Lead Laggards in the Nasdaq 100 Today: ESRX, NIHD, HSIC, SBUX, VRSN, ERTS, VRTX, AAPL, ADBE, CHKP (Sep-12-2017)

NASDAQ Movers to the Downside Today

Express Scripts, Inc.
Traders are getting rid of their shares of Express Scripts, Inc. today. At market close ESRX stock price plummeted by $1.03 or -1.62%. It set the close at $62.64 with unusually high volume, 1.57 times more than usual. ESRX closed lower in 3 of the last 10 trading days. The movement today puts an end to the stock’s 2 days winning streak. In the short term, the trend is bullish and the stock price could increase from the current level in the short term. Traders should wait for further confirmations to this up leg before buying the stock at this level. ESRX is predicted to find support near $61.23 and resistance near $65.01. Express Scripts, Inc.’s price to earning ratio is 10.97 and has a market capitalization of 36.77B. Its 52 week high is $77.50 and 52 week low is $57.80.

NII Holdings, Inc.
Investors are dumping shares of NII Holdings, Inc. today. At market close NIHD stock price dropped by $0.01 or -1.36%. It set the close at a price of $0.57 per share with above average volume, 1.3 times more than usual. NIHD closed negatively in 4 of the last 10 trading days. Today’s movement extends the stock’s decline from yesterday. Short term 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 indicators to confirm this declining trend before buying on the dip here. NIHD should find technical support near $0.53 and resistance near $0.63. NII Holdings, Inc.’s PE ratio is 0.00 and has a current market cap of 57.58M. Its 52 week high is $3.63 and 52 week low is $0.36.

Henry Schein, Inc.
Traders are getting rid of their shares of Henry Schein, Inc. today. At the end of the trading session HSIC shares plunged by $1.65 or -0.93%. It closed at $175.92 with average volume. HSIC closed negatively in 4 of the last 10 trading days. Today’s closing figure puts an end to the stock’s 4 days winning streak. In the short term, the trend 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 placing a bet at this level. HSIC is predicted to find support near $173.67 and resistance near $179.81. Henry Schein, Inc.’s PE ratio is 25.74 and has a current market cap of 13.91B. Its 52 week high is $186.99 and 52 week low is $146.23.

Starbucks Corporation
Traders are selling shares of Starbucks Corporation today. At the end of the trading session SBUX stock price dropped by $0.48 or -0.89%. It ended the day at $53.54 per share with average volume. SBUX ended the session negatively in 3 of the last 10 trading days. Today’s loss puts an end to the stock’s 2 days winning streak. The trend is bearish and the stock price could decrease from the current level in the near term. Investors should wait for further indicators to confirm this declining trend before stepping in at this level. SBUX should find technical support near $52.87 and resistance near $54.47. Starbucks Corporation’s PE ratio is 27.14 and has a current market cap of 77.31B. 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.

Verisign, Inc.
Investors are getting rid of their shares of Verisign, Inc. today. At the end of the day VRSN stock price plummeted by $0.92 or -0.88%. It set the close at $103.73 with below average volume, only 69 percent of its usual volume. VRSN hits a new 52 week high today at $105.00, beating its record high of $91.99 set on April 29th, 2016. VRSN closed negatively in 3 of the last 10 trading days. Today’s closing figure is a pull back after yesterday’s gain. The trend is bullish and the stock price could increase from the current trading range in the medium term. Traders should wait for further indicators to confirm this uptrend before buying on the dip at this level. VRSN is predicted to find support near $102.28 and resistance near $105.72. Verisign, Inc.’s price to earning ratio is 28.30 and has a market capitalization of 10.36B. Its 52 week high is $105.00 and 52 week low is $74.46.

Electronic Arts Inc.
Investors are selling off shares of Electronic Arts Inc. today. At the close of the day ERTS stock price plunged by $0.78 or -0.64%. It closed at a price of $120.41 with above average volume, 1.25 times more than usual. On the positive side, traders are coming back to the stock in after hour trading. ERTS is up so far by $0.39 or 0.32% in the after market session. ERTS closed negatively in 5 of the last 10 trading days. The decline today is a pull back after yesterday’s gain. 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. ERTS should find technical support near $118.69 and resistance near $122.13. Be careful there could be a pull back or buy back when the stock hits these prices. Electronic Arts Inc.’s price to earning ratio is 32.28 and has a current market cap of 37.17B. Its 52 week high is $122.79 and 52 week low is $73.74.

Vertex Pharmaceuticals Incorporated
Investors are getting rid of their shares of Vertex Pharmaceuticals Incorporated today. At market close VRTX stock price plunged by $0.99 or -0.63%. It ended the day at a price of $156.82 per share with below average volume, only 61 percent of its usual volume. VRTX closed lower in 5 of the last 10 trading days. Today’s movement adds to the stock’s 2 days losing streak. In the short term, the trend for this stock is bearish but the stock price is likely to stay around the current trading range in the near term. VRTX should find technical support near $154.29 and resistance near $160.4. Look for a trend reversal when the stock trades at these prices. Vertex Pharmaceuticals Incorporated’s price to earning ratio is 151.79 and has a market cap of 39.54B. Its 52 week high is $167.85 and 52 week low is $71.46.

Apple Inc.
Traders are getting rid of their shares of Apple Inc. today. At the end of the trading session AAPL shares dropped by $0.64 or -0.40%. It ended the day at a price of $160.86 with unusually high volume, 2.59 times more than usual. On the positive side, investors are buying back shares in after hour trading. AAPL is up so far by $0.12 or 0.07% in the after market session. AAPL closed negatively in 4 of the last 10 trading days. Today’s decline is a sell off to the stock after yesterday’s gain. Short term technical indicators for this stock is bearish but the stock price is likely to be range bounded between the current trading range in the medium term. AAPL is finding support near $158.43 and resistance near $163.62. Look for a pull back or buy back when the stock hits these prices. Apple Inc.’s PE ratio is 18.30 and has a market cap of 830.88B. Its 52 week high is $164.94 and 52 week low is $102.53. Apple Inc. also has a dividend yield of 1.57% annually.

Adobe Systems Incorporated
Investors are getting rid of their shares of Adobe Systems Incorporated today. At the close of the day ADBE shares plummeted by $0.56 or -0.36%. It closed at a price of $156.31 per share with above average volume. The pessimism continues into the after market session. In the after market, ADBE is down another $0.75 or -0.48%. ADBE closed negatively in 4 of the last 10 trading days. Today’s loss is a sell off to the stock after yesterday’s gain. In the short term, the trend is bullish and the stock price could increase from the current level in the medium term. Traders should wait for further confirmations to this up leg before buying on the dip here. ADBE is predicted to find support near $153.41 and resistance near $159.33. Adobe Systems Incorporated’s PE ratio is 54.32 and has a market cap of 77.12B. Its 52 week high is $157.89 and 52 week low is $97.87.

Check Point Software Technologies Ltd.
Traders are getting rid of their shares of Check Point Software Technologies Ltd. today. At market close CHKP stock price dropped by $0.35 or -0.31%. It closed at $112.35 with below average volume. CHKP ended the session negatively in 2 of the last 10 trading days. The decline today puts an end to the stock’s 4 days winning streak. In the short term, the trend is bullish and the stock price could accelerate higher from the current level in the medium term. Investors are recommended to wait for further confirmations to this uptrend before buying the stock at this level. CHKP is predicted to find support near $109.94 and resistance near $115. Check Point Software Technologies Ltd.’s PE ratio is 24.95 and has a current market cap of 18.65B. Its 52 week high is $116.63 and 52 week low is $74.34.

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