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Market Signal - New High -- Research on EMC Corp., Corning, Brocade Communications Systems, and Nabors Industries

Editor Note: For more information about this release, please scroll to bottom.

LONDON, March 28, 2014 /PRNewswire/ --

On Wednesday, March 26, 2014, the NASDAQ Composite finished at 4,173.58, down 1.43%. The Dow Jones Industrial Average closed the session at 16,268.99, down 0.60% and the S&P 500 ended the day at 1,852.56, lower by 0.70%. The losses were broad based with nine out of ten sectors ending the session in negative. Investor-Edge looks at some of the equities that hit a new 52-week high during the last session. These include EMC Corp. (NYSE: EMC), Corning Inc. (NYSE: GLW), Brocade Communications Systems Inc. (NASDAQ: BRCD) and Nabors Industries Ltd (NYSE: NBR). Free technical research on EMC, GLW, BRCD and NBR can be downloaded upon signing up at:

http://www.investor-edge.com/522-register

EMC Corp.'s stock ended the day at $27.33, down 3.02%, hitting a new 52-week high of $28.26 on Wednesday. The stock reported a trading volume of 32.55 million shares during the trading session, compared with the 3-month average volume of 23.27 million shares. EMC Corp.'s shares traded at a PE ratio of 19.72 and were up 8.67% on YTD basis. Shares of the company have advanced 3.72% in the last one month and 9.23% in the previous three months. The S&P 500 Information Technology Sector Index mapped a loss of 1.31% during the session, while the stock has gained 0.10% in the last one month. The stock is trading above its 50-day and 200-day moving averages of $25.99 and $25.28, respectively. Relative Strength Index (RSI) of the stock was 73.02 at the end of the session. Sign up today to read free research on EMC at:

http://www.investor-edge.com/522-EMC-27Mar2014.pdf

On Wednesday Corning Inc.'s stock advanced 1.84% to close the day at $20.43, hitting a new 52-week high of $20.69. The stock recorded a trading volume of 19.39 million shares, compared with the 3-month average volumes of 12.16 million shares. The company's shares traded at a PE ratio of 14.45 and were up 14.65% on YTD basis. Shares of Corning Inc. have surged 4.66% in the previous three trading sessions and 15.23% in the previous three months. The S&P 500 Information Technology sector Index mapped a loss of 1.31% during the session, while the same has charted up by 1.59% during the last three months. The stock is trading above its 50-day and 200-day moving averages. Corning Inc.'s 50-day moving average of $18.78 is above the 200-day moving average of $16.43. Additionally, the company's shares were trading at an RSI of 66.51. Sign up today to read free research on GLW at:

http://www.investor-edge.com/522-GLW-27Mar2014.pdf

Shares in Brocade Communications Systems Inc. declined 2.01% on Wednesday, finishing the day at $10.25 after hitting a new 52-week high of $10.59. The stock recorded a trading volume of 6.94 million shares, which is above the 3-month average volume of 5.47 million shares. Brocade Communications Systems Inc.'s shares were traded at a PE ratio of 14.22 and were up 15.62% on YTD basis. Shares of the company have advanced 6.77% in the last one month and 18.22% in the previous three months. The S&P 500 Information Technology sector Index posted gains of 0.10% in the last one month and 1.59% in the previous months. The stock is trading above its 50-day and 200-day moving averages. Brocade Communications Systems Inc.'s 50-day moving average of $9.68 is above the 200-day moving average of $8.12. Furthermore, shares of the company were trading at an RSI of 68.59. Sign up today to read free research on BRCD at:

http://www.investor-edge.com/522-BRCD-27Mar2014.pdf

On Wednesday, shares in Nabors Industries Ltd fluctuated in the range of $23.99 and $25.06, hitting a new 52-week high of $25.06. The company's stock ended the day at $24.03, down 3.34%. A total of 7.70 million shares were traded, which is above the three month average volume of 4.87 million. The company's shares have gained 7.66% in the last one month and 46.61% in the previous three months. The company stocks traded at a PE ratio of 22.85 and were up 41.44% on YTD basis. The S&P 500 Energy Sector Index mapped a loss of 0.32% during the session, while the same has gained 0.65% in the last one month.  The company's stock is trading above both its 50-day and 200-day moving averages. Nabors Industries Ltd's 50-day moving average of $20.05 is above the 200-day moving average of $17.25. Moreover, the company's shares were trading at an RSI of 79.17. Sign up today to read free research on NBR at:

http://www.investor-edge.com/522-NBR-27Mar2014.pdf

===============
EDITOR'S NOTES:
===============

1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.

2. Information in this release is fact checked and produced on a best efforts basis and reviewed by Nidhi Vatsal, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.

3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.

4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] http://www.investor-edge.com.

5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.investor-edge.com.

6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] http://www.investor-edge.com for consideration.

COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Investor-edge. An outsourced research services provider represented by Nidhi Vatsal, CFA, has only reviewed the information provided by Investor-edge in this article or report according to the Procedures outlined by Investor-edge. Investor-edge is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE
Investor-edge makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

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