StockCall.com Provides Stock Research on Rite Aid Corp., Walgreen Co., CVS Caremark Corp., and GNC Holdings Inc.
New York City, New York -- (May 06, 2013)
The equity markets closed their previous trading week with a bang and all major indices remained in green territory. Better-than-expected employment growth rate provided a positive impetus for stocks. The Feds is also likely to continue its stimulus program, sending a wave of relief throughout the markets. The services sector remained range-bound as our research team tracked major stocks like Rite Aid Corporation (NYSE: RAD), Walgreen Company (NYSE: WAG), CVS Caremark Corporation (NYSE: CVS) and GNC Holdings Inc. (NYSE: GNC). StockCall reviewed the Drug Stores industry and chose RAD, WAG, CVS, and GNC for its technical coverage. These free reports can be seen for free at
Rite Aid Corporation made a downward movement with a 0.77 percent decline in its latest trading session. The company’s stock ended at $2.57 and its highest price point for the session stood at $2.65 which is close to its 52-week high of $2.68. In the past 12 months, the stock has gained 72.48 percent while its YTD gain stands at 84.89 percent. Rite Aid trades at beta of 2.52 which implies high volatility. It traded 11.85 million shares during Friday’s session in comparison to its regular daily volume of 23.73 million shares. The stock is currently trading above its short-term and long-term moving average price of $2.35 and $2.00 respectively. Download the free research on RAD by signing up now at
Walgreen Company closed its Friday’s session at $48.02, down 1.76 percent from its previous close. The stock traded in the range of $47.82 and $48.49 in its last trading session on volume of 8.96 million shares. It is likely to face a first resistance level at $48.36, and upon breaching this level the stock may go up to $50.00. On the downside, Walgreen may tumble to $46.09 level. The stock is mildly volatile as it sports the beta of 1.08. So far in 2013, it climbed 31.42 percent, whereas in the past 52 weeks it gained 42.7 percent of its value. The stock is in a bullish mode, and it traded in the range of $28.53 and $50.35 in the past 52 weeks. Register for today’s free analysis on WAG at
CVS Caremark Corporation’s stock trimmed its YTD returns with 0.53 percent loss in Friday’s trading session. The stock traded in the range of $58.50 and $59.37 and closed at $58.64. However, it traded lower-than-average number of shares at 4.17 million. The stock is in a bullish mode and is likely to maintain its trend in the coming sessions. Its first resistance level is at $59.55, and it may test the support level of $58.14 in the coming sessions. The company commands market capitalization of $71.80 billion. Free report on CVS can be accessed by registering at
GNC Holdings Inc. is currently trading above its 20-day and 50-day moving average price of $45.30 and $45.22 respectively, and it is in a bullish mode. It ended its latest trading session 0.18 percent lower at $45.39 after touching a 52-week high. GNC Holdings exchanged 1.19 million shares during Friday’s session. The stock has outperformed the broader markets and has gained 39.23 percent so far this year. It is likely to go up to $47.08 in the coming sessions. Its second resistance level is at $47.25.Register withStockCall and download the research on GNC for free at
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William T. Knight
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