Lead Laggards in the Nasdaq 100 Today: CMCSA, LINTA, SRCL, SBUX, STX, CTXS, ALXN, FAST, MYL, ROST (Sep-7-2017)

NASDAQ Movers to the Downside Today

Comcast Corporation
Investors are selling shares of Comcast Corporation today. At the end of the trading session CMCSA shares plummeted by $2.57 or -6.24%. It ended the day at a price of $38.60 with unusually high volume, 4.28 times more than usual. The negative environment continues into the after market session. In the after market, CMCSA is down another $0.1 or -0.26%. CMCSA ended the session negatively in 5 of the last 10 trading days. Today’s loss is a pull back after yesterday’s increase. Technical indicators is bearish and the stock price could have further downside from the current level in the near term. Investors should wait for further confirmations to this downtrend before buying on the dip at this level. CMCSA is predicted to find support near $36.31 and resistance near $42.39. Comcast Corporation’s PE ratio is 19.06 and has a market capitalization of 184.17B. Its 52 week high is $42.18 and 52 week low is $30.02. Comcast Corporation also has a dividend yield of 1.63% annually.

Liberty Media Corp (Interactive)
Traders are dumping shares of Liberty Media Corp (Interactive) today. At the close of the market LINTA shares dropped by $0.51 or -2.22%. It ended the day at a price of $22.45 per share with average volume. LINTA declined in 3 of the last 10 trading days. Today’s closing figure is a sell off after yesterday’s gain. Technical indicators is bullish and the stock price could breakout higher from the current level in the near term. Investors should wait for further confirmations to this upward movement before taking a position here. LINTA is finding support near $22 and resistance near $23.32. Liberty Media Corp (Interactive)’s price to earning ratio is 23.09 and has a market cap of 15.32B. Its 52 week high is $26.00 and 52 week low is $17.24.

Stericycle, Inc.
Traders are dumping shares of Stericycle, Inc. today. At the close of the day SRCL shares plunged by $1.5 or -2.13%. It closed at a price of $69.00 with above average volume, 1.5 times more than usual. SRCL sets a new 52 week low in today’s trading session at $68.92, dips below its previous record low of $71.52 last seen on December 7th, 2016. SRCL declined in 5 of the last 10 trading days. The decline today is a sell off to the stock after yesterday’s gain. Short term technical indicators is bearish and the stock price could have further downside from the current level in the near term. Traders should wait for further indicators to confirm this downtrend before placing a bet here. SRCL is predicted to find support near $67.57 and resistance near $71.71. Stericycle, Inc.’s PE ratio is 0.00 and has a market capitalization of 5.89B. Its 52 week high is $88.00 and 52 week low is $68.92.

Starbucks Corporation
Investors are selling shares of Starbucks Corporation today. At the end of the trading session SBUX stock price plummeted by $0.84 or -1.55%. It set the close at a price of $53.47 per share with average volume. On a positive note, traders are buying back shares in after hour trading. SBUX is up so far by $0.01 or 0.02% in the after market session. SBUX closed lower in 4 of the last 10 trading days. The decline today extends the stock’s decline from yesterday. Technical indicators is bearish and the stock price could accelerate lower from the current trading range in the short term. Traders should wait for further confirmations to this declining trend before buying on the dip at this level. SBUX is finding support near $52.38 and resistance near $55.22. Starbucks Corporation’s PE ratio is 27.10 and has a current market capitalization of 76.06B. Its 52 week high is $64.87 and 52 week low is $50.84. Starbucks Corporation also has a dividend yield of 1.87% on an annual basis.

Seagate Technology PLC
Investors are selling off shares of Seagate Technology PLC today. At the end of the day STX shares dropped by $0.45 or -1.37%. It ended the day at a price of $32.34 per share with below average volume. STX closed negatively in 2 of the last 10 trading days. The decline today puts an end to the stock’s 5 days winning streak. The trend is bullish and the stock price could accelerate higher from the current trading range in the near term. Traders are recommended to wait for further indicators to confirm this upward movement before placing a bet at this level. STX should find technical support near $31.31 and resistance near $33.49. Seagate Technology PLC’s PE ratio is 12.54 and has a market cap of 9.32B. Its 52 week high is $50.96 and 52 week low is $30.60. Seagate Technology PLC also has a dividend yield of 7.79% on an annual basis.

