Stocks Intraday Alert: Oclaro, Inc. (OCLR), SUPERVALU Inc. (SVU), Invesco Ltd. (IVZ)

Oclaro, Inc. (OCLR) continued its downward trend with the stock declining -0.61% or $-0.05 to close the day at $8.13 on lower than average trading volume of 3.53M shares, compared to its three month average trading volume of 5.36M. The San Jose California 95131 based company has been outperforming the semiconductor equipment & materials companies by 3.5793% for last three months and its recent gains have offset losses to -9.16% YTD, versus the semiconductor equipment & materials industry which is up 5.8% for the same period. The RSI of 38.68 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Oclaro, Inc. designs, manufactures, and markets lasers and optical components, modules, and subsystems for the optical communications, industrial, and consumer laser markets worldwide. The company’s products generate, detect, combine, and separate light signals in optical communications networks. It offers client side transceivers, including pluggable transceivers; line side transceivers; tunable laser transmitters, such as discrete lasers and co-packaged laser modulators; lithium niobate modulators to manipulate the phase or the amplitude of an optical signal; transponder modules for transmitter and receiver functions; and discrete lasers and receivers for metro and long-haul applications. The company markets its products through direct sales force, as well as through sales representatives and resellers. It serves network equipment manufacturers of telecommunications and datacom systems, and hyperscale data center operators. The company was formerly known as Bookham, Inc. and changed its name to Oclaro, Inc. in April 2009. Oclaro, Inc. was founded in 1988 and is headquartered in San Jose, California.

SUPERVALU Inc. (SVU) had a light trading with around 3.53M shares changing hands compared to its three month average trading volume of 3.84M. The stock traded between $4.22 and $4.38 before closing at the price of $4.38 with 0.92% change on the day. The Eden Prairie Minnesota 55344 based company is currently trading 11.17% above its 52 week low of $3.94 and -29.01% below its 52 week high of $6.17. Both the RSI indicator and target price of 38.51 and $5.69 respectively, lead us to believe that it should be put on hold over the coming weeks.

SUPERVALU INC., together with its subsidiaries, operates as a grocery wholesaler and retailer in the United States. The company operates through three segments: Wholesale, Save-A-Lot, and Retail. The Wholesale segment offers wholesale distribution of various food and non-food products to independent retail customers, such as single and multiple grocery store independent operators, regional chains, and the military. This segment operates approximately 1,796 stores with a network spanning 40 states. The Save-A-Lot segment owns, operates, and licenses 1,360 discount grocery stores under the Save-A-Lot banner, including 897 licensed Save-A-Lot stores and 463 company-operated stores. The Retail segment operates retail stores that provide groceries and various additional products, including general merchandise, home, health and beauty care, and pharmacy products. This segment operates 200 stores under the Cub Foods, Shoppers Food & Pharmacy, Shop ’n Save, Farm Fresh, and Hornbacher’s banners, as well as 2 Rainbow and 2 County Market stores. The company provides a range of brand name and private-label products comprising perishable and nonperishable grocery products. SUPERVALU INC. was founded in 1871 and is headquartered in Eden Prairie, Minnesota.

Invesco Ltd. (IVZ) traded within a range of $30.24 to $30.57 after opening the day at $30.43. The company has seen its stock increase in value by 0.69% so far this year. The stock was down close to 0% on active volume in last trading session and closed at $30.55 per share. After the recent fall, the stock is currently holding -8.37% below its 52 week high of $33.34 and 35.22% above its 12-month low of $23.02. The shares are up by over 4.28% in the last three months, and the RSI indicator value of 42.23 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Invesco Ltd. is a publicly owned investment manager. The firm provides its services to retail clients, institutional clients, high-net worth clients, public entities, corporations, unions, non-profit organizations, endowments, foundations, pension funds, financial institutions, and sovereign wealth funds. It manages separate client-focused equity and fixed income portfolios. The firm also launches equity, fixed income, commodity, multi-asset, and balanced mutual funds for its clients. It launches equity, fixed income, multi-asset, and balanced exchange-traded funds. The firm also launches and manages private funds. It invests in the public equity and fixed income markets across the globe. The firm also invests in alternative markets, such as commodities and currencies. For the equity portion of its portfolio, it invests in growth and value stocks of large-cap, mid-cap, and small-cap companies. For the fixed income portion of its portfolio, the firm invests in convertibles, government bonds, municipal bonds, treasury securities, and cash. It also invests in short term and intermediate term bonds, investment grade and high yield bonds, taxable and tax-free bonds, senior secured loans, and structured securities such as asset-backed securities, mortgage-backed securities, and commercial mortgage-backed securities. The firm employs absolute return, global macro, and long/short strategies. It employs quantitative analysis to make its investments. The firm was formerly known as Invesco Plc, AMVESCAP plc, Amvesco plc, Invesco PLC, Invesco MIM, and H. Lotery & Co. Ltd. Invesco Ltd. was founded in December 1935 and is based in Atlanta, Georgia with an additional office in Hamilton, Bermuda.

 

3 Stocks to Watch For: SUPERVALU Inc. (SVU), Marathon Oil Corporation (MRO), Twenty-First Century Fox, Inc. (FOXA)

SUPERVALU Inc. (SVU) saw its value increase by 0.24% as the stock gained $0.01 to finish the day at a closing price of $4.24. The stock was higher in trading and has fluctuated between $3.94-$6.17 per share for the past year. The shares, which traded within a range of $4.18 to $4.34 during the day, are down by -14.% in the past three months and down by -19.08% over the past six months. It is currently trading -11.68% below its 20 day moving average and -10.06% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $5.69 a share over the next twelve months. The current relative strength index (RSI) reading is 30.29.The technical indicator lead us to believe there will be no major movement any time soon, hold.

SUPERVALU INC., together with its subsidiaries, operates as a grocery wholesaler and retailer in the United States. The company operates through three segments: Wholesale, Save-A-Lot, and Retail. The Wholesale segment offers wholesale distribution of various food and non-food products to independent retail customers, such as single and multiple grocery store independent operators, regional chains, and the military. This segment operates approximately 1,796 stores with a network spanning 40 states. The Save-A-Lot segment owns, operates, and licenses 1,360 discount grocery stores under the Save-A-Lot banner, including 897 licensed Save-A-Lot stores and 463 company-operated stores. The Retail segment operates retail stores that provide groceries and various additional products, including general merchandise, home, health and beauty care, and pharmacy products. This segment operates 200 stores under the Cub Foods, Shoppers Food & Pharmacy, Shop ’n Save, Farm Fresh, and Hornbacher’s banners, as well as 2 Rainbow and 2 County Market stores. The company provides a range of brand name and private-label products comprising perishable and nonperishable grocery products. SUPERVALU INC. was founded in 1871 and is headquartered in Eden Prairie, Minnesota.

