Technical Pulse on Textiles, Apparel and Luxury Goods Stocks -- Kate Spade, VF Corp., Fossil, Deckers Outdoor, and NIKE

Fri Aug 1, 2014 9:10am EDT

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Technical Pulse on Textiles, Apparel and Luxury Goods Stocks -- Kate Spade, VF Corp., Fossil, Deckers Outdoor, and NIKE

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PR Newswire

LONDON, August 1, 2014 /PRNewswire/ --


On Thursday, July 31, 2014, the NASDAQ Composite ended at 4,369.77, down 2.09%, the Dow Jones Industrial Average declined 1.88%, to finish the day at 16,563.30, and the S&P 500 closed at 1,930.67, down 2.00%. The losses were broad based as all the sectors ended the session in negative. The S&P 500 Consumer Discretionary Sector Index ended the day at 522.18, down 1.88%, while the index has advanced 3.18% in the previous three months. Investor-Edge has initiated coverage on the following equities: Kate Spade and Company (NYSE: KATE), VF Corporation (NYSE: VFC), Fossil Group Inc. (NASDAQ: FOSL), Deckers Outdoor Corporation (NYSE: DECK), and NIKE Inc. (NYSE: NKE). Free research on these five companies can be accessed at:  

http://investor-edge.com/register

On Thursday, shares in Kate Spade and Co. traded between $37.52 and $38.33 before ending the session 2.22% lower at $37.83. The stock reported a trading volume of 1.55 million shares, close to its three months average volume of 1.62 million shares. Shares of the company traded at a PE ratio of 1,804.78. Although, Kate Spade and Co.'s shares have declined 0.81% in the last one month, it has surged 8.80% in the past three months and 17.96% on YTD basis. The company's stock is trading above its 50-day and 200-day moving averages of $37.78 and $33.71, respectively. Moreover, shares of Kate Spade and Co. have a Relative Strength Index (RSI) of 51.28. Sign up and read the free notes on KATE at:

www.Investor-Edge.com/KATE-01Aug2014

VF Corp.'s stock declined 1.86%, to close the day at $61.27. The stock recorded a trading volume of 1.75 million shares, above its three months average volume of 1.47 million shares. The stock oscillated between $61.22 and $62.26 during the session. Over the last three trading sessions and since the beginning of this year, VF Corp.'s shares have lost 1.10% and 1.72%, respectively. However, the company's stock has advanced 0.29% in the last three months. The company's stock is trading above its 200-day moving average of $59.74, while the 200-day moving average is below VF Corp.'s 50-day moving average of $62.49. Additionally, the stock traded at a PE ratio of 21.59 and has an RSI of 52.54. The complimentary notes on VFC can be downloaded as in PDF format at:

www.Investor-Edge.com/VFC-01Aug2014

On Thursday, shares in Fossil Group Inc. recorded a trading volume of 0.66 million shares, which was at par with its three months average volume. The stock ended the day at $98.00, which was 1.77% below its previous day's closing of $99.77, and registered an intraday range of $97.92 and $100.44. Shares of the company traded at a PE ratio of 14.78. Fossil Group Inc.'s shares have lost 2.70% in the previous three trading sessions, 6.24% in the last one month and 18.29% on YTD basis. The company's stock is trading below its 50-day and 200-day moving averages of $103.71 and $114.10, respectively. Furthermore, shares of Fossil Group Inc. have an RSI of 38.85. Register for free on Investor-Edge and access the latest research on FOSL at:

www.Investor-Edge.com/FOSL-01Aug2014

Deckers Outdoor Corp.'s stock lost 1.55%, to close Thursday's session at $88.51, after oscillating between $88.29 and $90.41. The stock recorded a trading volume of 0.64 million shares, above its three months average volume of 0.56 million shares. Over the last one month and previous three months, Deckers Outdoor Corp.'s shares have advanced 2.53% and 12.11%, respectively. Also, from the beginning of 2014, the company's stock has gained 4.80%. The company's stock is trading above its 50-day and 200-day moving averages. The stock's 50-day moving average of $82.45 is above its 200-day moving average of $79.05. Further, Deckers Outdoor Corp.'s stock traded at a PE ratio of 21.68 and has an RSI of 67.91. The complete research on DECK is available for free at:

www.Investor-Edge.com/DECK-01Aug2014

NIKE Inc.'s stock finished Thursday's session 3.12% lower at $77.13. A total of 3.90 million shares were traded, which was above its three months average volume of 3.22 million shares. The stock moved between $76.98 and $79.02 during the session. Over the last one month and since the start of this year, NIKE Inc.'s shares have fallen by 0.54% and 1.92%, respectively. However, the company's stock has gained 5.73% in the last three months. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $76.65 is greater than its 200-day moving average of $75.92. NIKE Inc.'s stock traded at a PE ratio of 25.80 and has an RSI of 62.17. Free in depth research on NKE is available at:

www.Investor-Edge.com/NKE-01Aug2014

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