Today's Technical View: East West Bancorp Inc., Royal Bank of Canada, PartnerRe Ltd, and Protective Life Corp.
LONDON, September 17, 2013 /PRNewswire/ --
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On Monday, September 16, 2013, the S&P 500 ended the day at 1,697.60, up 0.57%; the Dow Jones Industrial Average closed at $15,494.78, up 0.77%; while the NASDAQ Composite finished at 3,717.85, down 0.12%. Shares in the financial sector ended higher, even as the broader market closed on a mixed note. The major movers in the sector included East West Bancorp Inc. (NASDAQ: EWBC), Royal Bank of Canada (NYSE: RY), PartnerRe Ltd. (NYSE: PRE), and Protective Life Corporation (NYSE: PL). All these companies are tracked by AAAResearchReports.com. Free in-depth technical analysis on EWBC, RY, PRE, and PL are currently available upon signing up at:
Shares in East West Bancorp Inc. advanced on Monday, extending the gains from the previous trading session. The company's shares closed the day at $29.90, up 0.57%, after fluctuating between $29.72 and $30.16. A total of 0.66 million shares were traded, which is below the daily average volume of 0.89 million. The company's shares have gained 1.15% in the previous three trading sessions and 12.92% in the last three months, outperforming the S&P 500 which has gained 0.50% and 4.36% during the respective periods. Further, East West Bancorp Inc.'s stock is trading above its 200-day moving average of $25.83. Sign up for free technical analysis on EWBC at:
Royal Bank of Canada's stock rose 0.98% on Monday, reversing most of the losses from the previous trading session. The company's shares vacillated between $63.67 and $64.22 before finishing the day at $63.84. A total of 0.26 million shares were traded, which is below the daily average volume of 0.68 million. The company's shares have gained 2.34% in the last one month and 8.31% in the previous three months, compared to a gain of 2.52% and 4.36% in the S&P 500 during the respective periods. Additionally, Royal Bank of Canada's stock is trading close to its 52-week high of $64.41 as well as above its 50-day and 200-day moving averages of $61.86 and $60.83, respectively. Download free report on RY by registering at:
On Monday, PartnerRe Ltd's stock rose sharply to close at$90.50, up 2.03% from the previous day's closing price of $88.70. The company's shares oscillated between $89.15 and $91.12 during the trading session. A total of 0.46 million shares were traded, which is below the daily average volume of 0.53 million. The company's shares have gained 2.68% in the previous three trading sessions and 3.43% in the last one month, outperforming the S&P 500 which has advanced 0.50% and 2.52% during the respective periods. Moreover, PartnerRe Ltd's stock is trading above its 50-day and 200-day moving averages of $89.19 and $88.47, respectively. The free report on PRE can be downloaded by signing up now at:
Shares in Protective Life Corp. edged higher on Monday, reversing the losses from the previous trading session. The company's shares ended the session 0.77% higher at $44.35, after trading between $44.17 and $44.80. A total of 0.40 million shares were traded, which is below the daily average volume of 0.42 million. The company's stock is up 3.86% in the last one month and 16.43% in the previous three months, compared to a gain of 2.52% and 4.36% in the S&P 500 during the respective periods. Furthermore, Protective Life Corp.'s stock is trading above its 50-day and 200-day moving averages of $42.84 and $36.32, respectively. A free report on PL can be accessed by registering at:
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SOURCE AAA Research Reports