Technical Pointers on Specialty Retail Equities -- Research on Chico's FAS, Abercrombie & Fitch, Ross Stores, and L Brands Editor Note: For more information about this release, please scroll to bottom.
LONDON, May 14, 2014 /PRNewswire/ --
On Tuesday, May 13, 2014, the NASDAQ Composite ended at 4,130.17, down 0.33%, the Dow Jones Industrial Average finished the day 0.12% higher at 16,715.44, and the S&P 500 closed at 1,897.45, up 0.04%. The gains were broad based as six out of ten sectors ended the session in positive. The S&P 500 Consumer Discretionary Sector Index ended the day at 510.59, down 0.35%, and the index has advanced 3.45% in the last one month. Investor-Edge has initiated coverage on the following equities: Chico's FAS Inc. (NYSE: CHS), Abercrombie & Fitch Company (NYSE: ANF), Ross Stores Inc. (NASDAQ: ROST) and L Brands Inc. (NYSE: LB). Free technical research on CHS, ANF, ROST and LB can be downloaded upon signing up at:
On Tuesday, Chico's FAS Inc.'s stock recorded a trading volume of 2.92 million shares, higher than its three months average volume of 2.56 million shares. The stock finished the day at $16.66, up 2.15%, and registered an intraday range of $16.29 and $16.88. Chico's FAS Inc.'s shares have advanced 5.98% in the past three trading sessions and 6.86% in the last one month. However, the stock has lost 11.57% on YTD basis. Furthermore, the company's stock is trading above its 50-day moving average. The stock's 200-day moving average of $16.91 is above its 50-day moving average of $16.10. Additionally, shares of the company traded at a PE ratio of 19.52 and have a Relative Strength Index (RSI) of 56.22. Sign up today to read free research on CHS at:
Abercrombie & Fitch Co.'s stock gained 0.81%, to close Tuesday's session at $38.64, after oscillating between $37.88 and $38.79. The stock recorded a trading volume of 1.37 million shares, below its three months average volume of 2.33 million shares. Over the last one month and previous three months, Abercrombie & Fitch Co.'s shares have gained 8.11% and 12.55%, respectively. Also, from the beginning of 2014, the company's stock has advanced 17.41%. The stock is trading above its 50-day and 200-day moving averages. The company stock's 50-day moving average of $38.16 is above its 200-day moving average of $37.26. Further, the company's stock traded at a PE ratio of 19.44 has an RSI of 57.19. Sign up today to read free research on ANF at:
On Tuesday, Ross Stores Inc.'s stock finished the session 0.73% lower at $69.15. A total of 1.58 million shares were traded, which was below its three months average volume of 1.74 million shares. The stock moved between $69.11 and $69.72 during the session. Over the past three trading sessions, Ross Stores Inc.'s shares have advanced 0.14%. However, the stock has gone-down by 0.62% over the past three months and 7.71% since the start of this year. The company's shares are trading below their 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $71.62 is greater than its 50-day moving average of $70.74. Ross Stores Inc.'s stock traded at a PE ratio of 17.87 and it has an RSI of 53.09. Sign up today to read free research on ROST at:
Shares in L Brands Inc. fluctuated between $56.99 and $57.91 before ending Tuesday's session up 0.61%, at $57.54. The company's stock reported a trading volume of 1.23 million shares, below its three months average volume of 1.82 million shares. Further, L Brands Inc.'s shares have surged 6.46% over the last one month and 7.00% over the past three months. However, the stock has fallen by 5.25% on YTD basis. The stock is trading above its 50-day moving average. The stock's 200-day moving average of $57.60 is greater than its 50-day moving average of $56.12. Moreover, shares of the company traded at a PE ratio of 18.87 and have an RSI of 61.89. Sign up today to read free research on LB at:
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