Coach, Nike, Crocs, Deckers Outdoor, and Iconix Brand Early Briefing and Review
LONDON, April 22, 2013 /PRNewswire/ --
Major indices closed the last session of the previous trading week on a positive note. The Dow Jones Index closed 0.07 percent higher on volume of 14,547.51, showing a 2.14 percent loss for the week. Despite the gains, the markets remained subdued due to an increase in jobless claims. Consumer goods sector showed good gains. Our research team followed companies like Coach Inc. (NYSE: COH), Nike Inc. (NYSE: NKE), Crocs Inc. (NASDAQ: CROX), Deckers Outdoor Corp (NASDAQ: DECK), and Iconix Brand Group Inc. (NASDAQ: ICON). StockCall has released free charting and technical research on these aforementioned companies. Register to read these reports at
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Despite the upward trend shown by broad market indices, Coach's stock finished 0.35 percent lower at $51.20, with volume marginally down from daily average of 5.71 million to 5.69 million. The stock is down in 2013 with its Year-to-date gain at 5.71 percent. However, the stock currently shows a bullish trend which is further confirmed by the stock's MACD chart. The company has its first resistance level at $52.46. Sign up for the free report on COH at
http://www.StockCall.com/COH042213.pdf
Nike Inc. traded in the range of $60.27 and $61.04 in its latest trading session and ended the day at $60.92, up 1.23 percent. The stock's 52 weeks range stands at $42.55 and $61.38. Nike has gained 10 percent of its value in the past 12 months, while it gained 19.47 percent on a YTD basis. The stock is in a bullish mode and may find its first support level at $59.88. It is trading above its 20-day moving average of $59.72. NKE free technical report can be accessed by signing up at
http://www.StockCall.com/NKE042213.pdf
Crocs Inc. is currently trading above its 20-day and 50-day moving average price and is in a bullish mode. It also ended its latest trading session 2.14 percent higher at $15.27, further confirming the trend. Crocs exchanged 1.53 million shares during Friday's session. The stock has underperformed the broader markets and has gained 10.09 percent so far this year. However, it is likely to go up to $15.53 in the coming trading sessions. Its second resistance level is at $15.71. The company commands market capitalization of $1.35 billion. Free report on CROX can be accessed by registering at
http://www.StockCall.com/CROX042213.pdf
Deckers Outdoor Corp moved up with marginally lower-than-average volume to end its latest session at $57.98. The stock ended 1.76 percent higher than its previous close. Its volume for the day stood at 1.16 million shares. The stock is currently trading above its 20-day SMA of $57.75 and its 50-day SMA of $57.78, showing a bullish trend. Its first resistance level is at $59.08 while it may tumble down to $57.91 before receiving any support. The stock is up 52.9 percent on a YTD basis. Register with StockCall and download the research on DECK for free at
http://www.StockCall.com/DECK042213.pdf
Iconix Brand Group Inc. ended its latest trading session at $24.96, up 1.67 percent from its previous close. With its latest upward movement, the stock is now up 14.23 percent on a YTD basis, while its 52 weeks gain stands at 46.05 percent. Iconix Brand's stock oscillated in the range of $24.36 and $25.11 during Friday's session. It traded 699,795 shares and shows a mild bullish trend. The stock may touch $26.00 in the coming trading sessions. Read the full free research on ICON by signing up to StockCall at
http://www.StockCall.com/ICON042213.pdf
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