StockCall Scrutinizes Nuance Comm., SAP AG, Fortinet, and Catamaran PR Newswire LONDON, April 17, 2013 LONDON, April 17, 2013 /PRNewswire/ -- Sturdy earnings season is expected to provide markets with a positive fillip. On Tuesday, markets were showing a strong trend as major indices closed in the green. The Dow Jones Index was 1.08 percent higher while S&P 500 closed up 1.43 percent. The technology sector also showed some good movement despite its benchmark index NASDAQ closing flat. Our research team tracked this sector and followed major companies in the Application Software industry like Nuance Communications Inc. (NASDAQ: NUAN), SAP AG (NYSE: SAP), Fortinet Inc. (NASDAQ: FTNT) and Catamaran Corp. (NASDAQ: CTRX). StockCall reviewed the Application Software industry and chose NUAN, SAP, FTNT, and CTRX for its technical coverage. These free reports can be seen for free at http://www.stockcall.com/signup In-line with the upward trend shown by broad market indices, Nuance Communications' stock finished 1.44 percent higher at $21.12, with volume down from daily average of 5.04 million to 3.96 million. The stock is down so far in 2013 with its year-to-date loss at 3.43 percent. However, the stock currently shows a neutral trend which is further confirmed by its MACD chart. Nuance has its first support level at $20.87 while its second support level stands at $20.60. The company commands market capitalization of $6.68 billion, and its stock is highly volatile with the beta of 1.49. Download the free research on NUAN by signing up now at http://www.StockCall.com/NUAN041713.pdf SAP AG traded in the range of $77.94 and $78.96 in its latest trading session. Its volume stood at 1.18 million shares, down from its average daily volume of 1.25 million. SAP finished the session at $78.87, up 3.17 percent yesterday. The stock is currently trading above its short-term moving average price of $78.77, showing a bullish trend. In the coming sessions, the company is expected to go as high as $80.06, while its first support level is at $78.54. The stock trades at beta of 1.26, making it a mildly volatile stock to own. It has declined 0.65 percent on a YTD basis while its 52 weeks gain stands at 20.56 percent. Register for today's free analysis on SAP at http://www.StockCall.com/SAP041713.pdf Fortinet Inc. closed its Tuesday's trading session at $18.13, up 0.33 percent from its previous close. The stock shows a neutral trend but currently is in oversold territory with Relative Strength Index of 19.54. It is likely to go up in the coming trading sessions and may find resistance at $18.79. Upon breaching this level, it may go up to $19.09 level. Fortinet traded 3.87 million shares during yesterday's session, and the stock oscillated in the range of $17.90 and $18.45. It has declined 34.07 percent in the past 52 weeks and remained in $17.53 and $28.23 range in the same time period. Free report on FTNT can be accessed by registering at http://www.StockCall.com/FTNT041713.pdf Catamaran Corp. made an upward movement with 1.47 percent gain in its latest trading session. The company's stock ended at $54.48 and its highest price point for the session stood at $54.91. Its lowest price point for the session was at $53.10. In the past 12 months, the stock has gained 38.77 percent while its YTD gain stands at 16.78 percent. Catamaran trades at beta of 0.53, which implies very low volatility. It traded 1.08 million shares during Tuesday's session, in comparison to its regular daily volume of 1.45 million shares. Register with StockCall and download the research on CTRX for free at http://www.StockCall.com/CTRX041713.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: firstname.lastname@example.org, Contact Number: +1(646)396-9857 (9:00 am EST - 01:30 pm EST)
StockCall Scrutinizes Nuance Comm., SAP AG, Fortinet, and Catamaran
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