Technical Study: Vale S.A., Alpha Natural Resources, Inc., Molycorp Inc., and
Arch Coal Inc.
LONDON, October 4, 2013
LONDON, October 4, 2013 /PRNewswire/ --
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On Thursday, October 03, 2013, the S&P 500 ended the day at 1,678.66, down
0.90%; the Dow Jones Industrial Average closed at 14,996.48, down 0.90%; while
the NASDAQ Composite finished at 3,774.34, down 1.07%. Shares in the
industrial metals and minerals industry also ended on a lower note, tracking
the broader market. The major movers in the industry included Vale S.A. (NYSE:
VALE), Alpha Natural Resources Inc. (NYSE: ANR), Molycorp Inc. (NYSE: MCP),
and Arch Coal Inc. (NYSE: ACI). AAAResearchReports.com free coverage on VALE,
ANR, MCP, and ACI is available upon registration at:
Vale S.A.'s stock fell sharply on Thursday, reversing all of its gains from
the previous trading session. The company's shares ended the session 1.46%
lower at $15.50, after trading between $15.42 and $15.86. A total of 15.55
million shares were traded, which is below the daily average volume of 17.98
million. Despite Thursday' sharp losses, the company's shares have gained
1.71% in the last one month and 22.05% in the previous three months, compared
to a gain of 2.37% and 3.92% in the S&P 500 during the respective periods.
Furthermore, Vale S.A.'s stock is trading above its 200-day moving average of
$15.38. Download free technical research on VALE by signing up at:
On Thursday, shares in Alpha Natural Resources Inc. fell sharply to close at
$5.80, down 1.86% from the previous day's closing price of $5.91. The
company's shares oscillated between $5.78 and $5.99 during the trading
session. A total of 5.44 million shares were traded, which is below the daily
average volume of 10.11 million. Despite Thursday's losses, the company's
shares have gained 11.97% in the previous three months, outperforming the S&P
500 which has advanced 3.92% during the same period. Additionally, Alpha
Natural Resources Inc.'s stock is trading below its 50-day and 200-day moving
averages of $6.23 and $6.45, respectively. Register now and get access to free
analysis on ANR at
Molycorp Inc.'s stock fell sharply by 2.31% on Thursday, reversing some of the
gains from the previous trading session. The company's shares closed the day
at $7.19, after fluctuating between $7.07 and $7.44. A total of 6.79 million
shares were traded, which is above the daily average volume of 6.67 million.
Despite Thursday's pullback, the company's shares have surged 9.60% in the
previous three trading sessions and 15.41% in the last one month, compared to
a loss of 0.17% and a gain of 2.37% in the S&P 500 during the respective
periods. Furthermore, Molycorp Inc.'s stock is trading above its 50-day and
200-day moving averages of $6.56 and $6.26, respectively. Sign up and read our
complimentary report on MCP at:
On Thursday, Arch Coal Inc.'s shares plummeted to end the day at $3.96, which
is 2.94% lower than the previous day's closing price of $4.08. The company's
shares fluctuated between $3.95 and $4.13 during the trading session. A total
of 8.13 million shares were traded, which is below the daily average volume of
9.01 million. Despite Thursday's sharp decline, Arch Coal Inc.'s shares have
gained 6.45% in the previous three months, outperforming the S&P 500 which
advanced 3.92% during the same period. Furthermore, the company's stock is
trading below its 50-day and 200-day moving averages of $4.62 and $4.64,
respectively. The free report on ACI can be downloaded by signing up now at:
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