StockCall Review on Ascena Retail, Aéropostale, Nordstrom, Tiffany and Zale

 StockCall Review on Ascena Retail, Aéropostale, Nordstrom, Tiffany and Zale

PR Newswire

LONDON, February 28, 2013

LONDON, February 28, 2013 /PRNewswire/ --

Consumer confidence in the U.S. rose in the month of February following three
months of decline, according to a report released by the Conference Board
earlier in the week. This is an encouraging sign for the retail industry. With
labor market continuing to show signs of improvement, housing market making a
strong recovery and equity markets rallying, consumer confidence is expected
to improve in the coming months. For apparel and jewelry retailers such as
Ascena Retail Group Inc. (NASDAQ: ASNA), Aeropostale Inc. (NYSE: ARO),
Nordstrom Inc. (NYSE: JWN), Tiffany & Co. (NYSE: TIF) and Zale Corporation
(NYSE: ZLC), this is good news as they can expect sales to improve in the
coming months. On Wednesday, shares of all companies except Zale Corporation
finished higher, tracking gains in the broad market, which rallied for a
second day in a row. StockCall analysts initiated preliminary technical
research on ASNA, ARO, JWN, TIF and ZLC. These free reports are accessible by
signing today at

Although Ascena Retail shares managed to end the day in the green, gains were
limited. The stock closed 0.36% higher at $16.68 on above average volume of
2.04 million. The stock is still down more than 2.50% for the week.
Year-to-date, it has fallen nearly 10%, compared to a gain of 4.73% for the
NASDAQ. Ascena is currently trading on a P/E ratio of 15.74. The stock
recently slipped below its 50-day moving average, which is a bearish signal.
The bearish trend is further confirmed by the MACD chart. The MACD recently
moved below the signal line and is trading below the zero-line. The free
technical analysis on ASNA is available by signing up at 

Shares of Aeropostale rose sharply in Wednesday's trading session, ending the
day 3.60% higher at $13.23 on volume of 1.82 million. The stock rose to an
intra-day high of $13.35 yesterday. Despite the sharp rise in Wednesday's
trading session, Aeropostale shares have gained just 1.69% this year compared
to a gain of 6.29% for the S&P 500. The stock is currently trading close to
its 50-day moving average. It is facing resistance at around $13.75. Register
now to download the free research on ARO at 

Shares of fashion specialty retailer, Nordstrom also rose sharply in
Wednesday's trading session, ending the day 2.61% higher at $53.90 on above
average volume of 2.43 million. Despite posting significant gains yesterday,
the stock is still down 0.17% for the week. Year-to-date, the stock is
marginally higher. Nordstrom shares are currently trading on a P/E ratio of
15.10. Technical indicators for the stock are currently giving bearish
signals. Free report on JWN can be accessed by registering at 

Shares of Tiffany & Co. rose 0.98% to finish the day at $66.66 on volume of
1.48 million. Tiffany's shares have had an excellent run this week, gaining
nearly 3.50%. Year-to-date, the stock has gained more than 16%, outperforming
the S&P 500. The company's shares have broken through $66 resistance level
yesterday, which is a bullish signal. The stock's MACD has also moved above
the signal line, which further confirms the bullish trend. Register with
StockCall and download the research on TIF for free at 

Shares of Zale Corp. fell sharply on Wednesday despite the rally in the broad
market. The stock closed 2.19% lower at $4.02 on volume of 317,946. Despite
the sharp decline yesterday, the stock is up more than 2% for the week. Read
the full free research on ZLC by signing up to StockCall at 

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Contact: William T. Knight, Email:, Contact Number:
+1-646-396-9857 (9:00 am EST - 01:30 pm EST)
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