StockCall Scrutinizes Nuance Comm., Adobe Systems, BMC Software, and Catamaran Corp.

Tue Mar 19, 2013 8:01am EDT

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LONDON,  March 19, 2013  /PRNewswire/ --

Stock Markets continued their pullback from the last week. The first session of
this new week was marred by news of  Cyprus  fiscal crisis, exerting pressure on
major indices. The Dow Jones ended Monday's session at 14,452.06, down 0.43
percent while NASDAQ dipped 0.35 percent to close at 3,237.59. Similarly, S&P
closed in the red zone at 1,552.10, down 0.55 percent. While all the sectors
were affected by the generally negative outlook in the market, our research team
took a look at the technology sector, more precisely the Application Software
industry which includes major companies like Nuance Communications Inc. (NASDAQ:
NUAN), Adobe Systems Inc. (NASDAQ: ADBE), BMC Software Inc. (NASDAQ: BMC) and
Catamaran Corp. (NASDAQ: CTRX). StockCall reviewed the Application Software
industry and chose NUAN, ADBE, BMC, and CTRX for its technical coverage. These
free reports can be seen for free at

Nuance Communications Inc. is currently trading in overbought territory with its
Relative Strength Index above 80. Consequently, the stock may see some pullback
in the coming sessions. It closed its Monday's session at  $18.61, up 0.22
percent. The stock is currently in a bullish mode and may touch  $18.93  level
in the coming days. Upon breaching this level, the stock's next resistance level
is at  $19.26. Nuance's stock is highly volatile with its beta at 1.50. In 2013,
the stock declined 14.91 percent. Its 52 weeks loss stands at 28.83 percent. The
stock has traded in the range of  $18.00  and  $26.85  during the said time
period. Download the free research on NUAN by signing up now at   

Adobe Systems Inc. is trading below its long-term moving average price,
indicating a bearish trend. It also closed its latest trading session at 
$41.06, down 0.77 percent. The stock made a downward movement with above average
volume of 3.30 million shares. Adobe trades at Price/Earnings ratio of 24.73,
higher than industry average, making the stock an expensive proposition.
However, the stock provided good return to its holders as it appreciated 11.27
percent this year. The application software stock also gained 21.41 percent in
the past 52 weeks. Register for today's free analysis on ADBE at   

BMC Software Inc. closed yesterday' trading session with a mild downward
movement, accompanied with below average volume. The stock ended at  $43.98,
down 0.32 percent from its previous close. It traded in the range of  $43.56 
and  $44.40  during Monday's session. The company has a low volatility as it
commands beta of 0.54. The company's current market capitalization stands at 
$6.28 billion. The stock has gained 11.17 percent on a YTD basis while its 52
weeks gain stands at 13.94 percent. Free report on BMC can be accessed by
registering at   

Catamaran Corp. is currently trading above its 20-day average price but below
its 50-day moving average price and is in a neutral mode. It also ended its
latest trading session 0.48 percent lower at  $51.69, further confirming the
trend. Catamaran exchanged 2.10 million shares during Monday's session. The
stock has underperformed the broader markets and has gained only 10 percent so
far this year. However, it is likely to go up to  $52.79  in the coming
sessions. Its second resistance level is at  $53.62. The company commands market
capitalization of  $10.62 billion. Register with StockCall and download the
research on CTRX for free at   

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Contact Person: William T. Knight, Email:, Contact Number:
+1(646)396-9857 (9:00 am EST - 01:30 pm EST)

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