Marathon Oil Corporation (MRO) shares were up in last trading by 0.06% to $17.45. It experienced lighter than average volume on day. The stock decreased in value by almost -2.4% over the past week and fell -7.18% in the past month. It is currently trading 3.54% above its 50 day moving average and 18.42% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -9.49% decrease in value from its one year high of $19.28. The RSI indicator value of 49.4, lead us to believe that it is a hold for now.

Marathon Oil Corporation operates as an energy company. It operates through three segments: North America E&P, International E&P, and Oil Sands Mining. The North America E&P segment develops, explores for, produces, and markets crude oil and condensate, natural gas liquids, and natural gas in North America. The International Exploration and Production segment explores for, produces, and markets crude oil and condensate, natural gas liquids, and natural gas in Equatorial Guinea, Gabon, the Kurdistan Region of Iraq, Libya, and the United Kingdom; and produces and markets products manufactured from natural gas, such as liquefied natural gas and methanol in Equatorial Guinea. The Oil Sands Mining segment mines, extracts, and transports bitumen from oil sands deposits in Alberta and Canada; and upgrades the bitumen to produce and market synthetic crude oil and vacuum gas oil. As of December 31, 2015, it had rights to participate in developed and undeveloped leases totaling approximately 32,000 net acres. The company was formerly known as USX Corporation and changed its name to Marathon Oil Corporation in July 2001. Marathon Oil Corporation was founded in 1887 and is headquartered in Houston, Texas.

Twenty-First Century Fox, Inc. (FOXA) traded within a range of $29.62 to $30.09 after opening the day at $29.77. The company has seen its stock increase in value by 7.1% so far this year. The stock was up close to 0.74% on light volume in last trading session and closed at $30.03 per share. After the recent gain, the stock is currently holding -3.16% below its 52 week high of $31.25 and 34.27% above its 12-month low of $22.66. The shares are up by over 22.27% in the last three months, and the RSI indicator value of 68.05 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Twenty-First Century Fox, Inc., together with its subsidiaries, operates as a diversified media and entertainment company in the United States, the United Kingdom, Continental Europe, Asia, Latin America, and internationally. It operates through Cable Network Programming; Television; Filmed Entertainment; and Other, Corporate and Eliminations segments. The company produces and licenses news, sports, movie, and general and factual entertainment programming for distribution primarily through cable television systems, direct broadcast satellite operators, telecommunications companies, and online video distributors. It also broadcasts network programming; and operates 28 broadcast television stations, including 11 duopolies in the United States. In addition, the company produces and acquires live-action and animated motion pictures for distribution and licensing in various formats and entertainment media, as well as produces and licenses television programming worldwide. Further, it offers video advertising services, including consumer engagement and on-demand marketing campaigns; and operates two San Francisco-Bay area television stations. The company was formerly known as News Corporation. Twenty-First Century Fox, Inc. was founded in 1922 and is headquartered in New York, New York.

 

Stocks Roundup: KeyCorp (KEY), SUPERVALU Inc. (SVU), JetBlue Airways Corporation (JBLU)

KeyCorp (KEY) retreated with the stock falling -1.61% or $-0.3 to close at $18.29 on light trading volume of 11.32M compared its three months average trading volume of 15.78M. The Cleveland Ohio 44114 based company operating under the Regional – Midwest Banks industry has been trending up for the last 52 weeks, with the shares price now 60.69% up for the period and up by 0.11% so far this year. With price target of $18.88 and a 89.97% rebound from 52-week low, KeyCorp has plenty of upside potential, making it a hold with a view buy.

KeyCorp operates as the bank holding company for KeyBank National Association that provides various retail and commercial banking services to individual, corporate, and institutional clients in the United States. The company’s Key Community Bank segment offers deposit and investment products; personal finance services and loans, including residential mortgages, home equity, credit cards, and various installment loans for individuals; deposits, investment and credit products, and business advisory services to small businesses; and financial, estate and retirement planning, and asset management services to high-net-worth clients. This segment also provides commercial lending, cash management, equipment leasing, investment and employee benefit programs, succession planning, access to capital markets, derivatives, and foreign exchange services to mid-sized businesses. Its Key Corporate Bank segment offers a suite of banking and capital market products, such as syndicated finance, debt and equity capital market products, commercial payments, equipment finance, commercial mortgage banking, derivatives, foreign exchange, financial advisory, and public finance, as well as commercial mortgage loans for middle market clients comprising consumer, energy, healthcare, industrial, public, real estate, and technology sectors. In addition, KeyCorp provides personal, securities lending, and custody services; access to mutual funds; treasury, investment banking, international banking, and investment management services; public retirement plans, and foundations and endowments plans; and financial services consisting of community development financing, securities underwriting, and brokerage, as well as merchant services. As of December 31, 2015, the company operated 966 retail banking branches and 1,257 automated teller machines in 12 states, as well as a telephone banking call center. KeyCorp was founded in 1849 and is headquartered in Cleveland, Ohio.

SUPERVALU Inc. (SVU) had a light trading with around 11.26M shares changing hands compared to its three month average trading volume of 3.67M. The stock traded between $4.21 and $4.41 before closing at the price of $4.23 with -4.51% change on the day. The Eden Prairie Minnesota 55344 based company is currently trading 7.36% above its 52 week low of $3.94 and -31.44% below its 52 week high of $6.17. Both the RSI indicator and target price of  and $6 respectively, lead us to believe that it could rise over the coming weeks.

SUPERVALU INC., together with its subsidiaries, operates as a grocery wholesaler and retailer in the United States. The company operates through three segments: Wholesale, Save-A-Lot, and Retail. The Wholesale segment offers wholesale distribution of various food and non-food products to independent retail customers, such as single and multiple grocery store independent operators, regional chains, and the military. This segment operates approximately 1,796 stores with a network spanning 40 states. The Save-A-Lot segment owns, operates, and licenses 1,360 discount grocery stores under the Save-A-Lot banner, including 897 licensed Save-A-Lot stores and 463 company-operated stores. The Retail segment operates retail stores that provide groceries and various additional products, including general merchandise, home, health and beauty care, and pharmacy products. This segment operates 200 stores under the Cub Foods, Shoppers Food & Pharmacy, Shop ’n Save, Farm Fresh, and Hornbacher’s banners, as well as 2 Rainbow and 2 County Market stores. The company provides a range of brand name and private-label products comprising perishable and nonperishable grocery products. SUPERVALU INC. was founded in 1871 and is headquartered in Eden Prairie, Minnesota.

