Today's Technical View: Pacific Sunwear of California Inc., Abercrombie & Fitch Co., ANN Inc., and Bebe Stores Inc. PR Newswire LONDON, August 16, 2013 LONDON, August 16, 2013 /PRNewswire/ -- Editor Note: For more information about this release, please scroll to bottom. The U.S. equity market plunged on Thursday, August 15, 2013 as all three benchmark indices tumbled. The S&P 500 fell 1.43% to finish the day at 1,661.32, the Nasdaq Composite closed 1.72% higher at 3,606.12, and the Dow Jones Industrial Average dropped 1.47% to close at 15,112.19. Shares in apparel stores ended mostly lower as the broader market finished on a declining note. The major movers in the sector included Pacific Sunwear of California Inc. (NASDAQ: PSUN), Abercrombie & Fitch Company (NYSE: ANF), ANN INC. (NYSE: ANN), and bebe stores inc. (NASDAQ: BEBE). All these companies are tracked by AAAResearchReports.com. Free in-depth technical analysis on PSUN, ANF, ANN, and BEBE are currently available upon sign up at: http://www.aaaresearchreports.com/register/ Pacific Sunwear of California Inc.'s stock plummeted on Thursday, closing at $3.70, down 6.80% from its previous closing price. The company's shares oscillated between $3.65 and $3.96. A total of 1.19 million shares were traded which is above the daily average volume of 0.87 million. Despite the day's loss, the company's shares have edged up 22.52% in the last three months, outperforming the S&P 500 which has gained 0.15% during the same duration. Moreover, Pacific Sunwear of California Inc.'s stock is trading above its 200-day moving average. Sign up for free technical analysis on PSUN at: http://www.AAAResearchReports.com/PSUN081613.pdf On Thursday, Abercrombie & Fitch Co.'s shares closed the day 2.73% lower at $48.85 after vacillating between $48.68 and $49.56. A total of 1.73 million shares were traded which is above the daily average volume of 1.70 million. The company's stock has lost 2.63% in the last three trading sessions, underperforming the S&P 500 which has lost 1.67% during the same period. However, Abercrombie & Fitch Co.'s shares are trading above their 200-day moving average. Download free report on ANF by registering at: http://www.AAAResearchReports.com/ANF081613.pdf ANN INC.'s shares closed the day 1.47% lower at $31.57 after vacillating between $31.46 and $31.92. A total of 0.84 million shares were traded which is below the daily average volume of 0.97 million. The company's shares have gained 1.58% in the last three months, outperforming the S&P 500 which has gained 0.15% during the same period. Despite the recent losses, ANN INC.'s stock continues to trade above its 200-day moving average. The free report on ANN can be downloaded by signing up now at: http://www.AAAResearchReports.com/ANN081613.pdf Shares in bebe stores inc. finished flat on Thursday. The company's shares closed the day at $6.00 after oscillating between $5.93 and $6.14. A total of 0.55 million shares were traded which is above the daily average volume of 0.45 million. The company's shares are up 8.28% in the last three months and 5.63% in the last one month, outperforming the S&P 500. Moreover, bebe stores inc.'s stock is currently trading near its 52-week high of $6.29, and also above its 50-day and 200-day moving averages. A free report on BEBE can be accessed by registering at: http://www.AAAResearchReports.com/BEBE081613.pdf ---- EDITOR NOTES: 1.This is not company news. We are an independent source and our views do not reflect the companies mentioned. 2.Information in this release is fact checked and produced on a best efforts basis and reviewed by a CFA ® charterholder. 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Today's Technical View: Pacific Sunwear of California Inc., Abercrombie & Fitch Co., ANN Inc., and Bebe Stores Inc.
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