Subscribe for free stock alerts!

Monday, July 22, 2013

Services Stocks Fall Drastically (CETV) (NTL) (APSA) (CPRT) (NAFC)

Central European Media (NASDAQ: CETV): traded higher by 1.66% or $0.06/share to $3.67. In the past year, the shares have traded as low as $2.60 and as high as $7.92. On average, 995594 shares of CETV exchange hands on a given day and today's volume is recorded at 185445. The shares are currently trading below the 200-day moving average but above the 50-day moving average. The stock may be range bound between these two levels where the 200-day moving average of $4.35 represents resistance and the 50-day moving average of $3.37 would be an area of support.

Nortel Inversora S.A (NYSE: NTL): fell by 0.26% or $-0.04/share to $15.10. In the past year, the shares have traded as low as $9.03 and as high as $18.94. On average, 2940 shares of NTL exchange hands on a given day and today's volume is recorded at 2782. The shares are currently trading below the 50-day and 200-day moving averages which indicates that the shares have been experiencing downward momentum. The stock may bounce back to test the 200-day moving average. Thus, you may want to pay close attention for a move up to the $15.49 area but be careful because the stock may face selling pressure at this level.

Alto Palermo S.A. (ADR) (NASDAQ: APSA): traded higher by 3.63% or $0.63/share to $17.98. In the past year, the shares have traded as low as $12.15 and as high as $18.25. On average, 2275 shares of APSA exchange hands on a given day and today's volume is recorded at 3512. 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 $16.48 area where the stock will likely see buying pressure.

Copart, Inc. (NASDAQ: CPRT): traded higher by 0.09% or $0.03/share to $32.50. In the past year, the shares have traded as low as $23.28 and as high as $38.26. On average, 940965 shares of CPRT exchange hands on a given day and today's volume is recorded at 212681. The shares are currently trading below the 200-day moving average but above the 50-day moving average. The stock may be range bound between these two levels where the 200-day moving average of $33.66 represents resistance and the 50-day moving average of $32.06 would be an area of support.

Nash-Finch Company (NASDAQ: NAFC): traded higher by 7.08% or $1.8/share to $27.23. In the past year, the shares have traded as low as $18.64 and as high as $25.60. On average, 36248 shares of NAFC exchange hands on a given day and today's volume is recorded at 339418. 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 $23.59 area where the stock will likely see buying pressure.