Technical Snapshot - Communication Equipment Stocks: Alcatel-Lucent, QUALCOMM, Ericsson, and Ciena

LONDON, March 11, 2014 /PRNewswire/ --

On Monday, March 11, 2014, the NASDAQ Composite ended at 4,334.45, down 0.04%, the Dow Jones Industrial Average fell 0.21% to 16,418.68, and the S&P 500 closed at 1,877.17, down 0.05%. The losses were broad based with six of ten sectors edging lower. The S&P 500 Information Technology Sector Index finished the day at 597.11, down 0.12%, while the same has gained 3.36% in the last one month. Investor-Edge.com has initiated coverage on the following equities: Alcatel-Lucent S.A. (NYSE: ALU), QUALCOMM Inc. (NASDAQ: QCOM), Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC). and CIENA Corporation (NYSE: CIEN). Free research on these four companies can be accessed at:  

http://investor-edge.com/register

On Monday, Alcatel-Lucent S.A.'s stock advanced 0.24% to finish the session at $4.13. The stock recorded trading volume of 6.37 million shares as compared to a three months average volume of 10.49 million shares. The stock fluctuated between $4.08 and $4.17 during the session. Alcatel-Lucent S.A.'s shares have fallen by 2.36% in the previous three trading sessions, 5.49% in the last one month, and 6.14% on YTD basis. The company's shares are trading above its 200-day moving average. The company's 50-day moving average of $4.25 is above the 200-day moving average of $3.25. Moreover, the stock is trading at the Relative Strength Index (RSI) of 43.36. Sign up and read the free notes on ALU at:

http://www.Investor-Edge.com/03112014/ALU/report.pdf

QUALCOMM Inc.'s stock saw a trading of 7.69 million shares, as compared with a three months average volume of 9.58 million shares. The stock ended the day at $77.07, up 0.36%, and after vacillating between $76.55 and $77.07 during the session. Shares of the company traded at a PE ratio of 19.62. QUALCOMM's shares have advanced 0.52% in the previous three trading sessions, 3.19% in the last one month, and 3.80% on YTD basis. The stock is trading above its 50-day and 200-day moving averages. The company's 50-day moving average of $74.43 is above the 200-day moving average of $68.74. Furthermore, the stock is trading at the Relative Strength Index (RSI) of 59.96. The complimentary notes on QCOM can be downloaded as in PDF format at:

http://www.Investor-Edge.com/03112014/QCOM/report.pdf

On Monday, shares in Telefonaktiebolaget LM Ericsson edged lower by 0.31% to close at $12.97. A total of 9.41 million shares were traded, which is above the three months average volume of 4.02 million. The company's shares oscillated between $12.89 and $12.99 during the session. The company's shares have fallen by 0.23% in the previous three trading sessions, but they advanced 4.09% in the last one month and 5.96% on YTD basis. The stock is trading above its 50-day and 200-day moving averages of $12.30, each. Furthermore, the company's shares are trading at the Relative Strength Index (RSI) of 62.01. Register for free on Investor-Edge and access the latest research on ERIC at:

http://www.Investor-Edge.com/03112014/ERIC/report.pdf

CIENA Corp.'s stock recorded a trading volume of 4.88 million shares, as compared with a three months average volume of 3.86 million shares. The stock ended the day at $23.32, down 3.04%, after oscillating between $23.14 and $23.99 during the session. CIENA Corp.'s shares have advanced 2.51% in the last one month, while the same declined by 8.04% in the previous three trading sessions and 2.55% on YTD basis. The stock is trading above its 200-day moving average. CIENA Corp.'s 50-day moving average of $23.60 is above the 200-day moving average of $22.63. Additionally, shares of the company are trading at the Relative Strength Index (RSI) of 48.29. The complete research on CIEN is available for free at:

http://www.Investor-Edge.com/03112014/CIEN/report.pdf

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