Technical Recap on Communications Equipment Equities -- Research on JDS Uniphase, Ericsson, Motorola Solutions, and Riverbed Technology
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LONDON, May 29, 2014 /PRNewswire/ --
On Wednesday, May 28, 2014, the NASDAQ Composite ended at 4,225.08, down 0.28%, the Dow Jones Industrial Average finished the day 0.25% lower at 16,633.18, and the S&P 500 closed at 1,909.78, down 0.11%. During the session five out of ten sectors ended in negative. The S&P 500 Information Technology Sector Index ended the day at 613.97, down 0.34%, while the index has advanced 3.81% in the last one month. Investor-Edge has initiated coverage on the following equities: JDS Uniphase Corporation (NASDAQ: JDSU), Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC), Motorola Solutions Inc. (NYSE: MSI) and Riverbed Technology Inc. (NASDAQ: RVBD). Free technical research on JDSU, ERIC, MSI and RVBD can be downloaded upon signing up at:
http://www.investor-edge.com/3164-register
On Wednesday, JDS Uniphase Corp.'s stock recorded a trading volume of 6.42 million shares, higher than its three months average volume of 4.13 million shares. The stock finished the day at $11.16, up 2.20%, and registered an intraday range of $11.02 and $11.42. JDS Uniphase Corp.'s shares have advanced 3.43% in the past three trading sessions. However, the stock has lost 12.54% in the last one month and 14.05% on YTD basis. Furthermore, the company's stock is trading below its 50-day and 200-day moving averages. The stock's 200-day moving average of $13.26 is above its 50-day moving average of $12.66. Additionally, Shares of the company traded at a PE ratio of 21.11 and have a Relative Strength Index (RSI) of 36.56. Sign up today to read free research on JDSU at:
http://www.investor-edge.com/3164-JDSU-29May2014.pdf
Shares in Telefonaktiebolaget LM Ericsson fell by 0.69%, to close Wednesday's session at $12.28, after oscillating between $12.27 and $12.34. The stock recorded a trading volume of 1.74 million shares, below its three months average volume of 4.42 million shares. Over the last one month and from the beginning of 2014, shares in Telefonaktiebolaget LM Ericsson have gone up 3.32% and 0.29%, respectively. However, over the past three months, the company's stock has declined 4.92%. The stock is trading below its 50-day and 200-day moving averages. The company stock's 50-day moving average of $12.66 is above its 200-day moving average of $12.55. Further, the company's stock has an RSI of 49.43. Sign up today to read free research on ERIC at:
http://www.investor-edge.com/3164-ERIC-29May2014.pdf
On Wednesday, Motorola Solutions Inc.'s stock finished the session 0.13% lower at $66.93. A total of 1.77 million shares were traded, which was below its three months average volume of 1.81 million shares. The stock moved between $66.91 and $67.18 during the session. Over the last one month and previous three months, Motorola Solutions Inc.'s shares have gained 6.85% and 1.10%, respectively. However, the stock has declined 0.84% since the start of this year. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $65.17 is greater than its 200-day moving average of $63.40. Motorola Solutions Inc.'s stock traded at a PE ratio of 17.93 and has an RSI of 59.10. Sign up today to read free research on MSI at:
http://www.investor-edge.com/3164-MSI-29May2014.pdf
Riverbed Technology Inc.'s stock fluctuated between $20.04 and $20.47 before ending Wednesday's session down 0.35%, at $20.06. The company's stock reported a trading volume of 1.31 million shares, below its three months average volume of 1.69 million shares. Further, Riverbed Technology Inc.'s shares have advanced 2.03% over the past three trading sessions and 2.09% over the last one month. Also, the stock has surged 10.95% on YTD basis. The stock is trading above its 50-day and 200-day moving averages. The stock's 50-day moving average of $19.52 is greater than its 200-day moving average of $17.89. Moreover, shares of the company traded at a PE ratio of 217.38 and have an RSI of 62.72. Sign up today to read free research on RVBD at:
http://www.investor-edge.com/3164-RVBD-29May2014.pdf
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