Technology Sector Stocks Technical Coverage - Akamai Technologies, YY Inc., Match Group, and TrueCar

Jul 05, 2016, 08:50 ET from Chelmsford Park SA

NEW YORK, July 5, 2016 /PRNewswire/ --

On Friday, July 01, 2016, the NASDAQ Composite ended the trading session at 4,862.57, up 0.41%; the Dow Jones Industrial Average edged 0.11% higher, to finish at 17,949.37; and the S&P 500 closed at 2,102.95, up 0.19%. The gains were broad based as seven out of nine sectors ended the session in positive. has initiated coverage on the following equities: Akamai Technologies Inc. (NASDAQ: AKAM), YY Inc. (NASDAQ: YY), Match Group Inc. (NASDAQ: MTCH), and TrueCar Inc. (NASDAQ: TRUE). Learn more about these stocks by accessing their free trade alerts at:

Akamai Technologies Inc.'s stock edged 0.77% lower to close the day at $55.50 with a total volume of 1.24 million shares traded. The Company's shares have advanced 1.09% in the last one month and 0.31% in the past three months. The stock is trading 5.38% above its 50-day moving average. Additionally, Akamai Technologies' stock traded at a PE ratio of 31.29 and has a Relative Strength Index (RSI) of 56.62. The Company was founded in 1998 and is headquartered in Cambridge, Massachusetts. Sign up and read the free notes on AKAM at:

On Friday, shares in YY Inc. which through its subsidiaries, operates an online social platform in the People's Republic of China, ended the session 1.77% higher at $34.47 with a total volume of 520,254 shares traded. Shares of the Company traded at a PE ratio of 13.10. The stock is trading 25.56% below its 50-day moving average. Moreover, shares of YY Inc. have an RSI of 28.55. The Company was founded in 2005 and is headquartered in Guangzhou, the People's Republic of China. The complimentary notes on YY can be downloaded in PDF format at:

On Friday, shares in Dallas, Texas headquartered dating products provider, Match Group Inc., ended the day 3.08% higher at $15.54 with a total volume of 973,634 shares traded. Shares of the Company traded at a PE ratio of 47.52. The Company's shares have gained 14.77% in the last one month, and 36.92% in the previous three months. The stock is trading above its 50-day and 200-day moving averages by 13.27% and 23.01%, respectively. Furthermore, shares of Match Group have an RSI of 60.38. Register for free on and access the latest research on MTCH at:

TrueCar Inc., together with its subsidiaries, operates as an Internet-based information, technology, and communication services Company. The stock finished Friday's session 1.53% higher at $7.97 with a total volume of 775,397 shares traded. Over the last one month and the previous three months, the Company's shares have surged 9.78% and 51.23%, respectively. The stock is trading above its 50-day and 200-day moving averages by 15.70% and 20.17%, respectively. TrueCar's stock has an RSI of 63.57. Get free access to your trade alert on TRUE at:

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