Technical Update on Active Stocks -- Research on Nabors Industries, BlackBerry, Office Depot, and Staples

LONDON, April 22, 2014 /PRNewswire/ --

On Monday, April 21, 2014, the NASDAQ Composite ended at 4,121.55, up 0.64%, the Dow Jones Industrial Average finished the session 0.25% higher at 16,449.25, and the S&P 500 closed at 1,871.89, up 0.38%. The gains were broad based as eight out of ten sectors posted gains. Investor-Edge looks at some of the equities which attracted the most attention and traded the most shares during the session. These include Nabors Industries Ltd (NYSE: NBR), BlackBerry Ltd (NASDAQ: BBRY), Office Depot Inc. (NYSE: ODP) and Staples Inc. (NASDAQ: SPLS). Free technical research on NBR, BBRY, ODP and SPLS can be downloaded upon signing up at:

http://www.investor-edge.com/1488-register

Nabors Industries Ltd's stock recorded a trading volume of 5.94 million shares, which was above its three months average volume of 5.15 million shares. On Monday, the stock ended the day at $24.76, which was 0.20% lower than its previous day's closing, and registered an intraday range of $24.53 and $24.99. Shares of the company traded at a PE ratio of 23.55. Nabors Industries Ltd's shares have advanced 3.55% in the previous three trading sessions, 5.05% in the last one month and 45.73% on YTD basis. The S&P 500 Energy Sector Index advanced 7.71% in the previous three months, while the S&P 500 gained 1.81% during the same period. The company's stock is trading above its 50-day and 200-day moving averages of $22.48 and $17.95, respectively. Moreover, the stock has a Relative Strength Index (RSI) of 64.04. Sign up today to read free research on NBR at:

http://www.investor-edge.com/1488-NBR-22Apr2014.pdf

Shares in BlackBerry Ltd recorded a trading of 6.18 million shares on Monday, which was much below its three-month average volume of 23.82 million shares. The company's stock finished the day at $7.18, up 0.42% and at an intraday range of $7.10 and $7.20. However, BlackBerry Ltd's shares have declined 0.42% over the previous three trading sessions, 21.79% in the last one month and 3.49% since the start of this year. The S&P 500 Information Technology Sector Index mapped a gain of 1.18% in the previous three trading sessions, while the NASDAQ Composite Index gained 2.17% during the same period. The stock is trading below its 50-day and 200-day moving averages of $9.08 and $8.63, respectively. Further, the company's shares have an RSI of 25.45. Sign up today to read free research on BBRY at:

http://www.investor-edge.com/1488-BBRY-22Apr2014.pdf

On Monday, Office Depot Inc.'s stock recorded a trading of 5.01 million shares, as compared with the three-month average volume of 9.99 million shares. The stock traded at an intraday trading range of $3.97 and $4.08, before closing the day at $4.02, down 0.74%. Office Depot Inc.'s shares have advanced 1.52% in the past three trading sessions, while it has declined 8.01% in the last one month and 24.01% on YTD basis. The S&P 500 Consumer Discretionary Sector Index mapped a loss of 3.73% in the previous one month, while the S&P 500 declined 0.02% during the same period. The stock is trading below its 50-day and 200-day moving averages of $4.59 and $4.77, respectively. Additionally, the company's shares have an RSI of 39.36. Sign up today to read free research on ODP at:

http://www.investor-edge.com/1488-ODP-22Apr2014.pdf

Shares in Staples Inc. reported a trading volume of 5.40 million shares, much below its three-month average volume of 11.80 million shares. The stock ended the day at $11.97, down 0.50% and at an intraday range of $11.86 and $12.05. The company's shares have advanced 4.54% in the last one month, while they have lost 0.83% in the previous three trading sessions and 24.67% since the beginning of this year. The S&P 500 Consumer Discretionary Sector Index declined 1.82% in the previous three months, while the NASDAQ Composite Index fell by 1.81% during the same period. The company's shares are trading below their 50-day and 200-day moving averages of $12.27 and $14.61, respectively. Further, the stock has an RSI of 50.74. Sign up today to read free research on SPLS at:

http://www.investor-edge.com/1488-SPLS-22Apr2014.pdf


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EDITOR'S NOTES:
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