Technical Data on IT Services Stocks -- Research on Automatic Data Processing, Sabre, Cognizant Technology Solutions, and International Business Machines

LONDON, June 25, 2014 /PRNewswire/ --

The US markets on Tuesday, June 24, 2014 ended on a negative note as the Dow Jones Industrial Average finished at 16,818.13, down 0.70% and the NASDAQ Composite closed at 4,350.36, down 0.42%. The S&P 500 finished the session 0.64% lower at 1,949.98. During the trading session, eight out of ten sectors finished on a lower note. The S&P 500 Information Technology Sector Index ended the day at 625.19, down 0.51%, whereas the index has advanced 4.91% in the previous three months. Investor-Edge has initiated coverage on the following equities: Automatic Data Processing Inc. (NASDAQ: ADP), Sabre Corp. (NASDAQ: SABR), Cognizant Technology Solutions Corp. (NASDAQ: CTSH) and International Business Machines Corp. (NYSE: IBM). Free technical research on ADP, SABR, CTSH and IBM can be downloaded upon signing up at:

http://www.investor-edge.com/4179-register

On Tuesday, shares in Automatic Data Processing Inc. recorded a trading volume of 1.04 million shares, lower than its three months average volume of 1.66 million shares. The stock ended the day at $79.06, which was 0.20% below its previous day's closing of $79.22, and registered an intraday range of $78.85 and $79.63. Shares of the company traded at a PE ratio of 25.98. Although Automatic Data Processing Inc.'s stock has lost 2.15% on YTD basis, it has advanced 0.76% in the previous three trading sessions and 0.27% in the last one month. The company's stock is trading above its 50-day and 200-day moving averages of $77.82 and $76.94, respectively. Furthermore, shares of Automatic Data Processing Inc. have a Relative Strength Index (RSI) of 54.94. Sign up today to read free research on ADP at:

http://www.investor-edge.com/4179-ADP-25Jun2014.pdf

Sabre Corp.'s stock finished the Tuesday's session 2.33% lower at $19.29. A total of 0.82 million shares traded as the stock vacillated between $19.10 and $19.88 during the session. Over the previous three trading sessions, Sabre Corp.'s shares have lost 5.90%. However, the company's stock has gained 12.87% in the last one month. Further, the company's stock has an RSI of 65.53. Sign up today to read free research on SABR at:

http://www.investor-edge.com/4179-SABR-25Jun2014.pdf

On Tuesday, shares in Cognizant Technology Solutions Corp. fluctuated between $48.92 and $50.00 before ending the session 0.63% lower at $49.06. The stock reported a trading volume of 2.67 million shares, below its three months average volume of 3.77 million shares. Shares of the company traded at a PE ratio of 22.94. Cognizant Technology Solutions Corp.'s shares have advanced 0.22% in the previous three trading sessions and 0.90% in the last one month, while the stock has fallen by 2.83% on YTD basis. The stock is trading above its 50-day and 200-day moving averages $48.47 and $47.39, respectively. Moreover, shares of Cognizant Technology Solutions Corp. have an RSI of 57.26. Sign up today to read free research on CTSH at:

http://www.investor-edge.com/4179-CTSH-25Jun2014.pdf

Shares in International Business Machines Corp. edged 0.69% lower to close the day at $180.88. The stock recorded a trading volume of 3.88 million shares, below its three months average volume of 4.57 million shares. The company shares oscillated between $180.65 and $183.00 during the session. Over the last three trading sessions and over the past one month, International Business Machines Corp.'s shares have fallen by 1.06% and 2.72%, respectively. Further, the stock has lost 3.57% since the start of this year. The stock is trading below its 50-day and 200-day moving averages. International Business Machines Corp.'s 50-day moving average of $188.05 is above its 200-day moving average of $184.79. Additionally, the stock traded at a PE ratio of 11.38 and has an RSI of 40.72. Sign up today to read free research on IBM at:

http://www.investor-edge.com/4179-IBM-25Jun2014.pdf


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