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Technical Commentary on Active Equities -- Research on Office Depot, Twitter, Staples, and Nokia

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LONDON, March 28, 2014 /PRNewswire/ --

The trading session on Thursday, March 27, 2014 ended on a lower note as the Dow Jones Industrial Average finished at 16,264.23, down 0.03% and the NASDAQ Composite closed at 4,151.23, down 0.54%. The S&P 500 finished the session 0.19% lower at 1,849.04. The losses were broad based as seven out of ten sectors ended the session in negative. During the session, Information Technology, Financials, and Consumer Discretionary sectors exerted a drag, while some positive momentum was observed in the Telecommunication Services, Energy, and Utilities sectors. Investor-Edge looks at some of the equities which attracted the most attention and traded the most shares during the session. These include Office Depot Inc. (NYSE: ODP), Twitter Inc. (NYSE: TWTR), Staples Inc. (NASDAQ: SPLS) and Nokia OYJ (NYSE: NOK). Free technical research on ODP, TWTR, SPLS and NOK can be downloaded upon signing up at:

http://www.investor-edge.com/554-register


Office Depot Inc.'s shares reported trading volume as a total of 7.35 million shares changed hands on Thursday, as compared with the three-month average volume of 11.21 million shares. The stock ended the day at $4.07, up 0.49% and at an intraday range of $4.02 and $4.14. Office Depot Inc.'s shares have declined 2.86% in the previous three trading sessions and 19.09% in the last one month, while the shares lost 23.06% on YTD basis. The S&P 500 Consumer Discretionary Sector Index have fallen by 3.98% in the last one month, while the S&P 500 has fallen by 0.28% during the same period. The stock is trading below its 50-day and 200-day moving averages of $4.84 and $4.77, respectively. The stock has a Relative Strength Index (RSI) of 25.20. Sign up today to read free research on ODP at:

http://www.investor-edge.com/554-ODP-28Mar2014.pdf


On Thursday, Twitter Inc.'s shares recorded heavy trading volume as a total of 15.45 million shares changed hands, as compared with the three-month average volume of 18.83 million shares. The stock traded at an intraday trading range of $43.31 and $46.40 before closing the day at $46.32, up 4.25%. Twitter Inc.'s shares have declined 5.02% in the previous three trading sessions, 16.94% in the last one month, and 27.23% on YTD basis. The S&P 500 Information Technology Sector Index mapped a loss of 1.21% in the previous three trading sessions, while the S&P 500 has fallen by 0.45% during the same period. The stock is trading below its 50-day moving average of $56.32. The stock is has an RSI of 24.72. Sign up today to read free research on TWTR at:

http://www.investor-edge.com/554-TWTR-28Mar2014.pdf


Shares in Staples Inc. recorded heavy trading volume as a total of 11.18 million shares changed hands, against a three-month average volume of 10.80 million shares. On Thursday, the stock finished the day at $11.05, down 1.43% and at an intraday range of $11.04 and $11.28. The stock traded at a PE ratio of 9.44. Staples Inc.'s shares have declined 5.07% in the previous three trading sessions, 17.78% in the last one month, and 30.46% on YTD basis. The S&P 500 Consumer Discretionary Sector Index declined 3.78% in the previous three months, while the S&P 500 advanced 0.41% during the same period. The stock is trading below its 50-day and 200-day moving averages of $12.81 and $14.93, respectively. The company's shares have an RSI of 32.61. Sign up today to read free research on SPLS at:

http://www.investor-edge.com/554-SPLS-28Mar2014.pdf


On Thursday, shares in Nokia OYJ saw heavy trading volume as a total of 15.47 million shares were exchanged, against a three-month average volume of 21.00 million shares. On Thursday, the stock closed the day at $7.27, down 0.55% and with an intraday fluctuation between $7.21 and $7.31. Nokia OYJ's shares have advanced 0.69% in the past three trading sessions, while the same have lost 5.46% in the last one month and 10.36% on YTD basis. The S&P 500 Information Technology Sector Index declined 1.19% in the last one month, while the S&P 500 has fallen by 0.28% during the same period. The stock is trading above its 200-day moving average of $6.36. The company's shares have an RSI of 42.65. Sign up today to read free research on NOK at:

http://www.investor-edge.com/554-NOK-28Mar2014.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.

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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.

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