Technical Briefing on Home Depot, Coinstar, Liquidity Services, and Rent-A-Center
LONDON, April 17, 2013 /PRNewswire/ --
Markets broke their losing streak and closed in green territory in Tuesday's trading session as The Dow Jones Index showed 1.08 percent gain to close at 14,756.78. The positive impetus for the markets came in the form of encouraging earnings reports issued by major companies. The services sector also followed the lead and major stocks like The Home Depot Inc. (NYSE: HD), Coinstar Inc. (NASDAQ: CSTR) and Rent-A-Center Inc. (NASDAQ: RCII) closed higher. Liquidity Services Inc. (NASDAQ: LQDT) also showed healthy gains. The markets are likely to remain steady as the earnings season progresses. StockCall has posted free technical research reports on HD, CSTR, LQDT, and RCII and these can be accessed by signing up at
http://www.stockcall.com/analysis
The Home Depot Inc. slipped marginally with above average volume to end its latest session at $72.46. The stock ended 0.32 percent higher than its previous close. Its volume for the day stood at 8.12 million shares. The stock is currently trading higher than its 20-day SMA of $72.41 and its 50-day SMA of $72.27, showing a bullish trend. Its first resistance level is at $72.85 while it may tumble down to $72.33 before receiving any support. Home Depot's stock is up 19.47 percent on a YTD basis, while offering 2.15 percent dividend yield. The company's market capitalization stands at $107.40 billion. Download the free report on HD upon registration at
http://www.StockCall.com/HD041713.pdf
Coinstar Inc. closed Tuesday's trading session at $57.73, up 0.09 percent from its previous close. The stock shows a bullish trend and may find resistance at $58.76. Upon breaching this level, it may go down to $60.17 level. Coinstar traded 611,383 shares during yesterday's session, and it oscillated in the range of $57.07 and $57.89. The company's stock grew 14.48 percent on a YTD basis while it has declined 12.24 percent in the past 52 weeks. Its market capitalization is at $1.61 billion, and the stock is neutral with beta of 0.84. CSTR has traded in the range of $40.50 and $71.82 in the past 52 weeks. CSTR technical report can be accessed for free by signing up at
http://www.StockCall.com/CSTR041713.pdf
Liquidity Services Inc. ended its latest trading session at $32.98, up 3.42 percent from its previous close. Despite its latest upward movement, the stock is still down 17.36 percent on a YTD basis, while its 52 weeks loss stands at 35.71 percent. The company's stock oscillated in the range of $31.98 and $33.05 during Tuesday's session. It traded 280,864 shares and shows a mild bullish trend. The stock may touch $34.02 in the coming trading sessions. Upon breaching this level, its next resistance level is at $34.75. Free report on LQDT can be accessed by registering at
http://www.StockCall.com/LQDT041713.pdf
Rent-A-Center Inc. is up in Tuesday's trading session. The stock closed 0.73 percent higher at $35.85 with below average volume of 430,590 shares, showing a neutral trend. Rent-A-Center Inc. has its first support level at $35.68. Upon breaching this level, its next support level is at $35.30. The company's stock is currently trading near its 52-week high of $38.38, while its 52-week low stands at $31.22. It commands market capitalization of $2.09 billion. Rent-A-Center is also trading above its short-term and long-term average price. Its stock has beta of 0.83, implying neutrality. Register with StockCall and download the research on RCII for free at
http://www.StockCall.com/RCII041713.pdf
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