Technical Study: MGM Resorts Intl., Macy's Inc., Ascena Retail Group Inc., and Signet Jewelers Ltd
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LONDON, September 20, 2013 /PRNewswire/ --
The U.S. equity market closed on a mixed note on Thursday, September 19, 2013. The S&P 500 and the Dow Jones Industrial Average ended lower, while the NASDAQ Composite posted gains. Shares in the services sector ended on a mixed note as the broader market fluctuated between gains and losses. MGM Resorts International (NYSE: MGM), Macy's Inc. (NYSE: M), Ascena Retail Group Inc. (NASDAQ: ASNA), and Signet Jewelers Ltd. (NYSE: SIG), were amongst the major movers. AAAResearchReports.com free coverage on MGM, M, ASNA, and SIG is available upon registration at:
MGM Resorts International's stock rose sharply on Thursday, hitting a new 52-week high of $20.30. The company's shares finished the day at $20.18, up 2.07% from the previous day's closing price of $19.77. The company's shares vacillated between $19.83 and $20.30 during the trading session. A total of 12.88 million shares were traded, which is above the daily average volume of 8.68 million. The company's stock has rallied 17.33% in the previous one month and 34.62% in the last three months, compared to a gain of 4.63% and 5.73% in the S&P 500 during the respective periods. Furthermore, MGM Resorts International's stock is trading above its 50-day and 200-day moving averages of $17.24 and $14.24, respectively. Download free technical research on MGM by signing up at:
Shares in Macy's Inc. edged lower on Thursday, reversing some of the gains from the previous trading session. The company's shares fluctuated between $45.34 and $45.98 before closing the day 0.29% lower at $45.45. A total of 3.42 million shares were traded, which is less than the daily average volume of 4.64 million. The company's shares have gained 1.07% in the previous three trading sessions, underperforming the S&P 500 which has gained 1.46% during the same period. Further, the company's stock is currently trading above its 200-day moving average of $43.85. Register now and get access to free analysis on M at:
On Thursday, Ascena Retail Group Inc.'s shares closed the day at $17.02, which is 0.29% lower than the previous day's price of $17.07. The company's shares oscillated between $16.99 and $17.23 during the trading session. A total of 1.17 million shares were traded, which is marginally below the daily average volume of 1.18 million. The company's shares have gained 0.65% in the previous three trading sessions, compared to a gain of 1.46% in the S&P 500 during the same period. Additionally, Ascena Retail Group Inc.'s shares are trading below their 50-day and 200-day moving averages of $17.59 and $18.06, respectively. Sign up and read our complimentary report on ASNA at:
Signet Jewelers Ltd's shares rose sharply on Thursday, extending the gains from the previous trading session. The company's shares finished the day 2.07% higher at $71.89 after fluctuating between $70.69 and $72.40 during the trading session. A total of 0.85 million shares were traded, which is above the daily average volume of 0.51 million. The company's shares have gained 3.99% in the previous three trading sessions, outperforming the S&P 500 which has advanced 1.46% during the same period. Further, Signet Jewelers Ltd's stock is trading above its 50-day and 200-day moving averages of $71.05 and $65.48, respectively. The free report on SIG can be downloaded by signing up now at:
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SOURCE AAA Research Reports
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