StockCall Scrutinizes Staples, Office Depot, Sally Beauty Holdings, and PetSmart

   StockCall Scrutinizes Staples, Office Depot, Sally Beauty Holdings, and

PR Newswire

LONDON, March 12, 2013

LONDON, March 12, 2013 /PRNewswire/ --

Retail stocks traded up with the overall markets also showing bullishness.
Encouraging reports about the economic performance offered positive impetus
for the markets and The Dow Jones ended its latest session at 14,447.29, up
0.35 percent while NASDAQ was up 0.26 percent to close at 3,252.87. Similarly,
S&P finished on an upbeat note at 1,556.22, up 0.32 percent. Our research team
took a look at Services sector, selecting major companies like Staples Inc.
(NASDAQ: SPLS), Office Depot Inc. (NYSE: ODP), Sally Beauty Holdings (NYSE:
SBH) and PetSmart Inc. (NASDAQ: PETM) which belong to the Specialty Retail,
Other industry. StockCall reviewed the Specialty Retail, Other industry and
chose SPLS, ODP, SBH, and PETM for its technical coverage. These free reports
can be seen for free at

Staples Inc.'s stock closed at $13.13, 1.31 percent up on Monday. The stock
traded in the range of $12.85 and $13.17 during yesterday's session and is
currently in-line with its 20-day moving average price of $13.13. Staples
gained 18.29 percent so far in 2013. Its Price/Earnings ratio is 437.67. The
company's stock is in a bullish phase and its first resistance level is at
$13.34. On the downside, its first support is at $12.93. Upon breaching this
level, its second support level is at $12.49. The stock traded 7.78 million
shares in the session. Its usual daily average volume stands at 15.58 billion.
The stock trades at beta of 1.01. Download the free research on SPLS by
signing up now at

Despite a downward move in Monday's trading session, Office Depot Inc. is
still up 25.38 percent for the year. It has gained 25.77 percent in the past
52 weeks. The stock closed 0.73 percent lower at $4.10 on volume of 6.27
million shares. Its average trading volume stands at 15.84 million shares.
Office Depot's shares currently face resistance at around $4.29. Upon
breaching this level, it may go as high as $4.65. The stock has support at
around $3.93. It is currently trading below its 20-day and 50-day moving
averages, which is a bearish signal. Register for today's free analysis on ODP

Sally Beauty Holdings Inc. traded in the range of $29.31 and $29.67 during its
previous trading session. It opened at $29.54 and closed at $29.57, down 0.20
percent on Monday. The stock is currently in a bullish mode and has its first
resistance level at $29.85. Upon breaching this level, the specialty retailer
may go as high as $30.15. It traded 1.58 million shares and is above its
20-day moving average price. Its first support level is at $29.16. So far this
year, the stock is up 26.21 percent. Free report on SBH can be accessed by
registering at

Despite the upward move shown by broad market indices, PetSmart Inc.'s stock
finished 0.90 percent down at $62.85, with volume up from daily average of
2.24 million to 2.58 million yesterday. The company's stock is down so far in
2013 with its year-to-date loss at 6.96 percent. However, the stock currently
shows a neutral trend which is further confirmed by its MACD chart. PetSmart
has its first support level at $62.62. In the coming trading sessions, the
stock is likely to go as high as $63.62. Upon breaching this level, it may
touch $64.80 level. Register with StockCall and download the research on PETM
for free at

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