Technology Hardware, Storage and Peripherals Stocks Technical Review - Nokia, NetApp, SanDisk, Western Digital, and Nimble Storage

LONDON, October 1, 2014 /PRNewswire/ --

Investor-Edge has initiated coverage on the following equities: Nokia OYJ (NYSE: NOK), NetApp Inc. (NASDAQ: NTAP), SanDisk Corporation (NASDAQ: SNDK), Western Digital Corporation (NASDAQ: WDC), and Nimble Storage Inc. (NYSE: NMBL). Free research on these five companies can be accessed at: http://investor-edge.com/register. The US markets on Tuesday, September 30, 2014, ended on a lower note as the Dow Jones Industrial Average finished at 17,042.90, down 0.17% and the NASDAQ Composite closed at 4,493.39, down 0.28%. The S&P 500 finished the session 0.28% lower at 1,972.29. During the trading session, six out of ten sectors finished on a negative note. The S&P 500 Information Technology Sector Index ended the day at 659.92, up 0.24%, with the index advancing 4.34% in the previous three months. Register for your complimentary reports on these five stocks at:  

http://investor-edge.com/register

Nokia OYJ's stock fell 1.05%, to close the day at $8.46. The stock recorded a trading volume of 8.36 million shares, much below its three months average volume of 17.34 million shares. The company's shares oscillated between $8.42 and $8.52 during the session. Over the last one month and over the past three months, Nokia OYJ's shares have advanced 1.08% and 11.90%, respectively. Further, the stock has gained 8.96% since the start of this year. The company's stock is trading above its 50-day and 200-day moving averages. The stock's 50-day moving average of $8.17 is above its 200-day moving average of $7.51. Additionally, the stock has a Relative Strength Index (RSI) of 57.07. Sign up and read the free notes on NOK at:

www.Investor-Edge.com/NOK-01Oct2014

On Tuesday, shares in NetApp Inc. recorded a trading volume of 3.56 million shares, higher than its three months average volume of 3.28 million shares. The stock ended the day at $42.96, which was 1.23% above its previous day's closing of $42.44, and registered an intraday range of $42.57 and $43.09. Shares of the company traded at a PE ratio of 21.45. NetApp Inc.'s stock has advanced 1.87% in the previous three trading sessions, 17.63% in the last three months, and 4.42% on YTD basis. The company's stock is trading above its 50-day and 200-day moving averages of $40.82 and $38.84, respectively. Furthermore, shares of NetApp Inc. have an RSI of 55.68. The complimentary notes on NTAP can be downloaded as in PDF format at:

www.Investor-Edge.com/NTAP-01Oct2014

SanDisk Corp.'s stock lost 1.74% to end Tuesday's session at $97.95. The stock recorded a trading volume of 3.13 million shares, below its three months average volume of 3.57 million shares. The company's shares fluctuated between $97.88 and $100.44 during the session. Shares of the company traded at a PE ratio of 19.06. SanDisk Corp.'s shares have gained 0.99% in the previous three trading sessions and 38.86% since the beginning of 2014. However, the stock has fallen by 6.21% over the previous three months. The company's stock is trading above its 50-day and 200-day moving averages. The stock's 50-day moving average of $96.29 is above its 200-day moving average of $86.40. Additionally, the stock has an RSI of 53.25. Register for free on Investor-Edge and access the latest research on SNDK at:

www.Investor-Edge.com/SNDK-01Oct2014

On Tuesday, shares in Western Digital Corp. fluctuated between $96.01 and $97.73 before ending the session 1.11% higher at $97.32. The stock reported a trading volume of 1.71 million shares, lower than its three months average volume of 1.77 million shares. Shares of the company traded at a PE ratio of 13.93. Western Digital Corp.'s shares have fallen by 5.52% in the last one month, while the stock has advanced 1.17% in the previous three trading sessions and 16.00% on YTD basis. The company's stock is trading above its 200-day moving average of $90.95, which is below the 50-day moving average of $100.12. Moreover, shares of Western Digital Corp. have an RSI of 38.64. The complete research on WDC is available for free at:

www.Investor-Edge.com/WDC-01Oct2014

Nimble Storage Inc.'s stock finished Tuesday's session 1.03% lower at $25.97. A total of 0.59 million shares were traded, which was below its three months average volume of 0.82 million shares. The stock vacillated between $25.63 and $26.31 during the session. Over the last one month and over the previous three months, Nimble Storage Inc.'s shares have fallen by 3.96% and 15.46%, respectively. Additionally, from the beginning of 2014, the stock has lost 42.67%. The company's shares are trading below their 50-day moving average of $27.23. Nimble Storage Inc.'s stock has an RSI of 46.14. Free in depth research on NMBL is available at:

www.Investor-Edge.com/NMBL-01Oct2014

About Investor-Edge.com 

At Investor-Edge, we provide our members with a simple and reliable way to leverage our economy of scale. Most investors do not have time to track all publicly traded companies, much less perform an in-depth review and analysis of the complexities contained in each situation. That's where Investor-Edge comes in. We provide a single unified platform for investors' to hear about what matters. Situation alerts, moving events, and upcoming opportunities.

===============

EDITOR'S NOTES:

===============

1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.

2. Information in this release is produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.

3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.

4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] www.investor-edge.com.

5. For any urgent concerns or inquiries, please contact us at compliance [at] www.investor-edge.com.

6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] www.investor-edge.com for consideration.

COMPLIANCE PROCEDURE

Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Investor-Edge, represented by Rohit Tuli, CFA. An outsourced research services provider has only reviewed the information provided by Investor-Edge in this article or report according to the procedures outlined by Investor-Edge. Investor-Edge is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE

Investor-Edge makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED

Investor-Edge is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Investor-Edge whatsoever for any direct, indirect or consequential loss arising from the use of this document. Investor-Edge expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Investor-Edge does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE Investor-Edge

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED