Technical Study: Lowe's, Yum! Brands, OfficeMax, and Hawaiian Holdings
LONDON, August 2, 2013
LONDON, August 2, 2013 /PRNewswire/ --
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The US equity market rallied on Thursday, August 1, 2013, as market
participants cheered positive US economic data. According to a report from the
Labor Department, initial jobless claims fell to the lowest level in
five-and-a-half years last week. Further, a report from the Institute for
Supply Management (ISM) showed that the manufacturing sector picked up pace in
2013. The positive economic data pushed the S&P 500 above the 1,700.00 level
for the first time ever. The index finished 1.25% higher at 1,706.87. Shares
in the services companies ended mostly higher on Thursday, tracking gains in
the broader market. The major movers in the sector included Lowe's Companies
Inc. (NYSE: LOW), Yum! Brands Inc. (NYSE: YUM), OfficeMax Inc. (NYSE: OMX),
and Hawaiian Holdings Inc. (NASDAQ: HA). AAAResearchReports.com free coverage
on LOW, YUM, OMX, and HA is available upon registration at:
Shares in Lowe's Companies Inc. moved higher on Thursday, extending their
gains from previous trading sessions. The company's shares fluctuated between
$44.76 and $45.19 before finishing the day 1.03% higher at $45.04. A total of
5.82 million shares were traded, which is below the daily average volume of
7.26 million. The company's shares have advanced 3.68% in the last three
trading sessions as compared to a gain of 1.28% in the S&P 500. The stock is
currently trading near its 52-week high of $45.30. Download free technical
research on LOW by signing up at:
Yum! Brands Inc.'s stock edged higher on Thursday, tracking gains in the
broader market. The company's shares ended the day 1.34% higher at $73.90
after oscillating between $73.35 and $74.13. A total of 1.65 million shares
were traded, which is below the daily average volume of 2.74 million. Yum!
Brands' shares are currently trading close to their 52-week high of $74.75.
Moreover, the stock is currently trading above its 50-day and 200-day moving
averages. Register now and get access to free analysis on YUM at:
Shares in OfficeMax Inc. moved higher on Thursday, finishing at $11.50, up
0.97% from the previous trading session's closing price. The company's shares
oscillated between $11.41 and $11.58. A total of 1.20 million shares were
traded, which is above the daily average volume of 1.13 million. OfficeMax's
shares have gained 1.68% in the last three sessions and 12.41% in the last one
month, outperforming the S&P 500 during the respective periods. Furthermore,
the stock is currently trading above its 50-day and 200-day moving averages.
Sign up and read our complimentary report on OMX at:
Hawaiian Holdings Inc.'s stock climbed on Thursday, extending its gains from
previous trading sessions. The company's shares fluctuated between $7.64 and
$7.80 before closing the day 0.92% higher at $7.71. A total of 673,884 shares
were traded, which is below the daily average volume of 847,856. The company's
shares have gained 3.07% in the last three sessions, outperforming the S&P
500. Moreover, the stock is currently trading near its 52-week high of $7.88
and above its 50-day and 200-day moving averages. The free report on HA can be
downloaded by signing up now at:
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