JetBlue Airways Corporation (JBLU) saw its value decrease by -4.21% as the stock dropped $-0.96 to finish the day at a closing price of $21.82. The stock was higher in trading and has fluctuated between $14.76-$23.67 per share for the past year. The shares, which traded within a range of $21.5 to $22.65 during the day, are up by 22.79% in the past three months and up by 17.5% over the past six months. It is currently trading -2.41% below its 20 day moving average and 4.58% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $25.67 a share over the next twelve months. The current relative strength index (RSI) reading is 49.61.The technical indicator lead us to believe there will be no major movement any time soon, hold.

JetBlue Airways Corporation, a passenger carrier company, provides air transportation services. As of December 31, 2014, the company operated a fleet of 25 Airbus A321 aircrafts, 130 Airbus A320 aircrafts, and 60 Embraer E190 aircrafts. It also served 93 destinations in 28 states in the United States, the District of Columbia, the Commonwealth of Puerto Rico, the U.S. Virgin Islands, and 19 countries in the Caribbean and Latin America. JetBlue Airways Corporation was founded in 1998 and is based in Long Island City, New York.

 

3 Stocks to Watch For: The Charles Schwab Corporation (SCHW), SUPERVALU Inc. (SVU), Marathon Petroleum Corporation (MPC)

The Charles Schwab Corporation (SCHW) saw its value increase by 0.17% as the stock gained $0.07 to finish the day at a closing price of $41.19. The stock was lighter in trading and has fluctuated between $21.51-$41.52 per share for the past year. The shares, which traded within a range of $40.99 to $41.49 during the day, are up by 27.21% in the past three months and up by 54.62% over the past six months. It is currently trading 3.27% above its 20 day moving average and 9.67% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $41.33 a share over the next twelve months. The current relative strength index (RSI) reading is 68.57.The technical indicator lead us to believe there will be no major movement any time soon, hold.

The Charles Schwab Corporation, through its subsidiaries, provides wealth management, securities brokerage, banking, money management, custody, and financial advisory services. The company operates through two segments, Investor Services and Advisor Services. The Investor Services segment provides retail brokerage and banking services, retirement plan services, and other corporate brokerage services; and stock plan services, compliance solutions, and mutual fund clearing services, as well as engages in the off-platform sales business. The Advisor Services segment provides custodial, trading, and support services; and retirement and corporate brokerage retirement services. The company provides brokerage accounts with cash management capabilities; third-party mutual funds through the Mutual Fund Marketplace, including no-transaction fee mutual funds through the Mutual Fund OneSource service, which includes proprietary mutual funds, plus mutual fund trading, and clearing services to broker-dealers; exchange-traded funds (ETFs), including proprietary and third-party ETFs; and advice solutions, such as managed portfolios of proprietary and third-party mutual funds and ETFs, separately managed accounts, customized personal advice for tailored portfolios, and specialized planning and portfolio management. It also offers banking products and services, including checking and savings accounts, certificates of deposit, first lien residential real estate mortgage loans, home equity loans and lines of credit, and Pledged Asset Lines; and trust services comprising trust custody services, personal trust reporting services, and administrative trustee services. The company serves individuals and institutional clients in the United States, the Commonwealth of Puerto Rico, London, and Hong Kong. The Charles Schwab Corporation was founded in 1971 and is headquartered in San Francisco, California.

SUPERVALU Inc. (SVU) shares were up in last trading by 2.35% to $4.79. It experienced higher than average volume on day. The stock increased in value by almost 3.01% over the past week and fell -3.23% in the past month. It is currently trading 1.8% above its 50 day moving average and -2.47% below its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -22.37% decrease in value from its one year high of $6.17. The RSI indicator value of 50.21, lead us to believe that it is a hold for now.

SUPERVALU INC., together with its subsidiaries, operates as a grocery wholesaler and retailer in the United States. The company operates through three segments: Wholesale, Save-A-Lot, and Retail. The Wholesale segment offers wholesale distribution of various food and non-food products to independent retail customers, such as single and multiple grocery store independent operators, regional chains, and the military. This segment operates approximately 1,796 stores with a network spanning 40 states. The Save-A-Lot segment owns, operates, and licenses 1,360 discount grocery stores under the Save-A-Lot banner, including 897 licensed Save-A-Lot stores and 463 company-operated stores. The Retail segment operates retail stores that provide groceries and various additional products, including general merchandise, home, health and beauty care, and pharmacy products. This segment operates 200 stores under the Cub Foods, Shoppers Food & Pharmacy, Shop ’n Save, Farm Fresh, and Hornbacher’s banners, as well as 2 Rainbow and 2 County Market stores. The company provides a range of brand name and private-label products comprising perishable and nonperishable grocery products. SUPERVALU INC. was founded in 1871 and is headquartered in Eden Prairie, Minnesota.

Marathon Petroleum Corporation (MPC) traded within a range of $48.97 to $49.96 after opening the day at $49.5. The company has seen its stock decrease in value by -2.74% so far this year. The stock was down close to -0.99% on light volume in last trading session and closed at $48.97 per share. After the recent fall, the stock is currently holding -10.29% below its 52 week high of $54.59 and 73.68% above its 12-month low of $29.24. The shares are up by over 16.26% in the last three months, and the RSI indicator value of 48.99 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Marathon Petroleum Corporation, together with its subsidiaries, engages in refining, marketing, retailing, and transporting petroleum products primarily in the United States. It operates through three segments: Refining & Marketing, Speedway, and Midstream. The company refines crude oil and other feed stocks at its seven refineries in the Gulf Coast and Midwest regions of the United States; and purchases ethanol and refined products for resale. Its refined products include gasoline, distillates, propane, feed stocks and special products, heavy fuel oil, and asphalt. The company also sells transportation fuels and convenience products in the retail market through Speedway convenience stores; and transports crude oil and other feed stocks to its refineries and other locations. Marathon Petroleum Corporation markets its refined products to resellers, consumers, independent retailers, wholesale customers, marathon-branded independent entrepreneurs, its Speedway convenience stores, airlines, transportation companies, and utility companies, as well as exports its refined products. As of December 31, 2015, it owned, leased, and had ownership interests in approximately 8,400 miles of crude oil and refined product pipelines, as well as owned and operated 2,766 gasoline and convenience stores in 22 states of the United States; and had 5,600 retail outlets operated by independent entrepreneurs in 19 states in the United States. The company was incorporated in 2009 and is headquartered in Findlay, Ohio.

