Technical Study: Kellogg Co., Hillshire Brands Co., McCormick & Co. Inc., and Diamond Foods Inc.
LONDON, August 30, 2013 /PRNewswire/ --
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The S&P 500 closed 0.20% higher at 1,638.17 on Thursday August 29, 2013. Shares in the processed and packaged goods industry mostly ended on a higher note, as the broader market edged higher. The major movers in the sector included Kellogg Company (NYSE: K), Hillshire Brands Company (NYSE: HSH), McCormick & Company Inc. (NYSE: MKC) and Diamond Foods Inc. (NASDAQ: DMND). AAAResearchReports.com free coverage on K, HSH, MKC, and DMND is available upon registration at:
Kellogg Company's stock fell by 0.80% on Thursday, extending its losses from previous trading sessions. The company's shares ended the day at $60.59 after fluctuating between $60.28 and $60.96. A total of 1.41 million shares were traded, which is below the daily average volume of 1.69 million. The company's shares have fallen by 9.42% in the last one month and 4.75% in the last three months, underperforming the S&P 500 during the respective periods. Further, the company' stock is trading below its 50-day and 200-day moving averages. Download free technical research on K by signing up at:
Shares in Hillshire Brands Company closed nearly flat on Thursday. The company's shares ended the day at $32.38, up 0.03%, after fluctuating between $32.07 and $32.83. A total of 1.68 million shares were traded, which is above the daily average volume of 1.15 million. The company's shares have lost 7.67%, in the last one month, compared to a loss of 2.80% in the S&P 500 during the same period. Further, Hillshire Brands Company's stock is trading below its 50-day and 200-day moving averages. Register now and get access to free analysis on HSH at:
On Thursday, shares in McCormick & Company Inc. ended on a higher note, reversing some of its recent losses. The company's shares vacillated between $66.67 and $67.74 to end the day 0.78% higher at $67.61. A total of 0.42 million shares were traded, which is below the daily average volume of 0.55 million. The company's shares have fallen by 5.94% in the last three months, underperforming the S&P 500 which has fallen by 0.62% during the same period. Furthermore, McCormick & Company Inc.'s stock is trading below its 50-day and 200-day moving averages. Sign up and read our complimentary report on MKC at:
Diamond Foods Inc. rose sharply on Thursday to close at $21.37, which is 2.44% higher than the previous day's closing price of $20.86. The company's shares oscillated between $21.05 and $21.70. A total of 0.32 million shares were traded, which is below the daily average volume of 0.34 million. Further, the stock has gained 1.96% in the last one month and 33.73% in the last three months, outperforming the S&P 500 which has fallen by 2.80% and 0.62% during the respective periods. Additionally, Diamond Foods Inc.'s stock is trading above its 50-day and 200-day moving averages. The free report on DMND can be downloaded by signing up now at:
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