Today's Technical View: Verizon Communications Inc., Cincinnati Bell Inc., TIM Participacoes S.A., and China Unicom Hong Kong Ltd
LONDON, September 18, 2013 /PRNewswire/ --
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The U.S. equity market edged higher on Tuesday, September 17, 2013. The S&P 500 ended the day at 1,704.76, up 0.42%; the Dow Jones Industrial Average closed at 15,529.73, up 0.23%; and the NASDAQ Composite finished at 3,745.70, up 0.75%. Shares in the telecom sector advanced as the broader market posted gains. The major movers in the sector included Verizon Communications Inc. (NYSE: VZ), Cincinnati Bell Inc. (NYSE: CBB), Tim Participacoes S.A. (NYSE: TSU), and China Unicom Hong Kong Ltd. (NYSE: CHU). All these companies are tracked by AAAResearchReports.com. Free in-depth technical analysis on VZ, CBB, TSU, and CHU are currently available upon signing up at:
Verizon Communications Inc.'s stock edged higher on Tuesday, extending the gains from previous trading sessions. The company's shares ended the day 0.56% higher at $48.57 after vacillating between $48.27 and $48.70. A total of 10.27 million shares were traded, which is below the daily average volume of 12.23 million. Verizon Communications Inc.'s stock is up 2.58% in the previous three trading sessions, outperforming the S&P 500 which has gained 1.27% during the same period. Additionally, the company's shares are trading above their 200-day moving average of $48.02. Sign up for free technical analysis on VZ at:
Shares in Cincinnati Bell Inc. rose sharply on Tuesday, reversing all of the losses from the previous trading session. The company's shares vacillated between $2.99 and $3.01 before finishing the day 1.01% higher at the intra-day high of $3.01. A total of 0.55 million shares were traded, which is below the daily average volume of 1.13 million. Cincinnati Bell Inc.'s shares have fallen by 1.63% in the previous three trading sessions, compared to a gain of 1.27% in the S&P 500 during the same period. Further, the company's stock is trading below its 50-day and 200-day moving averages of $3.23 and $3.81, respectively. Download free report on CBB by registering at:
On Tuesday, Tim Participacoes S.A.'s stock also rose sharply to end the day at $22.50, which is 1.67% higher than the previous day's closing price of $22.13. The company's shares fluctuated between $22.10 and $22.81 during the trading session. A total of 1.82 million shares were traded, which is above the daily average volume of 0.96 million. Tim Participacoes S.A.'s shares have surged 16.28% in the last one month and 18.80% in the previous three months, outperforming the S&P 500 which has gained 2.96% and 4.01% during the respective periods. Moreover, the company's stock is trading near its 52-week high of $22.96 as well as above its 50-day and 200-day moving averages of $19.77 and $20.07, respectively. The free report on TSU can be downloaded by signing up now at:
Shares in China Unicom Hong Kong Ltd. gained 0.31% on Tuesday, reversing all the losses from the previous trading session. The company's shares ended the day at $16.23 after fluctuating between $16.18 and $16.32. A total of 0.31 million shares were traded, which is less than the daily average volume of 0.50 million. China Unicom Hong Kong Ltd.'s shares have advanced 4.64% in the last one month and 19.08% in the previous three months, compared to a gain of 2.96% and 4.01% in the S&P 500 during the respective periods. Furthermore, the company's stock is trading above its 50-day and 200-day moving averages of $14.90 and $14.66, respectively. A free report on CHU can be accessed by registering at:
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