Macy's, Sears Holdings, Starbucks, and Panera Bread Early Briefing and Review
LONDON, April 1, 2013 /PRNewswire/ --
Broader issues like Cyprus crisis kept the markets subdued throughout the past week. Major indices remained range bound and closed the week with marginal gains. With a new week starting, markets are expected to make a comeback as the Feds are expected to keep up their policies. Job growth is also likely to remain robust, adding more vigor to the market. Our research team tracked the Services sector, focusing on major companies like Macy's Inc. (NYSE: M), Sears Holdings Corporation (NASDAQ: SHLD), Starbucks Corporation (NASDAQ: SBUX) and Panera Bread Co. (NASDAQ: PNRA). StockCall has released free charting and technical research on these aforementioned companies. Register to read these reports at
http://www.stockcall.com/report
Macy's Inc. traded in the range of $41.33 and $41.94 in its latest trading session and ended the day at $41.84, up 0.26 percent. The stock's 52 weeks range stands at $32.31 and $42.89. Macy's has gained 5.31 percent of its value in the past 12 months, while it gained 11.99 percent on a YTD basis. The company is in a bullish mode and may find its first support level at $41.33. It is trading above its 20-day moving average and 50-day moving average price of $41.81 and $40.37 respectively, confirming this bullish trend. Macy's is likely to touch $43.09 price level in the coming sessions. Sign up for the free report on M at
http://www.StockCall.com/M040113.pdf
Sears Holdings Corporation traded in the range of $49.05 and $50.85 in Thursday's session. Its volume stood at 813,891 shares, down from its average daily volume of 823,427. Sears closed the session at $49.97, down 1.38 percent. The stock is currently trading below its long-term moving average price of $49.99, showing a neutral trend. In the coming sessions, the Department Stores company is expected to go as high as $52.94, while its first support level is at $49.04. The stock trades at beta of 2.00 which translates in high volatility. It has appreciated 26.51 percent on a YTD basis. SHLD free technical report can be accessed by signing up at
http://www.StockCall.com/SHLD040113.pdf
Starbucks Corporation made an upward movement with 0.07 percent gain in its latest trading session on Thursday. The company's stock ended at $56.95 and its highest price point for the session stood at $57.26. In the past 12 months, the stock has gained 1.9 percent while its YTD gain stands at 8.19 percent. Starbucks trades at beta of 1.17, which implies high volatility. Volume was 3.81 million in last Thursday's session, in comparison to its regular daily volume of 5.70 million shares. The coffee giant is expected to touch $58.67 in the coming sessions. Free report on SBUX can be accessed by registering at
http://www.StockCall.com/SBUX040113.pdf
Panera Bread Co. 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 0.90 percent higher at $165.24, further confirming the positive trend. Panera Bread exchanged 354,690 shares during last Thursday's session. The stock has underperformed the broader markets and has gained 5.38 percent so far this year. However, it is likely to go up to $166.70 in the coming sessions. Its second resistance level is at $167.63. Panera Bread commands market capitalization of $4.89 billion. Register with StockCall and download the research on PNRA for free at
http://www.StockCall.com/PNRA040113.pdf
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