03.10.2013 15:54:00
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Today's Technical View: Kellogg Co., Hillshire Brands Co., McCormick & Co. Inc., and Diamond Foods Inc.
LONDON, October 3, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
The U.S. equity market posted losses on Wednesday, October 02, 2013. The S&P 500 ended the day at 1,693.87, down 0.07%; the Dow Jones Industrial Average closed at 15,133.14, down 0.39%; and the NASDAQ Composite finished at 3,815.02, down 0.08%. Shares in the processed and packaged goods industry mostly edged lower, tracking losses in the broader market. The major movers in the sector included Kellogg Company (NYSE: K), Hillshire Brands Company (NYSE: HSH), McCormick & Company Inc. (NYSE: MKC), and Diamond Foods Inc. (NASDAQ: DMND). All these companies are tracked by AAAResearchReports.com. Free in-depth technical analysis on K, HSH, MKC, and DMND are currently available upon signing up at:
http://www.aaaresearchreports.com/register/
Kellogg Co.' stock edged higher on Wednesday, even as the broader market posted losses. The company's shares ended the day 0.24% higher at $58.89 after fluctuating between $58.01 and $58.91. A total of 1.72 million shares were traded, which is above the daily average volume of 1.67 million. Despite Wednesday's gains, the company's shares have fallen by 0.22% in the previous three trading sessions, compared to a gain of 0.13% in the S&P 500 during the same period. Moreover, Kellogg Co.'s stock is trading below its 50-day and 200-day moving averages of $62.23 and $61.43, respectively. Sign up for free technical analysis on K at:
http://www.AAAResearchReports.com/K100313.pdf
On Wednesday, Shares in Hillshire Brands Co. fell by 0.36%, reversing some of the gains from the previous trading session. The company's shares traded between $30.54 and $30.87 before finishing the day at $30.83. A total of 0.74 million shares were traded, which is less than the daily average volume of 1.06 million. Hillshire Brands Co.'s shares have fallen by 0.10% in the previous three trading sessions, underperforming the S&P 500 which has advanced 0.13% during the same period. Furthermore, the company's stock is trading below its 50-day and 200-day moving averages of $32.57 and $32.69, respectively. Download free report on HSH by registering at:
http://www.AAAResearchReports.com/HSH100313.pdf
Shares in McCormick & Co. Inc. edged lower on Wednesday, tracking losses in the broader market. The company's shares traded between $63.55 and $64.82 before finishing the day 0.14% lower at $64.79. A total of 1.41 million shares were traded, which is significantly above the daily average volume of 0.48 million. The company's shares have fallen by 0.93% in the previous three trading sessions, underperforming the S&P 500 which has advanced 0.13% during the same period. Further, McCormick & Co. Inc.'s stock is trading below its 50-day and 200-day moving averages of $69.16 and $68.61, respectively. The free report on MKC can be downloaded by signing up now at:
http://www.AAAResearchReports.com/MKC100313.pdf
Diamond Foods Inc.'s stock fell sharply on Wednesday, extending the losses from the previous trading session. The company's shares ended the day 1.74% lower at $20.89 after fluctuating between $20.83 and $21.47. A total of 0.55 million shares were traded, which is above the daily average volume of 0.37 million. Despite Wednesday's sharp losses, Diamond Foods Inc.'s stock is up 0.72% in the previous three months, compared to a gain of 4.86% in the S&P 500 during the same period. Further, the company's shares are trading above their 200-day moving average of $17.66. A free report on DMND can be accessed by registering at:
http://www.AAAResearchReports.com/DMND100313.pdf
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SOURCE AAA Research Reports
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Kellanova (ex Kellogg's) | 76,14 | -0,21% | |
McCormick & Co. Inc. | 74,26 | 0,98% |