Technical Study: Dana Holding Corp., Crocs Inc., Hanesbrands Inc., and Skullcandy Inc.
LONDON, October 9, 2013 /PRNewswire/ --
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The U.S. equity market declined on Tuesday, October 8, 2013. The S&P 500 fell by 1.23%, closing at 1,655.45; the Dow Jones Industrial Average lost 1.07%, closing at 14,776.53; and the NASDAQ Composite closed at 3,694.83, down 2.00%. Shares of companies in the consumer goods sector fell sharply, tracking losses in the broader market. The major movers in the sector included Dana Holding Corporation (NYSE: DAN), Crocs Inc. (NASDAQ: CROX), Hanesbrands Inc. (NYSE: HBI), and Skullcandy Inc. (NYSE: SKUL). AAAResearchReports.com free coverage on DAN, CROX, HBI, and SKUL is available upon registration at:
Dana Holding Corp.'s stock plummeted on Tuesday, extending its losses from the previous trading session. The company's shares closed the day at $21.62, down 3.40%, after oscillating between $21.56 and $22.45. A total of 3.06 million shares were traded, which is above the daily average volume of 1.65 million. The company's shares have advanced 2.90% in the previous three months, compared to a gain of 0.91% in the S&P 500 during the same period. Furthermore, Dana Holding Corp.'s stock is trading above its 200-day moving average of $18.72. Download free technical research on DAN by signing up at:
On Tuesday, Crocs Inc.'s stock fell sharply to close at $13.27, which is 1.04% lower than the previous day's closing price of $13.41. The company's shares oscillated between $13.13 and $13.59 during the trading session. A total of 1.19 million shares were traded, which is below the daily average volume of 1.62 million. The company's shares have declined 1.92% in the previous three trading sessions, compared to a loss of 1.38% in the S&P 500 during the same period. Additionally, Crocs Inc.'s stock is trading below its 50-day and 200-day moving averages of $13.60 and $15.20, respectively. Register now and get access to free analysis on CROX at:
Hanesbrands Inc.'s stock also plummeted on Tuesday, tracking losses in the broader market. The company's shares closed the day at $58.67, down 3.09%, after oscillating between $58.40 and $60.78. A total of 1.13 million shares were traded, which is above the daily average volume of 0.78 million. Despite Tuesday's losses, the company's shares have gained 11.56% in the previous three months, compared to a gain of 0.91% in the S&P 500 during the same period. Moreover, Hanesbrands Inc.'s stock is trading above its 200-day moving average of $49.43. Sign up and read our complimentary report on HBI at:
On Tuesday, Skullcandy Inc.'s stock plummeted 5.21%, as the U.S. equity market ended on a negative note. The company's shares ended the day at $5.74 after fluctuating between $5.71 and $6.17. A total of 0.52 million shares were traded, which is above the daily average volume of 0.34 million. Despite Tuesday's decline, the company's shares have advanced 4.65% in the previous one month, outperforming the S&P 500 which has gained 0.02% during the same period. Further, Skullcandy Inc.'s stock is trading above its 50-day moving average of $5.70. The free report on SKUL can be downloaded by signing up now at:
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SOURCE AAA Research Reports
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