Stock Technical Review: Staples, Norfolk Southern, Sinclair Broadcast Group,
LONDON, January 10, 2014
LONDON, January 10, 2014 /PRNewswire/ --
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On Thursday, January 09, 2014, the US equity market mostly ended on a lower
note. The S&P 500 ended the day 0.03% higher at 1,838.13; the Dow Jones
Industrial Average finished 0.11% lower at 16,444.76; and the NASDAQ Composite
closed 0.23% lower at 4,156.19. S&P 500 Consumer Discretionary Sector Index
ended the day at 524.40, down 0.12%; and the same has advanced 0.27% in the
previous three trading sessions, underperforming the S&P 500, which has gained
0.62% during the same period. The major movers in the consumer discretionary
sector included Staples Inc. (NASDAQ: SPLS), Norfolk Southern Corporation
(NYSE: NSC), Sinclair Broadcast Group Inc. (NASDAQ: SBGI), and Avnet Inc.
(NYSE: AVT). AAAResearchReports.com has released full comprehensive research
on SPLS, NSC, SBGI, and AVT.These free technical analyses can be downloaded by
signing up at:
On Thursday, Staples Inc.'s stock ended the day at $15.14, down 3.01% from the
previous day's closing price of $15.61. The company's shares fluctuated
between $14.91 and $15.61 during the trading session. A total of 12.55 million
shares were traded, which is above the daily average volume of 7.74 million.
The company's shares have fallen by 1.24% in the previous three trading
sessions and 5.61% in the last one month, underperforming the S&P 500, which
has gained 0.62% and 1.65% during the respective periods. Additionally,
Staples Inc.'s stock is trading below its 50-day and 200-day moving averages
of $15.71 and $15.18, respectively. A free technical analysis on SPLS
available by signing up at:
Shares in Norfolk Southern Corp. advanced on Thursday, even as the broader
market mostly ended on a lower note. The company's shares closed the day 1.56%
higher at $91.31, after trading between $90.06 and $91.38. A total of 1.45
million shares were traded, which is below the daily average volume of 1.66
million. The company's shares have gained 1.46% in the previous three trading
sessions and 18.77% in the last three months, outperforming the S&P 500, which
has advanced 0.62% and 10.97% during the respective periods. Moreover, Norfolk
Southern Corp.'s stock is trading near its 52-week high of $93.17, and also
above its 50-day and 200-day moving averages of $88.55 and $79.27,
respectively. Register today and access free research on NSC at:
On Thursday, shares in Sinclair Broadcast Group Inc. finished the day at
$35.69, which is 2.19% lower than the previous day's closing price of $36.49.
The company's shares vacillated between $35.52 and $36.59 during the trading
session. A total of 0.81 million shares were traded, which is below the daily
average volume of 1.33 million. The company's shares have gained 7.56% in the
last one month and 10.19% in the previous three months, compared to a gain of
1.65% and 10.97% in the S&P 500 during the respective periods. Further,
Sinclair Broadcast Group Inc.'s stock is trading above its 50-day and 200-day
moving averages of $33.66 and $29.34, respectively. The free report on SBGI
can be downloaded by signing up now at:
Avnet Inc.'s stock edged 0.75% higher on Thursday, closing the day at $42.74.
The company's shares fluctuated between$42.29 and $42.76 during the trading
session. A total of 0.47 million shares were traded, which is below the daily
average volume of 0.83 million. The company's shares have gained 1.64% in the
previous three trading sessions and 3.26% in the last one month, outperforming
the S&P 500, which has advanced 0.62% and 1.65% during the respective periods.
Furthermore, Avnet Inc.'s stock is trading above its 50-day and 200-day moving
averages of $41.17 and $37.85, respectively. A free report on AVT can be
accessed by registering at:
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