Today's Technical View: American Eagle Outfitters, Chico's FAS, L Brands, and Wet Seal Editor Note: For more information about this release, please scroll to bottom.
LONDON, July 29, 2013 /PRNewswire/ --
According to the International Council of Shopping Centers, US retail sales receipts climbed 1.40% in the week ended Friday, July 19. Meanwhile, a report released on Friday, July 26, 2013, showed that consumer sentiment in the US improved in July. In fact, consumer sentiment rose to the highest level in six years. The improving consumer confidence and solid retail sales data augur well for apparel stores. Shares in apparel stores ended on a mixed note even as the broader market edged higher. The major movers in the industry included American Eagle Outfitters (NYSE: AEO), Chico's FAS Inc. (NYSE: CHS), L Brands Inc. (NYSE: LTD), and The Wet Seal Inc. (NASDAQ: WTSL). All these companies are tracked by AAAResearchReports.com. Free in-depth technical analysis on AEO, CHS, LTD, and WTSL are currently available upon sign up at:
Shares of American Eagle Outfitters moved higher on Friday, extending their gains from previous trading sessions. The company's shares fluctuated between $18.87 and $19.26 before finishing the day 0.26% higher at $19.20. A total of 1.73 million shares were traded, which is below the daily average volume of 2.31 million. American Eagle Outfitters' shares have gained 1.21% in the last three trading sessions as compared to a loss of 0.04% in the S&P 500. The stock has gained 5.15% in the last one month as compared to a gain of 5.31% in the S&P 500. Sign up for free technical analysis on AEO at:
Chico's FAS Inc.'s stock moved lower on Friday, ending the session at $16.67, down 1.19% from its previous closing price. The company's shares traded between $16.55 and $16.82. A total of 1.48 million shares were traded, which is below the daily average volume of 2.33 million. The company's shares have fallen by 2.29% in the last one month and 6.66% in the last three months, underperforming the S&P 500. Download free report on CHS by registering at:
Shares of L Brands Inc. edged higher on Friday, extending their gains for the week. The company's shares ended the day 0.81% higher at $53.68 after hitting a 52-week high of $53.77. A total of 1.49 million shares were traded which is below the daily average volume of 2.25 million. L Brands' shares have gained 2.27% last week, thus outperforming the S&P 500 which fell 0.03%. The stock has outperformed the S&P 500 in the last one month as well, gaining 8.99%. Furthermore, the stock is currently trading above its 50-day and 200-day moving averages. The free report on LTD can be downloaded by signing up now at:
The Wet Seal Inc.'s stock fell sharply on Friday even as the broader market posted gains. The company's shares finished the day 2.11% lower at $4.65 after oscillating between $4.64 and $4.73. A total of 383,172 shares were traded, which is below the daily average volume of 1.10 million. The company's shares have gained 48.09% in the last three months, outperforming the S&P 500 which has gained 6.91% in the same period. A free report on WTSL can be accessed by registering at:
1st Paragraph Source
http://stockcharts.com/h-sc/ui?s=LTD (Source for 50-and 200-day moving averages)
http://stockcharts.com/h-sc/ui?s=WTSL (Source for 50-day moving average)
- This is not company news. We are an independent source and our views do not reflect the companies mentioned.
- Information in this release is fact checked and produced on a best efforts basis and reviewed by a CFA. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
- This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
- If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco@EquityNewsNetwork.com.
- For any urgent concerns or inquires, please contact us at compliance@EquityNewsNetwork.com.
- Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research@EquityNewsNetwork.com for consideration.
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider has, through Chartered Financial Analysts, only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
NOT FINANCIAL ADVICE
Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
SOURCE AAA Research Reports