 

Momentum Stocks: Schlumberger Limited (SLB), Sunoco Logistics Partners L.P. (SXL), SUPERVALU Inc. (SVU)

Schlumberger Limited (SLB) retreated with the stock falling -0.82% or $-0.71 to close at $85.77 on light trading volume of 4.34M compared its three months average trading volume of 5.38M. The Houston Texas 77056 based company operating under the Oil & Gas Equipment & Services industry has been trending up for the last 52 weeks, with the shares price now 35.26% up for the period and up by 2.17% so far this year. With price target of $94.94 and a 47.7% rebound from 52-week low, Schlumberger Limited has plenty of upside potential, making it a hold with a view buy.

Schlumberger Limited supplies technology, integrated project management, and information solutions to the oil and gas exploration and production industry worldwide. Its Reservoir Characterization Group segment provides reservoir imaging, monitoring, and development services; wireline technologies for open and cased-hole services; exploration and production pressure and flow-rate measurement services comprising surface and downhole services; software integrated solutions, such as software, consulting, information management, and IT infrastructure services; consulting services for reservoir characterization, field development planning, and production enhancement; and petrotechnical data services and training solutions, as well as integrated management services. Its Drilling Group segment designs, manufactures, and markets roller cone and fixed cutter drill bits; supplies drilling fluid systems; provides pressure drilling and underbalanced drilling solutions, and environmental services and products; mud logging services; land drilling rigs and related support services; and well planning and drilling, engineering, supervision, logistics, procurement, contracting, and drilling rig management services, as well as bottom-hole-assembly, borehole-enlargement technologies, impact tools, tubulars, and tubular services. Its Production Group segment provides well services comprising pressure pumping, well cementing, stimulation, and intervention services; well completion services and equipment that include packers, safety valves, and sand control technology, as well as completions technology and equipment; artificial lifts; coiled tubing equipment and services, and slickline services; development, management, and environmental protection services for water resources; and integrated production and production management services. The company was formerly known as Socie´te´ de Prospection E´lectrique. Schlumberger Limited was founded in 1926 and is based in Houston, Texas.

Sunoco Logistics Partners L.P. (SXL) had a active trading with around 4.33M shares changing hands compared to its three month average trading volume of 2.52M. The stock traded between $24.48 and $25.09 before closing at the price of $24.52 with -2.35% change on the day. The Newtown Square Pennsylvania 19073 based company is currently trading 71.58% above its 52 week low of $15.43 and -20.47% below its 52 week high of $31.49. Both the RSI indicator and target price of  and $0 respectively, lead us to believe that it could rise over the coming weeks.

Sunoco Logistics Partners L.P. transports, terminals, and stores crude oil, refined products, and natural gas liquids (NGLs). Its Crude Oil segment provides transportation, terminalling, and acquisition and marketing services to crude oil markets in the southwest, Midwest, and northeastern United States. It contains approximately 5,900 miles of crude oil trunk and gathering pipelines; and has interests in 3 crude oil pipelines. The segment also operates with an aggregate storage capacity of approximately 28 million barrels, including approximately 24 million barrels in Nederland, Texas; and approximately 3 million barrels in Pennsylvania. The Natural Gas Liquids segment offers transportation, storing, and acquisition and marketing activities that include pipelines, storage and blending facilities, and strategic off-take locations that provide access to multiple NGLs markets. It contains approximately 900 miles of NGLs pipelines located in the northeast and southwest United States. The segment operates with storage capacity of approximately 5 million barrels, including approximately 1 million barrels in Texas; and 3 million barrels in Pennsylvania. It also engages in blending activities. The Refined Products segment provides transportation and terminalling services in the northeast, Midwest, and southeast United States. It operates approximately 1,800 miles of refined products pipelines; 40 active refined products marketing terminals; and storage capacity of approximately 8 million barrels. Sunoco Partners LLC serves as the general partner of the company. The company was founded in 2001 and is based in Newtown Square, Pennsylvania.

SUPERVALU Inc. (SVU) saw its value decrease by -1.47% as the stock dropped $-0.07 to finish the day at a closing price of $4.68. The stock was higher in trading and has fluctuated between $3.94-$6.17 per share for the past year. The shares, which traded within a range of $4.55 to $4.78 during the day, are down by -6.21% in the past three months and down by -13.17% over the past six months. It is currently trading -3.8% below its 20 day moving average and -0.39% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $6 a share over the next twelve months. The current relative strength index (RSI) reading is 47.14.The technical indicator lead us to believe there will be no major movement any time soon, hold.

SUPERVALU INC., together with its subsidiaries, operates as a grocery wholesaler and retailer in the United States. The company operates through three segments: Wholesale, Save-A-Lot, and Retail. The Wholesale segment offers wholesale distribution of various food and non-food products to independent retail customers, such as single and multiple grocery store independent operators, regional chains, and the military. This segment operates approximately 1,796 stores with a network spanning 40 states. The Save-A-Lot segment owns, operates, and licenses 1,360 discount grocery stores under the Save-A-Lot banner, including 897 licensed Save-A-Lot stores and 463 company-operated stores. The Retail segment operates retail stores that provide groceries and various additional products, including general merchandise, home, health and beauty care, and pharmacy products. This segment operates 200 stores under the Cub Foods, Shoppers Food & Pharmacy, Shop ’n Save, Farm Fresh, and Hornbacher’s banners, as well as 2 Rainbow and 2 County Market stores. The company provides a range of brand name and private-label products comprising perishable and nonperishable grocery products. SUPERVALU INC. was founded in 1871 and is headquartered in Eden Prairie, Minnesota.

 

Stocks Trend Analysis: SUPERVALU Inc. (SVU), Edwards Lifesciences Corporation (EW), Aetna Inc. (AET)

SUPERVALU Inc. (SVU) continued its downward trend with the stock declining -1.04% or $-0.05 to close the day at $4.75 on light trading volume of 2.97M shares, compared to its three month average trading volume of 3.43M. The Eden Prairie Minnesota 55344 based company has been underperforming the grocery stores group over the past 52 weeks, with the stock losing -22.89%, compared to the industry which has dropped -9.2% over the same period. With RSI of 49.78, the stock should still continue to rise and get closer to its one year target estimate of $6, making it a hold for now.

