Technical Recap on Chemicals Equities - Dow Chemical, Huntsman, FMC Corp., Eastman Chemical, and LyondellBasell Industries
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LONDON, September 29, 2014 /PRNewswire/ --
The US markets on Friday, September 26, 2014, ended on a positive note as the Dow Jones Industrial Average finished at 17,113.15, up 0.99% and the NASDAQ Composite closed at 4,512.19, up 1.02%. The S&P 500 finished the session 0.86% higher at 1,982.85. During the trading session, all the ten sectors finished on a higher note. The S&P 500 Materials Sector Index ended the day at 317.78, up 0.88%, with the index advancing 1.84% in the previous three months. Investor-Edge has initiated coverage on the following equities: The Dow Chemical Company (NYSE: DOW), Huntsman Corporation (NYSE: HUN), FMC Corporation (NYSE: FMC), Eastman Chemical Corporation (NYSE: EMN), and LyondellBasell Industries N.V. (NYSE: LYB). Free research on these five companies can be accessed at:
http://investor-edge.com/register
On Friday, The Dow Chemical Co.'s stock gained 1.54%, to close the day at $53.57. The stock recorded a trading volume of 10.30 million shares, above its three months average volume of 6.76 million shares. The company's shares oscillated between $52.78 and $53.67 during the session. Over the last three trading sessions and over the past three months, The Dow Chemical Co.'s shares have advanced 1.48% and 3.80%, respectively. Further, the stock has gained 20.65% since the start of this year. The stock is trading above its 50-day and 200-day moving averages. The Dow Chemical Co.'s 50-day moving average of $52.93 is above its 200-day moving average of $49.39. Additionally, the stock traded at a PE ratio of 19.09 and has a Relative Strength Index (RSI) of 53.18. Sign up and read the free notes on DOW at:
www.Investor-Edge.com/DOW-29Sep2014
On Friday, shares in Huntsman Corp. recorded a trading volume of 1.66 million shares, lower than its three months average volume of 2.51 million shares. The stock ended the day at $26.85, which was 0.71% above its previous day's closing of $26.66, and registered an intraday range of $26.56 and $26.95. Shares of the company traded at a PE ratio of 14.54. Although Huntsman Corp.'s stock has fallen by 0.67% in the previous three trading sessions and 4.11% in the last three months, it has advanced 9.15% on YTD basis. The stock is trading above its 200-day moving average of $25.45, which is below the 200-day moving average of $27.25. Furthermore, shares of Huntsman Corp. have an RSI of 43.05. The complimentary notes on HUN can be downloaded as in PDF format at:
www.Investor-Edge.com/HUN-29Sep2014
FMC Corp.'s stock edged 0.26% higher to end Friday's session at $58.22. The stock recorded a trading volume of 1.10 million shares, below its three months average volume of 1.22 million shares. The company's shares fluctuated between $58.05 and $58.45 during the session. Shares of the company traded at a PE ratio of 16.21. FMC Corp.'s shares have lost 22.85% since the beginning of 2014. Further, the stock has fallen by 3.02% over the previous three trading sessions and 11.97% in the last one month. The stock is trading below its 50-day and 200-day moving averages. FMC Corp.'s 200-day moving average of $72.22 is above its 50-day moving average of $64.89. Additionally, the stock has an RSI of 17.61. Register for free on Investor-Edge and access the latest research on FMC at:
www.Investor-Edge.com/FMC-29Sep2014
On Friday, shares in Eastman Chemical Co. fluctuated between $82.04 and $82.82 before ending the session 0.55% higher at $82.67. The stock reported a trading volume of 0.71 million shares, lower than its three months average volume of 1.24 million shares. Shares of the company traded at a PE ratio of 12.64. Eastman Chemical Co.'s shares have fallen by 5.42% in the previous three months, while the stock has advanced 0.27% in the last one month and 2.44% on YTD basis. The stock is trading at par with its 50-day moving average, which is below its 200-day moving average of $83.61. Moreover, shares of Eastman Chemical Co. have an RSI of 47.94. The complete research on EMN is available for free at:
www.Investor-Edge.com/EMN-29Sep2014
LyondellBasell Industries N.V.'s stock finished Friday's session 2.90% higher at $113.25. A total of 2.62 million shares were traded, which was above its three months average volume of 2.48 million shares. The stock vacillated between $110.25 and $113.65 during the session. Over the last three trading sessions and over the previous three months, LyondellBasell Industries N.V.'s shares have advanced 2.67% and 16.91%, respectively. Additionally, from the beginning of 2014, the stock has gained an upside of 41.07%. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $110.29 is greater than its 200-day moving average of $94.62. LyondellBasell Industries N.V.'s stock traded at a PE ratio of 15.09 and has an RSI of 55.14. Free in depth research on LYB is available at:
www.Investor-Edge.com/LYB-29Sep2014
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