LONDON, March 21, 2013 /PRNewswire/ --
Despite ongoing Cyprus crisis, the markets received positive fillip after Fed's announcement to continue with the stimulus package. The Housing sector also showed improvement as Lennar Corp. announced strong results. Overall, market sentiments remained bullish after three continuous declining sessions. On the back of strong corporate results and FED actions, markets are expected to keep performing well and provide good returns. Our researchers took a look at the Services sector, focusing more on the Movie Production, Theaters industry and they followed the trends in major companies including DreamWorks Animation SKG Inc. (NASDAQ: DWA), Lions Gate Entertainment Corp (NYSE: LGF), Regal Entertainment Group (NYSE: RGC) and Cinemark Holdings Inc. (NYSE: CNK). StockCall analysts initiated preliminary technical research on DWA, LGF, RGC, and CNK. These free reports are accessible by signing today at
DreamWorks Animation SKG Inc. grew marginally in its Wednesday's trading session. The stock closed 0.59 percent higher at $18.90 with below average volume of 1.037 million shares, showing mildly bullish trend. The company has its first support level at $17.96. Upon breaching this level, its next support level is at $17.63. The company's 52 weeks high price point stands at $22.98 while it touched the lowest point at $15.90. The company commands market capitalization of $1.60 billion. DreamWorks is also trading above its short-term and long-term average price, further confirming its bullish trend. The free technical analysis on DWA is available by signing up at
Lions Gate Entertainment Corp. ended its latest trading session at $22.75, up 1.74 percent from its previous close. With its latest upward movement, the stock is now up 43.62 percent on a YTD basis, while its 52 weeks gain stands at 72.22 percent. Lions Gate's stocks oscillated in the range of $22.47 and $22.81 during the session. It traded 721,411 shares and shows a bullish trend. The stock may touch $22.95 in the coming sessions. Upon breaching this level, its next resistance level is at $23.08. Register now to download the free research on LGF at
Regal Entertainment Group inched up with below average volume to end its latest session at $16.38. The stock ended 2.12 percent higher than its previous close. Its volume for the day stood at 782,847 shares. The stock is currently trading higher than its 20-day SMA of $16.35 and 50-day SMA of $16.31, showing a bullish trend. Its first resistance level is at $16.65 while it may tumble down to $16.30 before receiving any support. The company's stock is up 19.3 percent on a YTD basis, and it offers a 5.13 percent dividend yield. Free report on RGC can be accessed by registering at
Cinemark Holdings Inc. extended its 52 weeks gain by closing 2.65 percent higher. The stock ended its Wednesday session at $28.62, while its highest price point for the session stood at $28.69. It traded 468,622 shares, down from its average daily volume of 819,050 shares. The company traded in the range of $20.99 and $29.68 in the past 52 weeks and currently it is trading near its high price point. The company commands market capitalization of $3.29 billion and it reported its latest EPS at $1.47. The stock grew more than 31 percent in the past 52 weeks. Register with StockCall and download the research on CNK for free at
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