SUPERVALU INC., together with its subsidiaries, operates as a grocery wholesaler and retailer in the United States. The company operates through three segments: Wholesale, Save-A-Lot, and Retail. The Wholesale segment offers wholesale distribution of various food and non-food products to independent retail customers, such as single and multiple grocery store independent operators, regional chains, and the military. This segment operates approximately 1,796 stores with a network spanning 40 states. The Save-A-Lot segment owns, operates, and licenses 1,360 discount grocery stores under the Save-A-Lot banner, including 897 licensed Save-A-Lot stores and 463 company-operated stores. The Retail segment operates retail stores that provide groceries and various additional products, including general merchandise, home, health and beauty care, and pharmacy products. This segment operates 200 stores under the Cub Foods, Shoppers Food & Pharmacy, Shop ’n Save, Farm Fresh, and Hornbacher’s banners, as well as 2 Rainbow and 2 County Market stores. The company provides a range of brand name and private-label products comprising perishable and nonperishable grocery products. SUPERVALU INC. was founded in 1871 and is headquartered in Eden Prairie, Minnesota.

Edwards Lifesciences Corporation (EW) retreated with the stock falling -0.12% or $-0.12 to close at $97.07 on active trading volume of 2.97M compared its three months average trading volume of 2.55M. The Irvine California 92614 based company operating under the Medical Appliances & Equipment industry has been trending up for the last 52 weeks, with the shares price now 25.15% up for the period and up by 3.6% so far this year. With price target of $115.83 and a 34.45% rebound from 52-week low, Edwards Lifesciences Corporation has plenty of upside potential, making it a hold with a view buy.

Edwards Lifesciences Corporation provides products and technologies to treat structural heart disease and critically ill patients worldwide. It offers transcatheter heart valve therapy products comprising transcatheter aortic heart valves and their delivery systems for the nonsurgical replacement of heart valves. The company also provides surgical heart valve therapy products, such as pericardial valves for aortic and mitral replacement, and minimally invasive aortic heart valve system; and tissue heart valves and repair products, which are used to replace or repair a patient’s diseased or defective heart valve. In addition, it produces pericardial valves from biologically inert animal tissue; and provides heart valve repair therapies, including annuloplasty rings and systems. Further, the company offers critical care products, such as hemodynamic monitoring systems to measure a patient’s heart function in surgical and intensive care settings; pulmonary artery catheters; and continuous venous oximetry catheter for measuring central venous oxygen saturation. Additionally, its critical care products include disposable pressure monitoring devices and closed blood sampling systems to protect patients and clinicians from infection; and peripheral vascular products used to treat endolumenal occlusive disease, such as embolectomy catheters for removing blood clots from peripheral blood vessels. The company distributes its products through direct sales force and independent distributors. Edwards Lifesciences Corporation was founded in 1999 and is headquartered in Irvine, California.

Aetna Inc. (AET) failed to extend gains with the stock declining -0.2% or $-0.25 to close the day at $124.26 on lower than average trading volume of 2.97M shares, compared to its three month average trading volume of 2.9M. The Hartford Connecticut 06156 based company has been outperforming the health care plans companies by 9.1535% for last three months and its recent gains have pushed the stock slightly up 0.2% YTD, versus the health care plans industry which is up 2.27% for the same period. The RSI of 52.07 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Aetna Inc. operates as a health care benefits company in the United States. It operates through three segments: Health Care, Group Insurance, and Large Case Pensions. The Health Care segment offers medical, pharmacy benefit management services, dental, behavioral health, and vision plans on an insured basis, as well as an employer-funded or administrative services contract basis. It also provides point-of-service, preferred provider organization, health maintenance organization, and indemnity benefit plans, as well as health savings accounts and consumer-directed health plans. In addition, this segment offers Medicare and Medicaid products and services, as well as other medical products, such as medical management and data analytics services, medical stop loss insurance, workers’ compensation administrative services, and products that provide access to its provider networks in select geographies. The Group Insurance segment offers life insurance products, including group term life insurance, voluntary spouse and dependent term life insurance, group universal life insurance, and accidental death and dismemberment insurance; disability insurance products; and long-term care insurance products, which provide the benefits to cover the cost of care in private home settings, adult day care, assisted living, or nursing facilities. The Large Case Pensions segment manages retirement products, including pension and annuity products primarily for tax-qualified pension plans. The company offers its products to employer groups, individuals, college students, part-time and hourly workers, health plans, health care providers, governmental units, government-sponsored plans, labor groups, and expatriates. Aetna Inc. has a collaboration agreement with Commonwealth Health to introduce a new health plan; and Regional Cancer Care Associates to create an oncology medical home. The company was founded in 1853 and is based in Hartford, Connecticut.

 

Stocks Trend Analysis: SUPERVALU Inc. (SVU), BB&T Corporation (BBT), QVC Group (QVCA)

SUPERVALU Inc. (SVU) failed to extend gains with the stock declining -2.24% or $-0.11 to close the day at $4.8 on active trading volume of 3.62M shares, compared to its three month average trading volume of 3.43M. The Eden Prairie Minnesota 55344 based company has been underperforming the grocery stores group over the past 52 weeks, with the stock losing -28.36%, compared to the industry which has dropped -11.22% over the same period. With RSI of 52.19, the stock should still continue to rise and get closer to its one year target estimate of $6, making it a hold for now.

SUPERVALU INC., together with its subsidiaries, operates as a grocery wholesaler and retailer in the United States. The company operates through three segments: Wholesale, Save-A-Lot, and Retail. The Wholesale segment offers wholesale distribution of various food and non-food products to independent retail customers, such as single and multiple grocery store independent operators, regional chains, and the military. This segment operates approximately 1,796 stores with a network spanning 40 states. The Save-A-Lot segment owns, operates, and licenses 1,360 discount grocery stores under the Save-A-Lot banner, including 897 licensed Save-A-Lot stores and 463 company-operated stores. The Retail segment operates retail stores that provide groceries and various additional products, including general merchandise, home, health and beauty care, and pharmacy products. This segment operates 200 stores under the Cub Foods, Shoppers Food & Pharmacy, Shop ’n Save, Farm Fresh, and Hornbacher’s banners, as well as 2 Rainbow and 2 County Market stores. The company provides a range of brand name and private-label products comprising perishable and nonperishable grocery products. SUPERVALU INC. was founded in 1871 and is headquartered in Eden Prairie, Minnesota.

