Lead Laggards in the Nasdaq 100 Today: MYL, SHLD, CTRP, XRAY, NIHD, ROST, TEVA, HSIC, MAT, NWSA (Aug-14-2017)

NASDAQ Movers to the Downside Today

Mylan Inc.
Traders are selling off shares of Mylan Inc. today. At the end of the trading session MYL shares dropped by $1.25 or -4.05%. It set the close at a price of $29.63 per share with unusually high volume, 1.86 times more than usual. MYL sinks to a new 52 week low in today’s trading session at $29.56, dips below its previous record low of $33.60 last seen on November 3rd, 2016. The bearish movement continues into the after market session. During after hours, MYL is down another $0.03 or -0.10%. MYL closed negatively in 7 of the last 10 trading days. Today’s drop extends the stock’s decline from yesterday. Technical indicators is bearish and the stock price could accelerate lower from the current level in the short term. Investors should wait for further confirmations to this downtrend before buying the stock at this level. MYL should find technical support near $28.29 and resistance near $32.17. Mylan Inc.’s price to earning ratio is 23.90 and has a market cap of 16.56B. Its 52 week high is $49.42 and 52 week low is $29.56.

Sears Holdings Corporation
Investors are selling shares of Sears Holdings Corporation today. At the close of the day SHLD stock price dropped by $0.27 or -3.04%. It ended the day at a price of $8.61 with unusually low volume, only 46 percent of its usual volume. SHLD declined in 5 of the last 10 trading days. Today’s movement is a sell off after yesterday’s gain. Technical indicators for this stock is slightly bearish. However, major decline in the medium term is not expected until a breakout from the current trading range is spotted. SHLD is finding support near $8.47 and resistance near $8.89. Watch out for a trend reversal when the stock trades near these prices. Sears Holdings Corporation’s PE ratio is 0.00 and has a current market capitalization of 923.56M. Its 52 week high is $18.18 and 52 week low is $5.50.

Ctrip.com International, Ltd. (ADR)
Investors are dumping shares of Ctrip.com International, Ltd. (ADR) today. At the close of the market CTRP shares plummeted by $1.37 or -2.54%. It set the close at a price of $52.48 per share with unusually high volume, 2.44 times more than usual. The bearish movement continues into the after market session. During after hours, CTRP is down another $0.03 or -0.06%. CTRP ended the session negatively in 6 of the last 10 trading days. Today’s movement adds to the stock’s 3 days losing streak. Technical indicators is bearish and the stock price could accelerate lower from the current level in the near term. Traders are recommended to wait for further indicators to confirm this downward movement before taking a position here. CTRP is finding support near $51.16 and resistance near $54.94. Ctrip.com International, Ltd. (ADR)’s price to earning ratio is 959.24 and has a market capitalization of 26.94B. Its 52 week high is $60.65 and 52 week low is $39.71.

DENTSPLY International Inc.
Investors are selling shares of DENTSPLY International Inc. today. At the close of the market XRAY stock price plunged by $1.04 or -1.88%. It ended the day at $54.29 with unusually high volume, 1.73 times more than usual. XRAY sinks to a new 52 week low in today’s trading session at $54.04, dips below its previous record low of $55.00 set on January 20th, 2016. XRAY ended the session negatively in 7 of the last 10 trading days. Today’s movement adds to the stock’s 4 days losing streak. Technical indicators is bearish and the stock price could have further downside from the current trading range in the short term. Traders are recommended to wait for further confirmations to this declining trend before stepping in at this level. XRAY should find technical support near $52.72 and resistance near $56.94. DENTSPLY International Inc.’s price to earning ratio is 0.00 and has a current market cap of 12.46B. Its 52 week high is $65.68 and 52 week low is $54.04. DENTSPLY International Inc. also has a dividend yield of 0.64% annually.

NII Holdings, Inc.
Investors are selling off shares of NII Holdings, Inc. today. At the end of the trading session NIHD stock price plunged by $0.01 or -1.83%. It ended the day at a price of $0.59 per share with above average volume, 1.33 times more than usual. NIHD closed negatively in 4 of the last 10 trading days. Today’s decline is a pull back to the stock after yesterday’s gain. Technical indicators is bullish and the stock price could breakout higher from the current trading range in the medium term. Investors are recommended to wait for further confirmations to this up leg before taking a position here. NIHD is predicted to find support near $0.45 and resistance near $0.71. NII Holdings, Inc.’s PE ratio is 0.00 and has a market capitalization of 60.29M. Its 52 week high is $3.63 and 52 week low is $0.36.