Citrix Systems, Inc.
Traders are getting rid of their shares of Citrix Systems, Inc. today. At market close CTXS shares plunged by $0.99 or -1.30%. It set the close at $75.36 per share with average volume. CTXS closed negatively in 3 of the last 10 trading days. The movement today adds to the stock’s 2 days losing streak. Short term technical indicators for this stock is bearish but the stock price is likely to trade around the current trading range in the short term. CTXS should find technical support near $74.74 and resistance near $76.31. Watch out for a pull back or buy back when the stock trades at these levels. Citrix Systems, Inc.’s PE ratio is 23.25 and has a market cap of 11.32B. Its 52 week high is $87.99 and 52 week low is $64.11.

Alexion Pharmaceuticals, Inc.
Investors are selling shares of Alexion Pharmaceuticals, Inc. today. At the end of the trading session ALXN stock price dropped by $1.62 or -1.12%. It ended the day at a price of $143.50 per share with average volume. ALXN closed negatively in 3 of the last 10 trading days. Today’s loss puts an end to the stock’s 5 days winning streak. The trend is bullish and the stock price could accelerate higher from the current level in the medium term. Traders are recommended to wait for further confirmations to this upward movement before buying on the dip at this level. ALXN is finding support near $141.15 and resistance near $146.39. Alexion Pharmaceuticals, Inc.’s PE ratio is 62.18 and has a market capitalization of 32.12B. Its 52 week high is $149.34 and 52 week low is $96.18.

Fastenal Company
Investors are dumping shares of Fastenal Company today. At the close of the market FAST shares plunged by $0.44 or -1.04%. It closed at a price of $41.93 with unusually high volume, 1.92 times more than usual. On the positive side, investors are coming back to the stock in after hour trading. FAST is up so far by $0.07 or 0.17% in the after market session. FAST declined in 5 of the last 10 trading days. Today’s loss is a pull back to the stock after yesterday’s increase. In the short term, the trend for this stock is slightly bearish. However, major movement in the near term is unlikely until a breakout lower is spotted. FAST should find technical support near $40.99 and resistance near $42.64. Look for a pull back or buy back when the stock trades near these prices. Fastenal Company’s price to earning ratio is 22.97 and has a market cap of 12.17B. Its 52 week high is $52.74 and 52 week low is $37.70. Fastenal Company also has a dividend yield of 3.05% annually.

Mylan Inc.
Traders are selling off shares of Mylan Inc. today. At the end of the trading session MYL stock price plummeted by $0.33 or -1.02%. It closed at $31.91 with below average volume. MYL declined in 3 of the last 10 trading days. Today’s decline puts an end to the stock’s 5 days winning streak. Short term technical indicators is bullish and the stock price could increase from the current level in the medium term. Traders should wait for further indicators to confirm this upward movement before stepping in here. MYL is finding support near $31.03 and resistance near $33.41. Mylan Inc.’s price to earning ratio is 25.73 and has a market cap of 17.29B. Its 52 week high is $45.87 and 52 week low is $29.39.

Ross Stores, Inc.
Investors are selling shares of Ross Stores, Inc. today. At the close of the day ROST shares plummeted by $0.6 or -1.01%. It closed at a price of $58.55 with below average volume. ROST closed lower in 5 of the last 10 trading days. Today’s drop puts an end to the stock’s 4 days winning streak. The trend for this stock is bearish but the stock price is likely to be range bounded between the current trading range in the near term. ROST is finding support near $57.91 and resistance near $59.41. Be careful there could be a trend reversal when the stock trades near these prices. Ross Stores, Inc.’s PE ratio is 19.30 and has a market cap of 22.79B. Its 52 week high is $69.81 and 52 week low is $52.85. Ross Stores, Inc. also has a dividend yield of 1.09% on an annual basis.

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