StockCall Scrutinizes Staples, Office Depot, Sally Beauty Holdings, and PetSmart
StockCall Scrutinizes Staples, Office Depot, Sally Beauty Holdings, and PetSmart 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 http://www.stockcall.com/signup 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 http://www.StockCall.com/SPLS031213.pdf 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 at http://www.StockCall.com/ODP031213.pdf 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 http://www.StockCall.com/SBH031213.pdf 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 http://www.StockCall.com/PETM031213.pdf About StockCall.com StockCall.com is a financial website where investors can have easy, precise and comprehensive research and opinions on stocks making the headlines. Sign up today to talk to our financial analyst at http://www.stockcall.com SOURCE StockCall.com Contact: Contact Person:William T. Knight, Email: email@example.com, Contact Number: +1(646)396-9857 (9:00 am EST - 01:30 pm EST).