Ross Stores, Inc.
Traders are dumping shares of Ross Stores, Inc. today. At the end of the trading session ROST shares plummeted by $0.79 or -1.42%. It set the close at $54.77 per share with average volume. On a positive note, traders are coming back to the stock in after hour trading. ROST is up so far by $0.08 or 0.15% in the after market session. ROST closed lower in 3 of the last 10 trading days. The decline today is a pull back to the stock after yesterday’s gain. Technical indicators for this stock is bearish but the stock price is likely to be range bounded between the current trading range in the short term. ROST is finding support near $54.19 and resistance near $55.79. Look for a trend reversal when the stock reaches these levels. Ross Stores, Inc.’s PE ratio is 18.72 and has a market cap of 21.32B. Its 52 week high is $69.81 and 52 week low is $52.91. Ross Stores, Inc. also has a dividend yield of 1.17% on an annual basis.

Teva Pharmaceutical Industries Ltd (ADR)
Investors are dumping shares of Teva Pharmaceutical Industries Ltd (ADR) today. At the close of the day TEVA stock price plummeted by $0.14 or -0.81%. It closed at a price of $17.16 with average volume. On the positive side, investors are coming back to the stock in after hour trading. TEVA is up so far by $0.02 or 0.12% in the after market session. TEVA closed negatively in 9 of the last 10 trading days. Today’s drop is a sell off to the stock after yesterday’s increase. In the short term, the trend is bearish and the stock price could have further downside from the current level in the near term. Investors are recommended to wait for further confirmations to this downtrend before buying the stock here. TEVA should find technical support near $16.61 and resistance near $18.05. Teva Pharmaceutical Industries Ltd (ADR)’s PE ratio is 0.00 and has a market cap of 17.57B. Its 52 week high is $55.39 and 52 week low is $16.81. Teva Pharmaceutical Industries Ltd (ADR) also has a dividend yield of 6.44% annually.

Henry Schein, Inc.
Traders are dumping shares of Henry Schein, Inc. today. At market close HSIC shares dropped by $1.31 or -0.77%. It set the close at a price of $169.27 with below average volume. HSIC ended the session negatively in 8 of the last 10 trading days. Today’s loss is a pull back to the stock after yesterday’s gain. The trend is bearish and the stock price could have further downside from the current level in the medium term. Traders should wait for further confirmations to this declining trend before buying on the dip at this level. HSIC should find technical support near $167.22 and resistance near $172.98. Henry Schein, Inc.’s price to earning ratio is 24.76 and has a market capitalization of 13.38B. Its 52 week high is $186.99 and 52 week low is $146.23.

Mattel, Inc.
Traders are dumping shares of Mattel, Inc. today. At market close MAT stock price dropped by $0.08 or -0.46%. It set the close at a price of $17.43 per share with average volume. MAT sets a new 52 week low today at $17.36, dips below its previous record low of $24.60 last seen on March 22nd, 2017. MAT ended the session negatively in 8 of the last 10 trading days. Today’s drop adds to the stock’s 5 days losing streak. Technical indicators is bearish and the stock price could decrease from the current trading range in the medium term. Traders are recommended to wait for further indicators to confirm this downward movement before placing a bet here. MAT should find technical support near $17.18 and resistance near $17.78. Mattel, Inc.’s price to earning ratio is 25.17 and has a market capitalization of 5.97B. Its 52 week high is $34.20 and 52 week low is $17.36. Mattel, Inc. also has a dividend yield of 3.44% annually.

News Corp
Investors are selling shares of News Corp today. At the end of the trading session NWSA shares plunged by $0.06 or -0.45%. It closed at $13.37 per share with above average volume, 1.49 times more than usual. NWSA closed lower in 8 of the last 10 trading days. Today’s closing figure adds to the stock’s 4 days losing streak. Technical indicators is bearish and the stock price could have further downside from the current trading range in the near term. Investors are recommended to wait for further confirmations to this downtrend before stepping in at this level. NWSA should find technical support near $13.12 and resistance near $13.74. News Corp’s price to earning ratio is 0.00 and has a market cap of 7.85B. Its 52 week high is $14.68 and 52 week low is $10.99. News Corp also has a dividend yield of 1.50% on an annual basis.

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