Technical Study: CarMax Inc., AutoNation Inc., O'Reilly Automotive Inc., and Advance Auto Parts Inc.
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LONDON, September 26, 2013 /PRNewswire/ --
The U.S. equity market declined on Wednesday, September 25, 2013. The S&P 500 fell by 0.27%, closing at 1,692.77; the Dow Jones Industrial Average lost 0.40%, closing at 15,273.26; and the NASDAQ Composite closed at 3,761.10, down 0.19%. Shares of companies in the services-auto auxiliary sector ended on a mixed note, even as the broader market declined. The major movers in the sector included CarMax Inc. (NYSE: KMX), AutoNation Inc. (NYSE: AN), O'Reilly Automotive Inc. (NASDAQ: ORLY), and Advance Auto Parts Inc. (NYSE: AAP). AAAResearchReports.com free coverage on KMX, AN, ORLY, and AAP is available upon registration at:
http://www.aaaresearchreports.com/register/
On Wednesday, CarMax Inc.'s stock plummeted 3.84%, reversing all the gains from the previous trading session. The company's shares ended the day at $49.80 after fluctuating between $49.64 and $51.12. A total of 2.11 million shares were traded, which is above the daily average volume of 1.09 million. Despite the recent losses, the company's shares have advanced 12.26% in the previous three months and 1.92% in the last one month, outperforming the S&P 500 which has gained 6.60% and 1.76% during the respective periods. Further, CarMax Inc.'s stock is trading above its 50-day and 200-day moving averages of $49.14 and $43.93, respectively. Download free technical research on KMX by signing up at:
http://www.AAAResearchReports.com/KMX092613.pdf
Shares in AutoNation Inc. fell sharply on Wednesday, tracking losses in the broader market. The company's shares closed the day 1.46% lower at $52.71 after trading between $52.55 and $53.40. A total of 0.78 million shares were traded, which is below the daily average volume of 1.12 million. Despite Wednesday's losses the company's shares have surged 23.41% in the last three months and 13.55% in the previous one month, compared to a gain of 6.60% and 1.76% in the S&P 500 during the respective periods. Moreover, AutoNation Inc.'s stock is trading above its 50-day and 200-day moving averages of $48.38 and $45.16, respectively. Register now and get access to free analysis on AN at:
http://www.AAAResearchReports.com/AN092613.pdf
On Wednesday, O'Reilly Automotive Inc.'s stock advanced to close at $125.03, up 0.75% from the previous day's closing price of $124.10. The company's shares oscillated between $123.87 and $125.78 during the trading session. A total of 0.83 million shares were traded, which is above the daily average volume of 0.61 million. The company's shares have gained 12.31% in the previous three months, compared to a gain of 6.60% in the S&P 500 during the respective periods. Additionally, O'Reilly Automotive Inc.'s stock is trading above its 50-day and 200-day moving averages of $123.67 and $107.77, respectively. Sign up and read our complimentary report on ORLY at:
http://www.AAAResearchReports.com/ORLY092613.pdf
Shares in Advance Auto Parts Inc. rose sharply on Wednesday, extending the gains from the previous trading session. The company's shares finished the day 1.70% higher at $81.46 after fluctuating between $79.97 and $81.57 during the trading session. A total of 0.77 million shares were traded, which is above the daily average volume of 0.63 million. The company's shares have gained 1.00% in the previous three trading sessions, outperforming the S&P 500 which has lost 1.00% during the same period. Further, Advance Auto Parts Inc.'s stock is trading above its 200-day moving averages of $79.73. The free report on AAP can be downloaded by signing up now at:
http://www.AAAResearchReports.com/AAP092613.pdf
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