Technical Notes Covering Active Equities -- Research on MGM Resorts, Trina Solar, Tesla Motors, and Williams Cos
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LONDON, May 16, 2014 /PRNewswire/ --
The markets on Thursday, May 15, 2014 ended on a negative note as the Dow Jones Industrial Average finished at 16,446.81, down 1.01% and the NASDAQ Composite closed at 4,069.29, down 0.76%. The S&P 500 edged 0.94% lower to finish the day at 1,870.85. The losses were broad based as nine out of ten sectors ended the session in negative. During the session, Materials, Energy and Financials sectors ended in negative, while some positive momentum was observed in the Telecommunication Services sector. Investor-Edge looks at some of the equities which attracted the most attention and traded the most shares during the session. These include MGM Resorts International (NYSE: MGM), Trina Solar Ltd (NYSE: TSL), Tesla Motors Inc. (NASDAQ: TSLA) and The Williams Companies Inc. (NYSE: WMB). Free technical research on MGM, TSL, TSLA and WMB can be downloaded upon signing up at:
http://www.investor-edge.com/2633-register
On Thursday, MGM Resorts International's stock closed the day at its previous day's closing price of $24.21. The stock recorded a trading volume of 7.70 million shares, below its three months average volume of 10.36 million shares. The stock oscillated between $23.54 and $24.38 during the session. Although, MGM Resorts International's shares have fallen by 1.55% in the previous three trading sessions, it has advanced 3.20% in the last one month and 2.93% on YTD basis. The S&P 500 Consumer Discretionary Sector Index edged 0.70% higher in the last one month, while the S&P 500 Index advanced 1.51% during the same period. The stock is trading above its 200-day moving average of $22.22, while the 200-day moving average is below the company's 50-day moving average of $25.42. Moreover, shares of the company traded at a PE ratio of 65.43 and have a Relative Strength Index (RSI) of 44.83. Sign up today to read free research on MGM at:
http://www.investor-edge.com/2633-MGM-16May2014.pdf
Shares in Trina Solar Ltd traded between $10.16 and $11.14 before ending the day 5.19% lower at $10.60. The company's stock reported a trading volume of 5.77 million shares on Thursday, which was above its three months average volume of 5.26 million shares. Trina Solar Ltd's shares have plummeted 8.86% in the previous three trading sessions, 7.83% in the last one month and 22.46% on YTD basis. The S&P 500 Information Technology Sector Index advanced 1.55% in the last one month, while the S&P 500 Index gained 1.51% during the same period. The stock is trading below its 50-day and 200-day moving averages of $13.37 and $13.47, respectively. Additionally, the company's stock has an RSI of 43.29. Sign up today to read free research on TSL at:
http://www.investor-edge.com/2633-TSL-16May2014.pdf
On Thursday, Tesla Motors Inc.'s stock recorded a trading volume of 6.03 million shares, which was below its three months average volume of 9.14 million shares. The stock finished the day at $188.59, which was 1.06% lower than its previous day's closing, and registered an intraday range of $185.30 and $192.66. Although Tesla Motors Inc.'s shares have fallen by 2.74% in the last one month, it has gained 2.12% in the last three trading sessions and 25.37% since start of this year. The S&P Consumer Discretionary Sector Index gained 0.70% in the last one month, while the NASDAQ Composite Index advanced 0.87% during the same period. Tesla Motors Inc.'s stock is trading above its 200-day moving average. Moreover, the stock's 50-day moving average of $214.70 is greater than its 200-day moving average of $177.29. Furthermore, shares of the company have an RSI of 42.37. Sign up today to read free research on TSLA at:
http://www.investor-edge.com/2633-TSLA-16May2014.pdf
The Williams Cos. Inc.'s stock closed Thursday's session 0.35% higher at $45.45. A total of 8.84 million shares were traded, which was above its three months average volume of 5.28 million shares. The stock moved between $44.92 and $45.52 during the session. The Williams Cos. Inc.'s shares have surged 11.67% in the last one month and 11.32% in the previous three months. Additionally, from the beginning of 2014, the company's stock has gained an upside of 17.84%. Share of the company traded at a PE ratio of 55.61. The S&P 500 Energy Sector Index surged 8.92% in the last three months, while the S&P 500 Index has gained 1.75% during the same period. The company's shares are trading above their 50-day and 200-day moving averages of $41.74 and $38.23, respectively. Further, The Williams Cos. Inc.'s stock has an RSI of 72.35. Sign up today to read free research on WMB at:
http://www.investor-edge.com/2633-WMB-16May2014.pdf
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