BB&T Corporation (BBT) retreated with the stock falling -1.29% or $-0.61 to close at $46.73 on light trading volume of 3.62M compared its three months average trading volume of 5.44M. The Winston-Salem North Carolina 27101 based company operating under the Regional – Southeast Banks industry has been trending up for the last 52 weeks, with the shares price now 33.52% up for the period and down by -0.62% so far this year. With price target of $46.37 and a 59.78% rebound from 52-week low, BB&T Corporation has plenty of upside potential, making it a hold with a view buy.

BB&T Corporation operates as a financial holding company that provides various banking and trust services for retail and commercial clients. It operates in six segments: Community Banking, Residential Mortgage Banking, Dealer Financial Services, Specialized Lending, Insurance Services, and Financial Services. The company’s deposit products include noninterest-bearing checking, interest-bearing checking, savings, and money market deposit accounts, as well as certificates of deposit and individual retirement accounts. Its loan portfolio comprises commercial, financial and agricultural, real estate construction and land development, real estate mortgage, and consumer loans. The company also provides asset management, automobile lending, bankcard lending, consumer finance, home equity and mortgage lending, insurance, investment brokerage, mobile/online banking, payment, sales finance, small business lending, and wealth management/private banking services. In addition, it offers association, capital markets, institutional trust, insurance premium finance, international banking, leasing, merchant, mortgage warehouse lending, private equity investments, real estate lending, and supply chain management services. Further, the company provides retail brokerage, equity and debt underwriting, investment advice, corporate finance, and equity research services, as well as facilitates the origination, trading, and distribution of fixed-income securities and equity products. As of April 4, 2016, it operated approximately 2,265 financial centers in 15 states and Washington, D.C. The company was founded in 1872 and is headquartered in Winston-Salem, North Carolina.

QVC Group (QVCA) failed to extend gains with the stock declining -2.33% or $-0.47 to close the day at $19.73 on higher than average trading volume of 3.61M shares, compared to its three month average trading volume of 3.12M. The Englewood Colorado 80112 based company has been underperforming the catalog & mail order houses companies by -1.5225% for last three months and its recent losses have pulled the stock down -1.25% YTD, versus the catalog & mail order houses industry which is up 3.98% for the same period. The RSI of 46.43 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

QVC Group markets and sells a range of consumer products primarily through live merchandise-focused televised shopping programs, Internet, and mobile applications. The company’s Websites offers home, beauty, jewelry, accessories, and electronic products. It also operates as an online retailer of women’s, children’s, and men’s apparel, and children’s merchandise; and kitchen accessories and home décor products, as well as retails products through catalogs, and brick-and-mortar stores. In addition, the company distributes home and apparel lifestyle products under various brands, including Ballard Design, Frontgate, Garnet Hill, Grandin Road, Improvements, Chasing Fireflies, and Travelsmith. Its programming distributed products to approximately 317 million homes in the United States, Japan, Germany, Austria, the United Kingdom, Ireland, Italy, and China. The company was formerly known as Liberty Interactive Group. QVC Group is based in Englewood, Colorado. QVC Group is a subsidiary of Liberty Interactive Corporation.

 

Stocks Trending Alert: Occidental Petroleum Corporation (OXY), Walgreens Boots Alliance, Inc. (WBA), SUPERVALU Inc. (SVU)

Occidental Petroleum Corporation (OXY) saw its value decrease by -1.09% as the stock dropped $-0.79 to finish the day at a closing price of $71.48. The stock was lighter in trading and has fluctuated between $58.24-$78.48 per share for the past year. The shares, which traded within a range of $71.07 to $72.2 during the day, are down by -0.54% in the past three months and down by -3.29% over the past six months. It is currently trading 0.07% above its 20 day moving average and 2.28% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $77.04 a share over the next twelve months. The current relative strength index (RSI) reading is 53.55.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Occidental Petroleum Corporation engages in the acquisition, exploration, and development of oil and gas properties in the United States and internationally. The company operates in three segments: Oil and Gas, Chemical, and Midstream and Marketing. The Oil and Gas segment explores for, develops, and produces oil and condensate, natural gas liquids (NGLs), and natural gas. The Chemical segment manufactures and markets basic chemicals, including chlorine, caustic soda, chlorinated organics, potassium chemicals, ethylene dichloride, chlorinated isocyanurates, sodium silicates, and calcium chloride; vinyls comprising vinyl chloride monomer and polyvinyl chloride; and other chemicals, such as resorcinol. The Midstream and Marketing segment gathers, processes, transports, stores, purchases, and markets oil, condensate, NGLs, natural gas, carbon dioxide, and power. This segment also trades around its assets consisting of transportation and storage capacity, as well as oil, NGLs, gas, and other commodities. Occidental Petroleum Corporation was founded in 1920 and is headquartered in Houston, Texas.

Walgreens Boots Alliance, Inc. (WBA) shares were up in last trading by 0.02% to $82.98. It experienced lighter than average volume on day. The stock decreased in value by almost -1.79% over the past week and fell -2.5% in the past month. It is currently trading -0.7% below its 50 day moving average and 2.28% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -5.7% decrease in value from its one year high of $102.82. The RSI indicator value of 42.45, lead us to believe that it is a hold for now.

Walgreens Boots Alliance, Inc. operates as a pharmacy-led health and wellbeing company. It operates through three segments: Retail Pharmacy USA, Retail Pharmacy International, and Pharmaceutical Wholesale. The Retail Pharmacy USA segment sells prescription drugs and an assortment of general merchandise, including non-prescription drugs, beauty products, photo finishing, seasonal merchandise, greeting cards, and convenience foods through its retail drugstores and convenient care clinics. It also provides specialty pharmacy services; and manages in-store clinics. As of August 31, 2016, this segment operated 8,175 retail stores under the Walgreens and Duane Reade brands in the United States; and 7 specialty pharmacies, as well as approximately 400 in-store clinic locations. The Retail Pharmacy International segment sells prescription drugs; and health, beauty, toiletry, and other consumer products through its pharmacy-led health and beauty stores, as well as through boots.com. It is also involved in optical practice and related contract manufacturing operations. This segment operated 4,673 retail stores under the Boots, Benavides, and Ahumada in the United Kingdom, Thailand, Norway, the Republic of Ireland, the Netherlands, Mexico, and Chile; and 636 optical practices. The Pharmaceutical Wholesale segment engages in the wholesale and distribution of specialty and generic pharmaceuticals, health and beauty products, and home healthcare supplies and equipment, as well as provides related services to pharmacies and other healthcare providers. This segment operates in France, the United Kingdom, Germany, Turkey, Spain, the Netherlands, Egypt, Norway, Romania, the Czech Republic, and Lithuania. Walgreens Boots Alliance, Inc. was founded in 1901 and is based in Deerfield, Illinois.

