Today's Technical View: Verizon Communications Inc., Cincinnati Bell Inc., TIM
Participacoes S.A., and China Unicom Hong Kong Ltd
LONDON, September 18, 2013
LONDON, September 18, 2013 /PRNewswire/ --
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The U.S. equity market edged higher on Tuesday, September 17, 2013. The S&P
500 ended the day at 1,704.76, up 0.42%; the Dow Jones Industrial Average
closed at 15,529.73, up 0.23%; and the NASDAQ Composite finished at 3,745.70,
up 0.75%. Shares in the telecom sector advanced as the broader market posted
gains. The major movers in the sector included Verizon Communications Inc.
(NYSE: VZ), Cincinnati Bell Inc. (NYSE: CBB), Tim Participacoes S.A. (NYSE:
TSU), and China Unicom Hong Kong Ltd. (NYSE: CHU). All these companies are
tracked by AAAResearchReports.com. Free in-depth technical analysis on VZ,
CBB, TSU, and CHU are currently available upon signing up at:
Verizon Communications Inc.'s stock edged higher on Tuesday, extending the
gains from previous trading sessions. The company's shares ended the day 0.56%
higher at $48.57 after vacillating between $48.27 and $48.70. A total of 10.27
million shares were traded, which is below the daily average volume of 12.23
million. Verizon Communications Inc.'s stock is up 2.58% in the previous three
trading sessions, outperforming the S&P 500 which has gained 1.27% during the
same period. Additionally, the company's shares are trading above their
200-day moving average of $48.02. Sign up for free technical analysis on VZ
Shares in Cincinnati Bell Inc. rose sharply on Tuesday, reversing all of the
losses from the previous trading session. The company's shares vacillated
between $2.99 and $3.01 before finishing the day 1.01% higher at the intra-day
high of $3.01. A total of 0.55 million shares were traded, which is below the
daily average volume of 1.13 million. Cincinnati Bell Inc.'s shares have
fallen by 1.63% in the previous three trading sessions, compared to a gain of
1.27% in the S&P 500 during the same period. Further, the company's stock is
trading below its 50-day and 200-day moving averages of $3.23 and $3.81,
respectively. Download free report on CBB by registering at:
On Tuesday, Tim Participacoes S.A.'s stock also rose sharply to end the day at
$22.50, which is 1.67% higher than the previous day's closing price of $22.13.
The company's shares fluctuated between $22.10 and $22.81 during the trading
session. A total of 1.82 million shares were traded, which is above the daily
average volume of 0.96 million. Tim Participacoes S.A.'s shares have surged
16.28% in the last one month and 18.80% in the previous three months,
outperforming the S&P 500 which has gained 2.96% and 4.01% during the
respective periods. Moreover, the company's stock is trading near its 52-week
high of $22.96 as well as above its 50-day and 200-day moving averages of
$19.77 and $20.07, respectively. The free report on TSU can be downloaded by
signing up now at:
Shares in China Unicom Hong Kong Ltd. gained 0.31% on Tuesday, reversing all
the losses from the previous trading session. The company's shares ended the
day at $16.23 after fluctuating between $16.18 and $16.32. A total of 0.31
million shares were traded, which is less than the daily average volume of
0.50 million. China Unicom Hong Kong Ltd.'s shares have advanced 4.64% in the
last one month and 19.08% in the previous three months, compared to a gain of
2.96% and 4.01% in the S&P 500 during the respective periods. Furthermore, the
company's stock is trading above its 50-day and 200-day moving averages of
$14.90 and $14.66, respectively. A free report on CHU can be accessed by
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