Market Technical Roundup:3D Systems,Microchip Technology,Riverbed Technology, and Infosys

Tue Dec 31, 2013 8:01am EST

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Market Technical Roundup:3D Systems,Microchip Technology,Riverbed Technology, and Infosys

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PR Newswire

LONDON, December 31, 2013 /PRNewswire/ --


On Monday, December 30, 2013, the US equity market finished the day on a mixed note. The S&P 500 closed the day 0.02% lower at 1,841.07; the Dow Jones Industrial Average finished 0.16% higher at 16,504.29; and the NASDAQ Composite ended 0.06% lower at 4,154.20. The S&P 500 Information Technology Sector Index ended the day at 581.26, down 0.12%; while the same has gained 3.36% in the last one month and 11.94% in the previous three months, outperforming the S&P 500, which has advanced 1.95% and 9.49%, during the respective periods. The major movers in the industry included 3D Systems Corporation (NYSE: DDD), Microchip Technology Inc. (NASDAQ: MCHP), Riverbed Technology Inc. (NASDAQ: RVBD), Infosys Ltd (NYSE: INFY). AAAResearchReports.com has released full comprehensive research on DDD, MCHP, RVBD, and INFY. These free technical analyses can be downloaded by signing up at:

http://www.aaaresearchreports.com/register/  

On Monday, 3D Systems Corp.'s stock edged higher to end the day at $91.95, up 1.28% from the previous day's closing price of $90.79. The company's shares oscillated between $90.31 and $93.34 during the trading session. A total of 3.09 million shares were traded, which is below the daily average volume of 4.81 million. The company's shares have surged 22.34% in the last one month and 70.31% in the previous three months, outperforming the S&P 500, which has advanced 1.95% and 9.49%, during the respective periods. Furthermore, 3D Systems Corp.'s stock is trading above its above its 50-day and 200-day moving averages of $73.17 and $52.09, respectively. A free technical analysis on DDD available by signing up at:

www.AAAResearchReports.com/DDD123113.pdf

Shares in Microchip Technology Inc. edged 0.41% higher on Monday, closing the day at $44.46. The company's shares fluctuated between $44.14 and $44.71 during the trading session. A total of 0.70 million shares were traded, which is below the daily average volume of 2.06 million. The company's shares have gained 2.70% in the last one month and 10.35% in the previous three months, outperforming the S&P 500, which has advanced 1.95% and 9.49%, during the respective periods. Additionally, Microchip Technology Inc.'s stock is trading near its 52-week high of $44.73, and above its 50-day and 200-day moving averages of $42.38 and $39.15, respectively. Register today and access free research on MCHP at:

www.AAAResearchReports.com/MCHP123113.pdf

On Monday's, shares in Riverbed Technology Inc. ended the day at $18.04, which is 2.62% higher than the previous day's closing price of $17.58. The company's shares vacillated between $17.47 and $18.15 during the trading session. A total of 1.85 million shares were traded, which is below the daily average volume of 3.69 million. The company's shares have gained 4.28% in the last one month and 23.65% in the previous three months, outperforming the S&P 500, which has advanced 1.95% and 9.49%, during the respective periods. Moreover, Riverbed Technology Inc.'s stock is trading above its 50-day and 200-day moving averages of $16.51 and $15.77, respectively. The free report on RVBD can be downloaded by signing up now at:

www.AAAResearchReports.com/RVBD123113.pdf

Infosys Ltd.'s stock traded between $56.42 and $56.89 before closing Monday's session 2.94% lower at $56.54. A total of 0.92 million shares were traded, which is below the daily average volume of 1.16 million. Despite Monday's pullback, the company's shares have gained 4.66% in the last one month and 17.52% in the previous three months, outperforming the S&P 500, which has advanced 1.95% and 9.49%, during the respective periods. Further, Infosys Ltd.'s stock is trading above its 50-day and 200-day moving averages of $54.45 and $48.43, respectively. A free report on INFY can be accessed by registering at:

www.AAAResearchReports.com/INFY123113.pdf

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SOURCE AAA Research Reports

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