SUPERVALU Inc. (SVU) traded within a range of $4.67 to $4.97 after opening the day at $4.67. The company has seen its stock increase in value by 5.14% so far this year. The stock was up close to 5.59% on active volume in last trading session and closed at $4.91 per share. After the recent gain, the stock is currently holding -28.43% below its 52 week high of $6.85 and 24.62% above its 12-month low of $3.94. The shares are down by over -0.41% in the last three months, and the RSI indicator value of 57.38 is neither bullish nor bearish, tempting investors to stay on the sidelines.

SUPERVALU INC., together with its subsidiaries, operates as a grocery wholesaler and retailer in the United States. The company operates through three segments: Wholesale, Save-A-Lot, and Retail. The Wholesale segment offers wholesale distribution of various food and non-food products to independent retail customers, such as single and multiple grocery store independent operators, regional chains, and the military. This segment operates approximately 1,796 stores with a network spanning 40 states. The Save-A-Lot segment owns, operates, and licenses 1,360 discount grocery stores under the Save-A-Lot banner, including 897 licensed Save-A-Lot stores and 463 company-operated stores. The Retail segment operates retail stores that provide groceries and various additional products, including general merchandise, home, health and beauty care, and pharmacy products. This segment operates 200 stores under the Cub Foods, Shoppers Food & Pharmacy, Shop ’n Save, Farm Fresh, and Hornbacher’s banners, as well as 2 Rainbow and 2 County Market stores. The company provides a range of brand name and private-label products comprising perishable and nonperishable grocery products. SUPERVALU INC. was founded in 1871 and is headquartered in Eden Prairie, Minnesota.

 

Momentum Stocks: MasTec, Inc. (MTZ), Public Service Enterprise Group Incorporated (PEG), SUPERVALU Inc. (SVU)

MasTec, Inc. (MTZ) retreated with the stock falling -5.1% or $-1.95 to close at $36.3 on light trading volume of 2.98M compared its three months average trading volume of 704.73K. The Coral Gables Florida 33134 based company operating under the Heavy Construction industry has been trending up for the last 52 weeks, with the shares price now 106.6% up for the period and down by -5.1% so far this year. With price target of $37.23 and a 191.8% rebound from 52-week low, MasTec, Inc. has plenty of upside potential, making it a hold with a view buy.

MasTec, Inc., an infrastructure construction company, provides engineering, building, installation, maintenance, and upgrade services for communications, energy, and utility infrastructure in the United States and internationally. It operates through five segments: Communications, Oil and Gas, Electrical Transmission, Power Generation and Industrial, and Other. The company builds underground and overhead distribution systems, including trenches, conduits, cable, and power lines, which provide wireless and wireline/fiber communications; natural gas, crude oil, and refined product transport pipelines; electrical power generation, transmission, and distribution systems; power generation infrastructure, such as renewable energy; heavy industrial plants; and compressor and pump stations, and treatment plants. It also installs electrical and other energy distribution and transmission systems, power generation facilities, buried and aerial fiber optic cables, coaxial cables, copper lines, satellite dishes, home security, and home automation in various environments. In addition, the company offers maintenance and upgrade support services comprising maintenance of customers’ distribution facilities, networks, and infrastructure, including natural gas and petroleum pipeline, communications, electrical distribution and transmission, and power generation infrastructure; emergency services for accidents or storm damage; and routine replacements and upgrades to overhauls. Its customers include public and private energy providers, pipeline operators, wireless service providers, satellite and broadband operators, local and long distance carriers, and government entities. The company was founded in 1929 and is headquartered in Coral Gables, Florida.

Public Service Enterprise Group Incorporated (PEG) had a active trading with around 2.98M shares changing hands compared to its three month average trading volume of 2.81M. The stock traded between $43.16 and $44.01 before closing at the price of $43.39 with -1.12% change on the day. The Newark New Jersey 07102 based company is currently trading 19.06% above its 52 week low of $38.02 and -5.82% below its 52 week high of $47.41. Both the RSI indicator and target price of  and $45.03 respectively, lead us to believe that it could rise over the coming weeks.

Public Service Enterprise Group Incorporated, through its subsidiaries, operates as an energy company primarily in the Northeastern and Mid- Atlantic United States. The company operates nuclear, coal, gas, oil-fired, and renewable generation facilities with a generation capacity of approximately 11,678 megawatts. It sells electricity, natural gas, emissions credits, and a series of energy-related products. The company also transmits electricity; and distributes electricity and gas to residential, commercial, and industrial customers, as well as invests in solar generation projects, and implements energy efficiency and demand response programs. In addition, it offers appliance services and repairs to customers. As of December 31, 2015, the company’s electric transmission and distribution system included 24,022 circuit miles, of which 8,226 circuit miles were underground; and 848,496 poles, of which 549,636 poles were jointly-owned, as well as 4 electric distribution headquarters and 5 sub-headquarters. It also owned and operated 18,112 miles of gas mains; owned 12 gas distribution headquarters and 2 sub-headquarters; owned 1 meter shop; operated 60 natural gas metering and regulating stations; and owned 43 switching stations with an aggregate installed capacity of 29,090 megavolt-amperes (MVA) and 246 substations with an aggregate installed capacity of 8,179 MVA. Public Service Enterprise Group Incorporated was founded in 1985 and is headquartered in Newark, New Jersey.

SUPERVALU Inc. (SVU) saw its value decrease by -0.43% as the stock dropped $-0.02 to finish the day at a closing price of $4.65. The stock was lighter in trading and has fluctuated between $3.94-$6.85 per share for the past year. The shares, which traded within a range of $4.57 to $4.77 during the day, are down by -7.55% in the past three months and up by 1.09% over the past six months. It is currently trading -4.5% below its 20 day moving average and -0.52% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $6 a share over the next twelve months. The current relative strength index (RSI) reading is 45.28.The technical indicator lead us to believe there will be no major movement any time soon, hold.

SUPERVALU INC., together with its subsidiaries, operates as a grocery wholesaler and retailer in the United States. The company operates through three segments: Wholesale, Save-A-Lot, and Retail. The Wholesale segment offers wholesale distribution of various food and non-food products to independent retail customers, such as single and multiple grocery store independent operators, regional chains, and the military. This segment operates approximately 1,796 stores with a network spanning 40 states. The Save-A-Lot segment owns, operates, and licenses 1,360 discount grocery stores under the Save-A-Lot banner, including 897 licensed Save-A-Lot stores and 463 company-operated stores. The Retail segment operates retail stores that provide groceries and various additional products, including general merchandise, home, health and beauty care, and pharmacy products. This segment operates 200 stores under the Cub Foods, Shoppers Food & Pharmacy, Shop ’n Save, Farm Fresh, and Hornbacher’s banners, as well as 2 Rainbow and 2 County Market stores. The company provides a range of brand name and private-label products comprising perishable and nonperishable grocery products. SUPERVALU INC. was founded in 1871 and is headquartered in Eden Prairie, Minnesota.

