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Monday, March 26, 2012

Consumer Staple Stocks Fall Drastically (CALM) (CCH) (BREW) (CEDC) (CCE)

Cal-Maine Foods Inc (NASDAQ: CALM): fell by 7.28% or $-3.0525/share to $38.90. In the past year, the shares have traded as low as $27.51 and as high as $42.38. On average, 107785 shares of CALM exchange hands on a given day and today's volume is recorded at 223682. The shares are currently trading below the 50-day moving average but above the 200-day moving average. The stock may be range bound between these two levels where the 50-day moving average of $39.86 represents resistance and the 200-day moving average of $35.42 would be an area of support.

Coca-Cola HBC S.A. (ADR) (NYSE: CCH): fell by 1.02% or $-0.2001/share to $19.49. In the past year, the shares have traded as low as $14.75 and as high as $28.75. On average, 18485 shares of CCH exchange hands on a given day and today's volume is recorded at 1862. The shares are currently trading above the 50-day moving average which indicates that the shares have been experiencing strong upward momentum as the 50 DMA is above the 200 DMA. The stock may come back down to test the 50-day moving average, so look for a move back to the $19.18 area where the stock will likely see buying pressure.

Craft Brew Alliance Inc (NASDAQ: BREW): traded higher by 2.57% or $0.17/share to $6.79. In the past year, the shares have traded as low as $5.08 and as high as $10.17. On average, 28931 shares of BREW exchange hands on a given day and today's volume is recorded at 23128. The shares are currently trading above the 50-day moving average which indicates that the shares have been experiencing strong upward momentum as the 50 DMA is above the 200 DMA. The stock may come back down to test the 50-day moving average, so look for a move back to the $6.34 area where the stock will likely see buying pressure.

Central European (NASDAQ: CEDC): fell by 0.56% or $-0.03/share to $5.36. In the past year, the shares have traded as low as $2.75 and as high as $13.13. On average, 1363030 shares of CEDC exchange hands on a given day and today's volume is recorded at 306684. The shares are currently trading above the 50-day moving average which indicates that the shares have been experiencing strong upward momentum as the 50 DMA is above the 200 DMA. The stock may come back down to test the 50-day moving average, so look for a move back to the $5.25 area where the stock will likely see buying pressure.

Coca-Cola Enterprises Inc (NYSE: CCE): fell by 0.21% or $-0.06/share to $28.24. In the past year, the shares have traded as low as $23.03 and as high as $29.99. On average, 2447730 shares of CCE exchange hands on a given day and today's volume is recorded at 1830632. The shares are currently trading above the 50-day moving average which indicates that the shares have been experiencing strong upward momentum as the 50 DMA is above the 200 DMA. The stock may come back down to test the 50-day moving average, so look for a move back to the $28.03 area where the stock will likely see buying pressure.