Technical Data on Software Stocks -- Research on SolarWinds, Intuit, Varonis Systems, and FleetMatics
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LONDON, May 20, 2014 /PRNewswire/ --
On Monday, May 19, 2014, the NASDAQ Composite ended at 4,125.82, up 0.86%, the Dow Jones Industrial Average finished the day 0.12% higher at 16,511.86, and the S&P 500 closed at 1,885.08, up 0.38%. The gains were broad based as seven out of ten sectors ended the session in positive. The S&P 500 Information Technology Sector Index ended the day at 601.57, up 0.83%, with the index also advancing 2.29% in the last one month. Investor-Edge has initiated coverage on the following equities: SolarWinds Inc. (NYSE: SWI), Intuit Inc. (NASDAQ: INTU), Varonis Systems Inc. (NASDAQ: VRNS) and FleetMatics Group PLC (NYSE: FLTX). Free technical research on SWI, INTU, VRNS and FLTX can be downloaded upon signing up at:
http://www.investor-edge.com/2760-register
On Monday, SolarWinds Inc.'s stock recorded a trading volume of 0.35 million shares, lower than its three months average volume of 0.81 million shares. The stock ended the day at $38.04, which was 0.93% above its previous day's closing of $37.69, and registered an intraday range of $37.55 and $38.36. Shares of the company traded at a PE ratio of 33.07. Although, SolarWinds Inc.'s shares have lost 11.00% in the last one month, it has gained 1.06% in the previous three trading sessions and 0.56% on YTD basis. The company's stock is trading below its 50-day and 200-day moving averages of $41.89 and $38.84, respectively. Furthermore, shares of the company have a Relative Strength Index (RSI) of 35.19. Sign up today to read free research on SWI at:
http://www.investor-edge.com/2760-SWI-20May2014.pdf
Intuit Inc.'s stock finished Monday's session 2.07% higher at $77.07. A total of 2.27 million shares were traded, which was above its three months average volume of 1.77 million shares. The stock moved between $75.32 and $77.16 during the session. Intuit Inc.'s stock has gained 4.11% in the last one month, 4.97% in the previous three months and 0.98% on YTD basis. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $76.72 is greater than its 200-day moving average of $72.29. Intuit Inc.'s stock traded at a PE ratio of 33.17 and has an RSI of 51.04. Sign up today to read free research on INTU at:
http://www.investor-edge.com/2760-INTU-20May2014.pdf
On Monday, shares in Varonis Systems Inc. fluctuated between $21.13 and $24.61 before ending the session 14.70% higher at $24.46. A total of 0.26 million shares were traded during the trading sessions. Varonis Systems Inc.'s shares have surged 17.07% in the previous three trading sessions. However, it has declined 13.40% in the last one month. The stock is trading below its 50-day moving average of $32.02. Moreover, shares of the company have an RSI of 38.95. Sign up today to read free research on VRNS at:
http://www.investor-edge.com/2760-VRNS-20May2014.pdf
Shares in FleetMatics Group PLC declined 2.24%, to close the day at $26.20. The stock recorded a trading volume of 0.74 million shares, above its three months average volume of 0.59 million shares. The stock oscillated between $26.17 and $27.60 during the session. Over the past three trading sessions and over the last one month, FleetMatics Group PLC's shares have plummeted 4.20% and 19.11%, respectively. Additionally, the stock has lost 39.42% since start of this year. The stock is trading below its 50-day and 200-day moving averages. Further, the stock's 200-day moving average of $37.36 is greater than its 50-day moving average of $31.75. Additionally, the stock traded at a PE ratio of 30.28 and has an RSI of 32.20. Sign up today to read free research on FLTX at:
http://www.investor-edge.com/2760-FLTX-20May2014.pdf
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