Yahoo Finance Today’s Research on BBRY, EMC, HIMX, ROVI, and MENT
StockCall.com Provides Stock Research on Research In Motion Ltd, EMC Corp., Himax Technologies Inc., Rovi Corp., and Mentor Graphics Corp.
New York City, New York -- (May 20, 2013)
Equity markets rallied on Friday as some upbeat economic data lifted market sentiment. All three benchmark indexes also posted weekly gains as equity markets continued their Bull Run. The S&P 500 closed more than 1% higher on Friday. Technology sector was among the big gainers in the S&P 500, gaining 1.05%. Among the major movers in the tech sector on Friday were Research In Motion Ltd. (NASDAQ:BBRY - News), EMC Corporation (NYSE:EMC - News), Himax Technologies Inc. (NASDAQ:HIMX - News), Rovi Corporation (NASDAQ:ROVI - News), and Mentor Graphics Corp. (NASDAQ:MENT - News). StockCall professionals have completed their technical analysis on BBRY, EMC, HIMX, ROVI, and MENT and these free reports are accessible by registering at
Shares of Research In Motion Ltd. struggled in Friday’s trading session even as the broad market rallied. The stock traded between $14.52 and $14.86 before finishing the day 0.48% lower at $14.62 on volume of 15.56 million. The company’s shares fell more than 4.10% in the last three sessions. Despite the recent losses, the stock is still up more than 23.10% for the year as compared to a gain of over 16.90% for the S&P 500. Sign up for the free technical research on BBRY at
www.StockCall.com/BBRY052013.pdf
Shares of EMC Corporation edged higher on Friday, extending their gains from previous trading sessions. The stock closed 0.75% higher at $24.24 on volume of 24.92 million, taking its gains in the last three sessions to nearly 5.40%. EMC’s shares crossed above their 50-day moving average last week which is a bullish signal. The stock’s MACD is also trading above the signal line and the zero-line which further confirms the positive trend. Be sure to read our latest technical research on EMC by registering at
www.StockCall.com/EMC052013.pdf
Shares of Himax Technologies Inc. slipped in trading on Friday; however, the losses were limited. The stock closed 0.39% lower at $7.57 on volume of 3.34 million after trading between $7.46 and $7.90. Despite the pullback at the end of last week’s session, Himax’s shares gained more than 9.80% in the last three sessions. The stock has had an excellent run so far in 2013, gaining more than 215.40%. The company’s shares are currently trading well above their 50-day and 200-day moving averages. Sign up and read the complimentary report on HIMX at
www.StockCall.com/HIMX052013.pdf
Shares of Rovi Corporation fluctuated between gains and losses in Friday’s trading session before finishing the day nearly flat. The stock closed 0.04% lower at $25.01 on above average volume of 979,260. Rovi’s shares, however, had an excellent run last week, gaining more than 5.60%. The stock has seen a series of highs in the last two weeks which is a bullish signal. The positive trend is further confirmed by the stock’s MACD chart. The free report on ROVI can be downloaded by signing up now at
www.StockCall.com/ROVI052013.pdf
Shares of Mentor Graphics Corp. edged higher in trading on Friday, tracking gains in the broad market. The stock ended the day 0.88% higher at $18.29 on above average volume of 767,323 after touching an intraday high of $18.46. The company’s shares are currently trading close to their 52-week high of $18.69. However, the stock has traded sideways in the last one month, struggling to break through $18.50 resistance level. Free report on MENT can be accessed by registering at
www.StockCall.com/MENT052013.pdf
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