LONDON, June 24, 2014 /PRNewswire/ --
On Monday, June 23, 2014, the NASDAQ Composite ended at 4,368.68, up 0.01%, the Dow Jones Industrial Average finished the day 0.06% lower at 16,937.26, and the S&P 500 closed at 1,962.61, down 0.01%. The gains were broad based as six out of ten sectors ended the session in positive. The S&P 500 Information Technology Sector Index ended the day at 628.39, up 0.26%, and the index has advanced 3.02% in the last one month. Investor-Edge has initiated coverage on the following equities: Nuance Communications Inc. (NASDAQ: NUAN), NQ Mobile Inc. (NYSE: NQ), Adobe Systems Inc. (NASDAQ: ADBE) and Splunk Inc. (NASDAQ: SPLK). Free technical research on NUAN, NQ, ADBE and SPLK can be downloaded upon signing up at:
http://www.investor-edge.com/4124-register
On Monday, Nuance Communications Inc.'s stock recorded a trading volume of 3.57 million shares, lower than its three months average volume of 3.80 million shares. The stock finished the day at $19.51, up 0.21%, and registered an intraday range of $19.39 and $19.61. Nuance Communications Inc.'s shares have advanced 23.48% in the last one month and 15.86% in the previous three months. Also, the stock has rallied 28.36% on YTD basis. Furthermore, the company's stock is trading above its 50-day and 200-day moving averages. The stock's 50-day moving average of $16.44 is above its 200-day moving average of $16.25. Additionally, shares of the company have a Relative Strength Index (RSI) of 84.00. Sign up today to read free research on NUAN at:
http://www.investor-edge.com/4124-NUAN-24Jun2014.pdf
NQ Mobile Inc.'s stock fell by 2.18%, to close Monday's session at $7.19, after oscillating between $7.02 and $7.36. The stock recorded a trading volume of 5.10 million shares, close to its three months average volume of 5.09 million shares. Over the last one month and previous three months, NQ Mobile Inc.'s shares have lost 5.77% and 63.43%, respectively. Also, from the beginning of 2014, the company's stock has fallen by 51.09%. The stock is trading below its 50-day and 200-day moving averages. The company stock's 200-day moving average of $15.16 is above its 50-day moving average of $10.06. Further, the company's stock has an RSI of 38.13. Sign up today to read free research on NQ at:
http://www.investor-edge.com/4124-NQ-24Jun2014.pdf
On Monday, Adobe Systems Inc.'s stock finished the session 0.39% higher at $72.89. A total of 2.35 million shares were traded, which was below its three months average volume of 3.79 million shares. The stock moved between $72.29 and $73.16 during the session. Over the last one month and past three months, Adobe Systems Inc.'s shares have surged 13.36% and 8.56%, respectively. Also, the stock has gone up 21.73% since the start of this year. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $63.76 is greater than its 200-day moving average of $59.87. Adobe Systems Inc.'s stock traded at a PE ratio of 131.56 and has an RSI of 76.93. Sign up today to read free research on ADBE at:
http://www.investor-edge.com/4124-ADBE-24Jun2014.pdf
Shares in Splunk Inc. fluctuated between $50.28 and $52.62 before ending Monday's session up 3.53%, at $52.49. The company's stock reported a trading volume of 3.41 million shares, below its three months average volume of 4.41 million shares. Further, shares of Splunk Inc. have gained 3.88% over the past three trading sessions and 14.13% over the last one month. However, the stock has plummeted 23.56% on YTD basis. The stock is trading above its 50-day moving average. The stock's 200-day moving average of $65.96 is greater than its 50-day moving average of $50.43. Moreover, shares of the company have an RSI of 58.43. Sign up today to read free research on SPLK at:
http://www.investor-edge.com/4124-SPLK-24Jun2014.pdf
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