StockCall Scrutinizes Nuance Comm., Adobe Systems, BMC Software, and Catamaran Corp.

StockCall Scrutinizes Nuance Comm., Adobe Systems, BMC Software, and Catamaran

PR Newswire

LONDON, March 19, 2013

LONDON, March 19, 2013 /PRNewswire/ --

Stock Markets continued their pullback from the last week. The first session
of this new week was marred by news of Cyprus fiscal crisis, exerting pressure
on major indices. The Dow Jones ended Monday's session at 14,452.06, down 0.43
percent while NASDAQ dipped 0.35 percent to close at 3,237.59. Similarly, S&P
closed in the red zone at 1,552.10, down 0.55 percent. While all the sectors
were affected by the generally negative outlook in the market, our research
team took a look at the technology sector, more precisely the Application
Software industry which includes major companies like Nuance Communications
Inc. (NASDAQ: NUAN), Adobe Systems Inc. (NASDAQ: ADBE), BMC Software Inc.
(NASDAQ: BMC) and Catamaran Corp. (NASDAQ: CTRX). StockCall reviewed the
Application Software industry and chose NUAN, ADBE, BMC, and CTRX for its
technical coverage. These free reports can be seen for free at

Nuance Communications Inc. is currently trading in overbought territory with
its Relative Strength Index above 80. Consequently, the stock may see some
pullback in the coming sessions. It closed its Monday's session at $18.61, up
0.22 percent. The stock is currently in a bullish mode and may touch $18.93
level in the coming days. Upon breaching this level, the stock's next
resistance level is at $19.26. Nuance's stock is highly volatile with its beta
at 1.50. In 2013, the stock declined 14.91 percent. Its 52 weeks loss stands
at 28.83 percent. The stock has traded in the range of $18.00 and $26.85
during the said time period. Download the free research on NUAN by signing up
now at 

Adobe Systems Inc. is trading below its long-term moving average price,
indicating a bearish trend. It also closed its latest trading session at
$41.06, down 0.77 percent. The stock made a downward movement with above
average volume of 3.30 million shares. Adobe trades at Price/Earnings ratio of
24.73, higher than industry average, making the stock an expensive
proposition. However, the stock provided good return to its holders as it
appreciated 11.27 percent this year. The application software stock also
gained 21.41 percent in the past 52 weeks. Register for today's free analysis
on ADBE at 

BMC Software Inc. closed yesterday' trading session with a mild downward
movement, accompanied with below average volume. The stock ended at $43.98,
down 0.32 percent from its previous close. It traded in the range of $43.56
and $44.40 during Monday's session. The company has a low volatility as it
commands beta of 0.54. The company's current market capitalization stands at
$6.28 billion. The stock has gained 11.17 percent on a YTD basis while its 52
weeks gain stands at 13.94 percent. Free report on BMC can be accessed by
registering at 

Catamaran Corp. is currently trading above its 20-day average price but below
its 50-day moving average price and is in a neutral mode. It also ended its
latest trading session 0.48 percent lower at $51.69, further confirming the
trend. Catamaran exchanged 2.10 million shares during Monday's session. The
stock has underperformed the broader markets and has gained only 10 percent so
far this year. However, it is likely to go up to $52.79 in the coming
sessions. Its second resistance level is at $53.62. The company commands
market capitalization of $10.62 billion. Register with StockCall and download
the research on CTRX for free at 

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