 

Stocks Roundup: Provectus Biopharmaceuticals, Inc. (PVCT), SUPERVALU Inc. (SVU), Amgen Inc. (AMGN)

Provectus Biopharmaceuticals, Inc. (PVCT) grew with the stock adding 17.37% or $0 to close at $0.02 on light trading volume of 3.2M compared its three months average trading volume of 4.23M. The Knoxville Tennessee 37931 based company operating under the Drug Manufacturers – Major industry has been trending down for the last 52 weeks, with the shares price now -94.97% down for the period and down by -94.97% so far this year. With price target of $3.5 and a 78.18% rebound from 52-week low, Provectus Biopharmaceuticals, Inc. has plenty of upside potential, making it a hold with a view buy.

Provectus Biopharmaceuticals, Inc., a biopharmaceutical company, engages in developing ethical pharmaceuticals for oncology and dermatology indications. Its prescription drug candidates includes PV-10, which is in Phase III study for cutaneous melanoma; completed Phase II study for metastatic melanoma; completed Phase I study for liver and breast cancers; and phase 1b/2 study for pembrolizumab. The company is also developing PH-10 that has completed Phase II randomized study for the treatment of psoriasis and atopic dermatitis. In addition, it develops PH-10 for the treatment of actinic keratosis and severe acne vulgaris. Further, the company is developing over-the-counter pharmaceuticals, including GloveAid, a hand cream with antiperspirant and antibacterial properties; Pure-ific line of products to prevent the spread of germs on skin; and Pure-Stick and Pure N Clear acne products. Additionally, it develops medical device technologies for markets comprising cosmetic treatments, such as reduction of wrinkles and elimination of spider veins, and other cosmetic blemishes; and therapeutic uses, including photoactivation of PH-10, other prescription drugs, and non-surgical destruction of various skin cancers. The company was formerly known as Provectus Pharmaceuticals, Inc. and changed its name to Provectus Biopharmaceuticals, Inc. in December 2013. Provectus Biopharmaceuticals, Inc. was founded in 2002 and is based in Knoxville, Tennessee.

SUPERVALU Inc. (SVU) had a light trading with around 3.19M shares changing hands compared to its three month average trading volume of 3.41M. The stock traded between $4.61 and $4.74 before closing at the price of $4.67 with -0.64% change on the day. The Eden Prairie Minnesota 55344 based company is currently trading 18.53% above its 52 week low of $3.94 and -32.42% below its 52 week high of $6.86. Both the RSI indicator and target price of  and $6 respectively, lead us to believe that it could rise over the coming weeks.

SUPERVALU INC., together with its subsidiaries, operates as a grocery wholesaler and retailer in the United States. The company operates through three segments: Wholesale, Save-A-Lot, and Retail. The Wholesale segment offers wholesale distribution of various food and non-food products to independent retail customers, such as single and multiple grocery store independent operators, regional chains, and the military. This segment operates approximately 1,796 stores with a network spanning 40 states. The Save-A-Lot segment owns, operates, and licenses 1,360 discount grocery stores under the Save-A-Lot banner, including 897 licensed Save-A-Lot stores and 463 company-operated stores. The Retail segment operates retail stores that provide groceries and various additional products, including general merchandise, home, health and beauty care, and pharmacy products. This segment operates 200 stores under the Cub Foods, Shoppers Food & Pharmacy, Shop ’n Save, Farm Fresh, and Hornbacher’s banners, as well as 2 Rainbow and 2 County Market stores. The company provides a range of brand name and private-label products comprising perishable and nonperishable grocery products. SUPERVALU INC. was founded in 1871 and is headquartered in Eden Prairie, Minnesota.

Amgen Inc. (AMGN) saw its value decrease by -1.06% as the stock dropped $-1.57 to finish the day at a closing price of $146.21. The stock was lighter in trading and has fluctuated between $133.64-$176.85 per share for the past year. The shares, which traded within a range of $145.62 to $148.75 during the day, are down by -11.76% in the past three months and down by -4.04% over the past six months. It is currently trading 0.03% above its 20 day moving average and -0.3% below its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $180 a share over the next twelve months. The current relative strength index (RSI) reading is 51.4.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Amgen Inc. discovers, develops, manufactures, and delivers human therapeutics worldwide. It offers products for the treatment of illness in the areas of oncology/hematology, cardiovascular, inflammation, bone health, nephrology, and neuroscience. The company’s products include Neulasta, a pegylated protein to decrease the incidence of infection associated with chemotherapy-induced febrile neutropenia in cancer patients; NEUPOGEN, a recombinant-methionyl human granulocyte colony-stimulating factor for reducing the incidence of infection for patients with non-myeloid malignancies; and Enbrel to treat rheumatoid arthritis, plaque psoriasis, and psoriatic arthritis. Its products also comprise EPOGEN to treat a lower-than-normal number of red blood cells caused by chronic kidney disease (CKD) in patients on dialysis; Aranesp for treating anemia; XGEVA for the prevention of skeletal-related events; Prolia to treat postmenopausal women with osteoporosis; Repatha for the treatment of high cholesterol; and Sensipar/Mimpara products for use in the treatment of secondary hyperparathyroidism in CKD patients on dialysis. The company’s other marketed products include Kyprolis, a proteasome inhibitor to treat patients with multiple myeloma and small-cell lung cancer; Nplate, a thrombopoietic compound; Vectibix, a human monoclonal antibody; and BLINCYTO for the treatment of patients with Philadelphia chromosome-negative relapsed or refractory B-cell precursor acute lymphoblastic leukemia. It also develops various products that are in various clinical trials. The company serves pharmaceutical wholesale distributors; and physicians or their clinics, dialysis centers, hospitals, and pharmacies, as well as consumers. It has collaborative agreements with Xencor, Inc; UCB; Novartis AG; Bayer HealthCare Pharmaceuticals Inc; Advaxis, Inc.; Dr. Reddy’s Laboratories Ltd.; Biocartis Group NV; and Nuevolution AB. Amgen Inc. was founded in 1980 and is headquartered in Thousand Oaks, California.