Industrials Sector Stocks Technical Report -- Research on SolarCity, FuelCell Energy, Civeo, and MagneGas Editor Note: For more information about this release, please scroll to bottom.
LONDON, June 25, 2014 /PRNewswire/ --
On Tuesday, June 24, 2014, the NASDAQ Composite ended at 4,350.36, down 0.42%, the Dow Jones Industrial Average declined 0.70%, to finish the day at 16,818.13, and the S&P 500 closed at 1,949.98, down 0.64%. The losses were broad based as eight out of ten sectors ended the session in negative. The S&P 500 Industrials Sector Index ended the day at 466.46, down 1.00%, while the index has advanced 5.10% in the last three months. Investor-Edge has initiated coverage on the following equities: SolarCity Corp. (NASDAQ: SCTY), FuelCell Energy Inc. (NASDAQ: FCEL), Civeo Corp. (NYSE: CVEO) and MagneGas Corp. (NASDAQ: MNGA). Free technical research on SCTY, FCEL, CVEO and MNGA can be downloaded upon signing up at:
SolarCity Corp.'s stock declined 2.80%, to close the day at $68.04. The stock recorded a trading volume of 6.63 million shares, above its three months average volume of 5.62 million shares. The stock oscillated between $67.66 and $71.19 during the session. Over the last one month and over the past three months, SolarCity Corp.'s shares have gained 30.72% and 8.72%, respectively. Additionally, from the beginning of 2014, the company's stock has gained an upside of 19.75%. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $57.38 is greater than its 50-day moving average of $54.35. Additionally, the stock has a Relative Strength Index (RSI) of 76.49. Sign up today to read free research on SCTY at:
On Tuesday, shares in FuelCell Energy Inc. recorded a trading volume of 4.80 million shares, lower than its three months average volume of 10.27 million shares. The stock ended the day at $2.33, which was 3.72% below its previous day's closing of $2.42, and registered an intraday range of $2.32 and $2.41. Although FuelCell Energy Inc.'s shares have lost 5.67% in the previous three trading sessions, it has advanced 9.39% in the last one month and 65.25% on YTD basis. The company's stock is trading above its 50-day and 200-day moving averages of $2.26 and $1.83, respectively. Furthermore, shares of the company have an RSI of 57.29. Sign up today to read free research on FCEL at:
Civeo Corp.'s stock finished the Tuesday's session 0.90% lower at $25.20. A total of 1.25 million shares were traded during the trading session. The stock moved between $25.10 and $25.69 during the session. Civeo Corp.'s shares have declined 2.36% in the previous three trading sessions. However, the stock has surged 14.75% in the last one month. Civeo Corp.'s stock has an RSI of 57.56. Sign up today to read free research on CVEO at:
On Tuesday, shares in MagneGas Corp. traded between $1.35 and $1.56 before ending the session 10.19% lower at $1.41. MagneGas Corp.'s stock reported a trading volume of 2.11 million shares, close to its three months average volume of 2.18 million shares. MagneGas Corp.'s shares have surged 13.70% in the last one month and 220.45% on YTD basis. However, the company's stock has declined 12.42% in the previous three trading sessions. The stock is trading above its 200-day moving average of $0.96, while the 200-day moving average is below MagneGas Corp.'s 50-day moving average of $1.41. Moreover, shares of the company have an RSI of 53.25. Sign up today to read free research on MNGA at:
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