pdf
On Monday, shares in FireEye Inc. recorded a trading volume of 5.40 million shares, lower than its three months average volume of 6.77 million shares. The stock ended the day at $39.02, which was 4.16% above its previous day's closing of $37.46, and registered an intraday range of $37.01 and $39.45. Over the last three trading sessions and over the past one month, FireEye Inc.'s shares have gained 2.33% and 16.86%, respectively. However, the stock has lost 10.53% since the start of this year. The company's stock is trading above its 50-day moving average of $36.64. Furthermore, shares of the company have an RSI of 56.56. Sign up today to read free research on FEYE at:
http://www.investor-edge.com/4119-FEYE-24Jun2014.pdf
Cheetah Mobile Inc.'s stock finished the Monday's session 6.74% higher at $23.27. A total of 1.54 million shares were traded during the trading sessions. The stock moved between $20.58 and $23.37 during the session. Cheetah Mobile Inc.'s shares have declined 5.14% in the previous three trading sessions. However, the stock has surged 57.66% in the last one month. The company's stock has an RSI of 61.38. Sign up today to read free research on CMCM at:
http://www.investor-edge.com/4119-CMCM-24Jun2014.pdf
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