Lead Gainers in the Nasdaq 100 Today: URBN, MRVL, ADSK, CHRW, ORLY, DLTR, ROST, BBBY, NWSA, INTU (Aug-25-2017)

NASDAQ Movers to the Upside Today

Urban Outfitters, Inc.
URBN traded higher today on unusually high volume, 1.52 times more than usual. At the close of the day, it was trading at $21.62, up $1.62 or 8.10%. However, traders are pulling back from the stock in after hour trading. URBN is so far down $0.04 or -0.19% in the after market session. URBN closed positively in 6 of the last 10 trading days. Today’s closing figure adds to the stock’s 3 days winning streak. In the short term, the trend is bullish and the stock price could breakout higher from the current trading range in the short term. Investors should wait for further indicators to confirm this up leg before taking a position here. URBN should find technical support near $19.89 and resistance near $22.57. It has a 52 week high of $40.80 and a 52 week low of $16.19, with a market cap of 2.50B and a PE ratio of 14.46.

Marvell Technology Group Ltd.
MRVL is one of the market movers to the upside today with unusually high volume, 2.81 times more than usual. At market close, it was trading at a price of $17.05, up $1.19 or 7.50%. The optimism continues into the after market session. During after hours, MRVL is up another $0.02 or 0.12%. MRVL closed higher in 6 of the last 10 trading days. The movement today finally put an end to the stock’s 2 days losing streak. Technical indicators is bullish and the stock price could accelerate higher from the current trading range in the medium term. Investors are recommended to wait for further indicators to confirm this up leg before taking a position here. MRVL should find technical support near $16.16 and resistance near $17.92. It has a 52 week high of $18.18 and a 52 week low of $12.03, with a market cap of 8.57B and a PE ratio of 57.13. Marvell Technology Group Ltd. also has a dividend yield of 1.41% annually.

Autodesk, Inc.
ADSK traded higher today on unusually high volume, 4.56 times more than usual. At market close, it was trading at $114.97 per share, up $4.36 or 3.94%. However, traders are taking profit from the stock in after hour trading. ADSK is so far down $0.47 or -0.41% in the after market session. ADSK gained in 7 of the last 10 trading days. Today’s gain finally put an end to the stock’s 2 days losing streak. Technical indicators is bullish and the stock price could increase from the current level in the medium term. Traders are recommended to wait for further indicators to confirm this uptrend before chasing the stock at this level. ADSK is finding support near $109.89 and resistance near $122.27. It has a 52 week high of $119.73 and a 52 week low of $63.00, with a market capitalization of 25.33B and a price to earning ratio of 0.00.

C.H. Robinson Worldwide, Inc.
CHRW is one of the market movers to the upside today with average volume. At the close of the market, it was trading at $69.07 per share, up $2.20 or 3.29%. CHRW gained in 4 of the last 10 trading days. Today’s gain finally put an end to the stock’s 2 days losing streak. Short term technical indicators is bullish and the stock price could accelerate higher from the current trading range in the medium term. Investors are recommended to wait for further indicators to confirm this uptrend before placing a bet here. CHRW should find technical support near $65.94 and resistance near $70.94. It has a 52 week high of $81.16 and a 52 week low of $63.41, with a market capitalization of 9.70B and a PE ratio of 20.27. C.H. Robinson Worldwide, Inc. also has a dividend yield of 2.61% annually.

O’Reilly Automotive, Inc.
ORLY is one of the market movers to the upside today with below average volume. At the close of the day, it was trading at $202.28 per share, up $5.84 or 2.97%. The optimism continues into the after market session. During after hours, ORLY is up another $0.22 or 0.11%. ORLY closed positively in 4 of the last 10 trading days. The movement today extends the stock’s gain from yesterday. The trend is bullish and the stock price could increase from the current level in the short term. Investors should wait for further indicators to confirm this uptrend before taking a position here. ORLY is predicted to find support near $192.17 and resistance near $210.47. It has a 52 week high of $286.57 and a 52 week low of $169.43, with a market capitalization of 17.80B and a PE ratio of 17.71.

Dollar Tree, Inc.
DLTR is one of the market movers to the upside today with unusually high volume, 1.53 times more than usual. At the end of the day, it was trading at a price of $80.39 per share, up $1.89 or 2.41%. DLTR gained in 5 of the last 10 trading days. Today’s closing figure extends the stock’s gain from yesterday. The trend is bullish and the stock price could breakout higher from the current level in the medium term. Investors are recommended to wait for further indicators to confirm this up leg before buying the stock at this level. DLTR should find technical support near $76.84 and resistance near $82.56. It has a 52 week high of $91.41 and a 52 week low of $65.63, with a current market capitalization of 19.03B and a PE ratio of 20.55.

Ross Stores, Inc.
ROST traded higher today on unusually high volume, 1.54 times more than usual. At market close, it was trading at a price of $59.38, up $1.05 or 1.80%. The bullishness continues into the after market session. During after hours, ROST is up another $0.02 or 0.03%. ROST ended the session positively in 4 of the last 10 trading days. Today’s gain finally put an end to the stock’s 2 days losing streak. Short term technical indicators is bullish and the stock price could breakout higher from the current level in the medium term. Investors should wait for further indicators to confirm this up leg before taking a position here. ROST is finding support near $57.87 and resistance near $60.43. It has a 52 week high of $69.81 and a 52 week low of $52.85, with a current market capitalization of 23.11B and a PE ratio of 19.57. Ross Stores, Inc. also has a dividend yield of 1.08% on an annual basis.

Bed Bath & Beyond Inc.
BBBY traded higher today on below average volume, only 53 percent of its usual volume. At the end of the day, it was trading at $27.94 per share, up $0.46 or 1.67%. BBBY closed higher in 5 of the last 10 trading days. The movement today is a rebound after yesterday’s dip. The trend for this stock is bullish but the stock price is likely to be range bounded between the current trading range in the medium term. BBBY is finding support near $27.47 and resistance near $28.37. Be careful there could be a pull back or buy back when the stock reaches these support and resistance. It has a 52 week high of $48.83 and a 52 week low of $26.96, with a current market capitalization of 4.04B and a PE ratio of 6.45. Bed Bath & Beyond Inc. also has a dividend yield of 2.15% on an annual basis.

News Corp
NWSA is one of the market movers to the upside today with average volume. At the close of the market, it was trading at a price of $13.42 per share, up $0.22 or 1.67%. NWSA closed higher in 4 of the last 10 trading days. Today’s movement extends the stock’s gain from yesterday. The trend for this stock is bullish but the stock price is likely to be capped to the current trading range in the medium term. NWSA should find technical support near $13.17 and resistance near $13.57. Watch out for a trend reversal when the stock trades near these prices. It has a 52 week high of $14.68 and a 52 week low of $10.99, with a market capitalization of 7.89B and a price to earning ratio of 0.00. News Corp also has a dividend yield of 1.49% annually.

Intuit Inc.
INTU is one of the market movers to the upside today with above average volume, 1.3 times more than usual. At the close of the day, it was trading at a price of $137.35, up $2.02 or 1.49%. INTU closed positively in 5 of the last 10 trading days. Today’s gain finally put an end to the stock’s 2 days losing streak. In the short term, the trend for this stock is bullish but the stock price is likely to trade around the current trading range in the short term. INTU is finding support near $136.08 and resistance near $138.21. Be careful there could be a pull back or buy back when the stock reaches these support and resistance. It has a 52 week high of $143.81 and a 52 week low of $103.22, with a current market cap of 35.25B and a price to earning ratio of 36.79. Intuit Inc. also has a dividend yield of 1.14% on an annual basis.

Comments are closed.