Lead Laggards in the Nasdaq 100 Today: LIFE, NIHD, SHLD, QCOM, BIDU, TEVA, NVDA, XLNX, CSCO, CTXS (Sep-5-2017)

NASDAQ Movers to the Downside Today

Life Technologies Corp.
Traders are selling off shares of Life Technologies Corp. today. At the close of the day LIFE stock price plummeted by $0.3 or -9.84%. It closed at a price of $2.75 with above average volume. LIFE closed negatively in 3 of the last 10 trading days. The decline today is a pull back to the stock after yesterday’s increase. 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. LIFE should find technical support near $2.6 and resistance near $3. Look for a trend reversal when the stock trades near these support and resistance. Life Technologies Corp.’s price to earning ratio is 0.00 and has a market capitalization of 65.56M. Its 52 week high is $4.45 and 52 week low is $2.10.

NII Holdings, Inc.
Investors are dumping shares of NII Holdings, Inc. today. At the end of the trading session NIHD shares dropped by $0.06 or -9.54%. It set the close at a price of $0.60 per share with below average volume, only 67 percent of its usual volume. On a positive note, traders are coming back to the stock in after hour trading. NIHD is up so far by $0.05 or 8.33% in the after market session. NIHD ended the session negatively in 4 of the last 10 trading days. The movement today extends the stock’s decline from yesterday. The trend 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 indicators to confirm this downward movement before placing a bet here. NIHD is predicted to find support near $0.5 and resistance near $0.76. NII Holdings, Inc.’s PE ratio is 0.00 and has a market capitalization of 66.62M. Its 52 week high is $3.63 and 52 week low is $0.36.

Sears Holdings Corporation
Traders are dumping shares of Sears Holdings Corporation today. At market close SHLD stock price plunged by $0.31 or -3.95%. It ended the day at a price of $7.54 with average volume. On a positive note, investors are coming back to the stock in after hour trading. SHLD is up so far by $0.10 or 1.33% in the after market session. SHLD ended the session negatively in 8 of the last 10 trading days. The movement today adds to the stock’s 4 days losing streak. In the short term, the trend is bearish and the stock price could have further downside from the current level in the near term. Traders are recommended to wait for further confirmations to this downward movement before placing a bet here. SHLD is predicted to find support near $6.82 and resistance near $8.62. Sears Holdings Corporation’s price to earning ratio is 0.00 and has a current market cap of 810.14M. Its 52 week high is $14.32 and 52 week low is $5.50.

QUALCOMM, Inc.
Investors are dumping shares of QUALCOMM, Inc. today. At market close QCOM shares plummeted by $2.02 or -3.88%. It closed at $50.03 with unusually high volume, 2.23 times more than usual. QCOM sinks to a new 52 week low in today’s trading session at $49.83, dips below its previous record low of $50.11 set on February 23rd, 2016. On a positive note, traders are buying back shares in after hour trading. QCOM is up so far by $0.04 or 0.08% in the after market session. QCOM closed lower in 3 of the last 10 trading days. Today’s decline extends the stock’s decline from yesterday. Short term technical indicators is bearish and the stock price could decrease from the current level in the short term. Investors should wait for further indicators to confirm this downtrend before placing a bet at this level. QCOM is finding support near $47.94 and resistance near $53.82. QUALCOMM, Inc.’s PE ratio is 19.16 and has a market capitalization of 73.85B. Its 52 week high is $71.62 and 52 week low is $49.83. QUALCOMM, Inc. also has a dividend yield of 4.56% annually.

Baidu.com, Inc. (ADR)
Traders are selling off shares of Baidu.com, Inc. (ADR) today. At the end of the trading session BIDU stock price plummeted by $7.34 or -3.16%. It set the close at a price of $225.30 per share with average volume. BIDU hits a new 52 week high today at $233.79, beating its record high of $201.00 set on April 29th, 2016. On the positive side, traders are buying back shares in after hour trading. BIDU is up so far by $0.64 or 0.28% in the after market session. BIDU closed lower in 7 of the last 10 trading days. The decline today adds to the stock’s 3 days losing streak. Technical indicators is bullish and the stock price could breakout higher from the current level in the near term. Traders should wait for further indicators to confirm this up leg before stepping in here. BIDU should find technical support near $218.68 and resistance near $237.1. Baidu.com, Inc. (ADR)’s PE ratio is 46.18 and has a current market capitalization of 78.46B. Its 52 week high is $233.79 and 52 week low is $159.54.

