Market Momentum: Huntington Bancshares, U.S. Bancorp, Fifth Third Bancorp, and
LONDON, January 7, 2014
LONDON, January 7, 2014 /PRNewswire/ --
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On Monday, January 06, 2014, the U.S. equity market finished on a negative
note. The S&P 500 ended the day at 1,826.77, down 0.25%; the Dow Jones
Industrial Average closed at 16,425.10, down 0.27%; and the NASDAQ Composite
Index finished at 4,113.68, down 0.44%. The S&P 500 Financials Sector Index
edged 0.15% higher to close the session at 295.42; and the S&P 500 Commercial
Banks Industry Index closed 0.45% higher at 298.44. The S&P 500 Commercial
Banks Industry Index has gained 9.94% in the previous three months and 2.87%
in the last one month, outperforming the S&P 500, which has gained 8.06% and
1.20% during the respective periods. The major movers in the financial sector
included O.H. Huntington Bancshares Inc.(NASDAQ: HBAN), US Bancorp (NYSE:
USB),Fifth Third Bancorp(NASDAQ: FITB), and Comerica Inc. (NYSE: CMA).
AAAResearchReports.com has completed their technical analysis on HBAN, USB,
FITB, and CMA and these free reports are accessible by registering at:
Shares in Huntington Bancshares Inc. hit a new 52-week high of $9.80 on
Monday, before declining 0.21% to end the day at an intra-day low of $9.58.
The company's shares fluctuated between $9.58 and $9.80 during the trading
session. A total of 9.73 million shares were traded, which is above the daily
average volume 9.15 million. The company's shares have gained 13.37% in the
previous three months and 3.68% in the last one month, compared to a gain of
8.06% and 1.20% in the S&P 500 during the respective periods. Moreover,
Huntington Bancshares Inc.'s stock is trading above its 50-day and 200-day
moving averages of $9.16 and $8.28, respectively. Sign up for free technical
research on HBAN at:
US Bancorp's stock gained 1.32% on Monday, hitting a new 52-week high of
$40.84. The company's shares closed the day at $40.59, after oscillating
between $40.50 and $40.84 during the trading session. A total of 8.10 million
shares were traded, which is above the daily average volume of 7.65 million.
US Bancorp's shares have gained 2.34% in the previous one month and 10.84% in
the last three months, outperforming the S&P 500, which has advanced 1.20% and
8.06% during the respective periods. Furthermore, the company's stock is
trading above its 50-day and 200-day moving averages of $38.88 and $36.51,
respectively. Be sure to read our latest technical research on USB by
Shares in Fifth Third Bancorp hit a new 52-week high of $21.33 on Monday,
finishing the day 0.14% higher at$20.95 from the previous day's closing price
of $20.92. The company's shares vacillated between$20.94 and$21.33 during
the trading session. A total of 7.21 million shares were traded, which is
above the daily average volume of 7.14 million. The company's shares have
gained 3.00% in the previous one month and 15.17% in the last three months,
outperforming the S&P 500, which has gained 1.20% and 8.06% during the
respective periods. Further, Fifth Third Bancorp's stock is trading above its
50-day and 200-day moving averages of $20.04 and $18.57, respectively. Sign up
and read the complimentary report on FITB at:
On Monday, Comerica Inc.'s stock closed the day at $47.00, down 0.17% from the
previous day's closing price of $47.08. The company's shares fluctuated
between $46.96 and $47.60 during the trading session. A total of 1.13 million
shares were traded, which is below the daily average volume of 1.40 million.
Despite Monday's decline, the company's shares have gained 18.63% in the
previous three months and 2.51% in the last one month, outperforming the S&P
500, which has gained 8.06% and 1.20% during the respective periods. Moreover,
Comerica Inc.'s stock is trading above its 50-day and 200-day moving averages
of $45.16 and $40.84, respectively. The free report on CMA can be downloaded
by signing up now at:
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