Technical Snapshot on Stocks that Reached New Highs -- Research on Harris, BHP Billiton, Orange, and Old Dominion Freight Line
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LONDON, May 15, 2014 /PRNewswire/ --
The markets on Wednesday, May 14, 2014 ended on a lower note as the Dow Jones Industrial Average finished the day at 16,613.97, down 0.61%, and the NASDAQ Composite closed at 4,100.63, down 0.72%. The S&P 500 finished the session 0.47% lower at 1,888.53. During the trading session, five out of ten sectors finished negative. Investor-Edge looks at some of the equities that hit a new 52-week high during the last session. These include Harris Corporation (NYSE: HRS), BHP Billiton PLC (NYSE: BBL), Orange S.A. (NYSE: ORAN) and Old Dominion Freight Line Inc. (NASDAQ: ODFL). Free technical research on HRS, BBL, ORAN and ODFL can be downloaded upon signing up at:
http://www.investor-edge.com/2568-register
Harris Corp.'s stock ended the day at $75.57 on Wednesday, down 0.42%, after hitting a new 52-week high of $76.22. A total of 1.40 million shares were traded, which was above its three months average volume of 0.59 million shares. The stock moved between $75.43 and $76.22 during the session. Over the last one month and past three months, Harris Corp.'s shares have advanced 8.98% and 4.96%, respectively. Moreover, since the beginning of the year, the company's stock has gained an upside of 8.25%. The S&P 500 Information Technology Sector Index recorded a loss of 0.58% during the session, and the index has gained 2.83% in the last one month. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $73.12 is greater than its 200-day moving average of $65.94. Harris Corp.'s stock has a Relative Strength Index (RSI) of 68.51. Sign up today to read free research on HRS at:
http://www.investor-edge.com/2568-HRS-15May2014.pdf
On Wednesday, BHP Billiton PLC's stock oscillated between $66.37 and $67.15, hitting a new 52-week high of $67.15. The company's stock closed the day 0.83% higher at $66.64. The company's stock reported a trading volume of 0.41 million shares, below its three months average volume of 0.55 million shares. BHP Billiton PLC's shares have gained 2.86% in the last one month, 5.48% in the previous three months and 7.28% on YTD basis. The S&P 500 Materials Sector Index mapped a gain of 0.06% during the session, and the index has advanced 4.19% in the last one month. BHP Billiton PLC's stock is trading above its 50-day and 200-day moving averages of $62.96 and $61.00, respectively. Further, shares of the company have a RSI of 62.56. Sign up today to read free research on BBL at:
http://www.investor-edge.com/2568-BBL-15May2014.pdf
Shares in Orange S.A. gained 0.24% on Wednesday, finishing the day at $16.71, after hitting a new 52-week high of $16.88. The stock recorded a trading volume of 0.40 million shares, below its three months average volume of 0.71 million shares. The stock fluctuated between $16.69 and $16.88 during the trading session. Over the last one month and previous three months, shares of Orange S.A. have rallied 11.92% and 32.94%, respectively. Also, the stock has gained 35.30% since the start of this year. The S&P 500 Telecommunication Services Sector Index mapped a gain of 0.51% during the session, and the index has advanced 2.79% in the last one month. The stock is trading above its 50-day and 200-day moving averages. Additionally, Orange S.A.'s 50-day moving average of $14.90 is above its 200-day moving average of $12.87. Furthermore, the stock has an RSI of 74.91. Sign up today to read free research on ORAN at:
http://www.investor-edge.com/2568-ORAN-15May2014.pdf
On Wednesday, shares in Old Dominion Freight Line Inc. closed the day at $61.21, down 0.65%, after hitting a new 52-week high of $61.76. The stock recorded a trading volume of 0.29 million shares, below its three month average volume of 0.52 million shares. Old Dominion Freight Line Inc.'s shares have surged 12.31% in the last one month, 13.44% in the previous three months and 15.45% on YTD basis. The S&P 500 Industrials Sector Index finished the session down 0.83%, and the index has advanced 4.30% in the last one month. Old Dominion Freight Line Inc.'s stock is trading above its 50-day and 200-day moving averages of $57.01 and $51.13, respectively. Furthermore, shares of the company traded at a PE ratio of 24.93 and have an RSI of 70.41. Sign up today to read free research on ODFL at:
http://www.investor-edge.com/2568-ODFL-15May2014.pdf
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