Teva Pharmaceutical Industries Ltd (ADR)
Investors are getting rid of their shares of Teva Pharmaceutical Industries Ltd (ADR) today. At the end of the day TEVA stock price plummeted by $0.49 or -3.05%. It ended the day at $15.41 per share with below average volume. TEVA sinks to a new 52 week low in today’s trading session at $15.32, dips below its previous record low of $31.90 set on February 8th, 2017. The negative environment continues into the after market session. During after hours, TEVA is down another $0.03 or -0.19%. TEVA declined in 8 of the last 10 trading days. Today’s decline puts an end to the stock’s 2 days winning streak. In the short term, the trend is bearish and the stock price could accelerate lower from the current trading range in the medium term. Investors are recommended to wait for further confirmations to this downtrend before buying the stock at this level. TEVA is finding support near $14.82 and resistance near $16.4. Teva Pharmaceutical Industries Ltd (ADR)’s price to earning ratio is 0.00 and has a market capitalization of 15.91B. Its 52 week high is $52.66 and 52 week low is $15.32. Teva Pharmaceutical Industries Ltd (ADR) also has a dividend yield of 7.17% annually.

NVIDIA Corporation
Traders are getting rid of their shares of NVIDIA Corporation today. At the close of the market NVDA stock price plummeted by $4.55 or -2.67%. It set the close at a price of $165.91 per share with average volume. On a positive note, traders are coming back to the stock in after hour trading. NVDA is up so far by $0.24 or 0.14% in the after market session. NVDA declined in 4 of the last 10 trading days. Today’s movement puts an end to the stock’s 3 days winning streak. Short term technical indicators is bullish and the stock price could accelerate higher from the current level in the short term. Investors should wait for further indicators to confirm this uptrend before taking a position here. NVDA should find technical support near $158.78 and resistance near $175.46. NVIDIA Corporation’s price to earning ratio is 47.50 and has a current market cap of 99.55B. Its 52 week high is $174.56 and 52 week low is $57.31. NVIDIA Corporation also has a dividend yield of 0.34% annually.

Xilinx, Inc.
Investors are dumping shares of Xilinx, Inc. today. At the end of the trading session XLNX shares plummeted by $1.48 or -2.24%. It closed at a price of $64.51 with average volume. XLNX declined in 2 of the last 10 trading days. The movement today adds to the stock’s 2 days losing streak. Technical indicators for this stock is slightly bearish. However, major downward momentum in the short term is unlikely until a breakout to the downside is spotted. XLNX is predicted to find support near $63.67 and resistance near $65.82. Look for a trend reversal when the stock reaches these prices. Xilinx, Inc.’s PE ratio is 27.60 and has a current market capitalization of 16.04B. Its 52 week high is $68.68 and 52 week low is $48.75. Xilinx, Inc. also has a dividend yield of 2.17% annually.

Cisco Systems, Inc.
Traders are selling shares of Cisco Systems, Inc. today. At market close CSCO stock price plunged by $0.68 or -2.11%. It set the close at $31.62 with unusually high volume, 1.56 times more than usual. On the positive side, traders are coming back to the stock in after hour trading. CSCO is up so far by $0.01 or 0.03% in the after market session. CSCO declined in 2 of the last 10 trading days. Today’s drop puts an end to the stock’s 3 days winning streak. The trend for this stock is bullish but the stock price is likely to stay around the current trading range in the near term. CSCO should find technical support near $31.27 and resistance near $32.16. Watch out for a trend reversal when the stock trades near these support and resistance. Cisco Systems, Inc.’s price to earning ratio is 16.60 and has a market cap of 158.10B. Its 52 week high is $34.60 and 52 week low is $29.12. Cisco Systems, Inc. also has a dividend yield of 3.67% on an annual basis.

Citrix Systems, Inc.
Investors are selling off shares of Citrix Systems, Inc. today. At the end of the trading session CTXS shares dropped by $1.53 or -1.95%. It closed at a price of $76.99 per share with above average volume, 1.31 times more than usual. CTXS closed lower in 1 of the last 10 trading days. The movement today puts an end to the stock’s 7 days winning streak. The trend is bullish and the stock price could accelerate higher from the current trading range in the medium term. Traders should wait for further confirmations to this upward movement before placing a bet at this level. CTXS should find technical support near $74.42 and resistance near $79.96. Citrix Systems, Inc.’s PE ratio is 23.75 and has a market capitalization of 11.66B. Its 52 week high is $87.99 and 52 week low is $64.11.

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