Technical Snapshot - Communication Equipment Stocks: Alcatel-Lucent, QUALCOMM, Ericsson, and Ciena Editor Note: For more information about this release, please scroll to bottom. PR Newswire LONDON, March 11, 2014 LONDON, March 11, 2014 /PRNewswire/ -- On Monday, March 11, 2014, the NASDAQ Composite ended at 4,334.45, down 0.04%, the Dow Jones Industrial Average fell 0.21% to 16,418.68, and the S&P 500 closed at 1,877.17, down 0.05%. The losses were broad based with six of ten sectors edging lower. The S&P 500 Information Technology Sector Index finished the day at 597.11, down 0.12%, while the same has gained 3.36% in the last one month. Investor-Edge.com has initiated coverage on the following equities: Alcatel-Lucent S.A. (NYSE: ALU), QUALCOMM Inc. (NASDAQ: QCOM), Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC). and CIENA Corporation (NYSE: CIEN). Free research on these four companies can be accessed at: http://investor-edge.com/register On Monday, Alcatel-Lucent S.A.'s stock advanced 0.24% to finish the session at $4.13. The stock recorded trading volume of 6.37 million shares as compared to a three months average volume of 10.49 million shares. The stock fluctuated between $4.08 and $4.17 during the session. Alcatel-Lucent S.A.'s shares have fallen by 2.36% in the previous three trading sessions, 5.49% in the last one month, and 6.14% on YTD basis. The company's shares are trading above its 200-day moving average. The company's 50-day moving average of $4.25 is above the 200-day moving average of $3.25. Moreover, the stock is trading at the Relative Strength Index (RSI) of 43.36. Sign up and read the free notes on ALU at: http://www.Investor-Edge.com/03112014/ALU/report.pdf QUALCOMM Inc.'s stock saw a trading of 7.69 million shares, as compared with a three months average volume of 9.58 million shares. The stock ended the day at $77.07, up 0.36%, and after vacillating between $76.55 and $77.07 during the session. Shares of the company traded at a PE ratio of 19.62. QUALCOMM's shares have advanced 0.52% in the previous three trading sessions, 3.19% in the last one month, and 3.80% on YTD basis. The stock is trading above its 50-day and 200-day moving averages. The company's 50-day moving average of $74.43 is above the 200-day moving average of $68.74. Furthermore, the stock is trading at the Relative Strength Index (RSI) of 59.96. The complimentary notes on QCOM can be downloaded as in PDF format at: http://www.Investor-Edge.com/03112014/QCOM/report.pdf On Monday, shares in Telefonaktiebolaget LM Ericsson edged lower by 0.31% to close at $12.97. A total of 9.41 million shares were traded, which is above the three months average volume of 4.02 million. The company's shares oscillated between $12.89 and $12.99 during the session. The company's shares have fallen by 0.23% in the previous three trading sessions, but they advanced 4.09% in the last one month and 5.96% on YTD basis. The stock is trading above its 50-day and 200-day moving averages of $12.30, each. Furthermore, the company's shares are trading at the Relative Strength Index (RSI) of 62.01. Register for free on Investor-Edge and access the latest research on ERIC at: http://www.Investor-Edge.com/03112014/ERIC/report.pdf CIENA Corp.'s stock recorded a trading volume of 4.88 million shares, as compared with a three months average volume of 3.86 million shares. The stock ended the day at $23.32, down 3.04%, after oscillating between $23.14 and $23.99 during the session. CIENA Corp.'s shares have advanced 2.51% in the last one month, while the same declined by 8.04% in the previous three trading sessions and 2.55% on YTD basis. The stock is trading above its 200-day moving average. CIENA Corp.'s 50-day moving average of $23.60 is above the 200-day moving average of $22.63. Additionally, shares of the company are trading at the Relative Strength Index (RSI) of 48.29. The complete research on CIEN is available for free at: http://www.Investor-Edge.com/03112014/CIEN/report.pdf About Investor-Edge.com At Investor-Edge, we provide our members with a simple and reliable way to leverage our economy of scale. Most investors do not have time to track all publicly traded companies, much less perform an in-depth review and analysis of the complexities contained in each situation. That's where Investor-Edge comes in. We provide a single unified platform for investors' to hear about what matters. Situation alerts, moving events, and upcoming opportunities. EDITOR NOTES: oThis is not company news. We are an independent source and our views do not reflect the companies mentioned. oInformation in this release is fact checked and produced on a best efforts basis and reviewed by Nidhi Vatsal, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below. oThis information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public. oIf you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] Investor-edge.com. oFor any urgent concerns or inquiries, please contact us at compliance [at] Investor-edge.com. oAre you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] Investor-edge.com for consideration. COMPLIANCE PROCEDURE Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Investor-edge. An outsourced research services provider represented by Nidhi Vatsal, CFA, has only reviewed the information provided by Investor-edge in this article or report according to the Procedures outlined by Investor-edge. Investor-edge is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be. NOT FINANCIAL ADVICE Investor-edge makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein. NO WARRANTY OR LIABILITY ASSUMED Investor-edge is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Investor-edge whatsoever for any direct, indirect or consequential loss arising from the use of this document. Investor-edge expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Investor-edge does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute. SOURCE Investor-Edge Contact: CONTACT PERSON: Adam Redford CONTACT PHONE: +852-8191-3972
Technical Snapshot - Communication Equipment Stocks: Alcatel-Lucent, QUALCOMM, Ericsson, and Ciena
Press spacebar to pause and continue. Press esc to stop.