Technical Briefing on Discretionary Stocks Before the Bell
LONDON, UK / ACCESSWIRE / May 26, 2016 / ActiveWallSt.com announces the list of stocks featured in the Technical Morning Blog. Every morning the Active Wall St. team discusses the latest news and technical events impacting stocks and the financial markets. Companies recently featured in the blog include Diamond Resorts Intl., Pinnacle Entertainment, Caesars Entertainment, and Penn National Gaming.
Today, ActiveWallSt.com is promoting its technical alert briefings. Get all of our alerts free by signing up to http://www.activewallst.com/.
The Resorts and Casinos industry has been benefitting from an upswing discretionary spending trend since the beginning of the year. Let us see how the lackluster growth prospect within this space is affecting some of the big names in the industry. Sign up today to access the alerts on these equities by clicking below:
Following yesterday’s close, ActiveWallSt.com takes initiated a technical snapshot review on each of the companies mentioned above to assess their performance over the last few trading sessions.
Diamond Resorts International Inc. (NYSE: DRII)
Diamond Resorts International Inc. operates in the hospitality and vacation ownership industry. The Company’s stock finished Wednesday’s session at $22.84, gaining 3.30%. A total volume of 1.06 million shares was traded. Over the last month, the Company’s shares have advanced 7.23%. The stock is trading above its 50-day moving average by 4.12%. Moreover, shares of Diamond Resorts International traded at a PE ratio of 10.71 and have a Relative Strength Index (RSI) of 60.03. On May 05th, 2016, research firm MKM Partners reiterated its ‘Buy’ rating with a decrease of the target price to $26 a share from $27 a share for the Company’s stock.
Pinnacle Entertainment Inc. (NASDAQ: PNK)
Shares in Pinnacle Entertainment Inc. ended yesterday’s session 1.24% higher at $10.63 and with a total volume of 496,682 shares traded. The stock is trading 2.13% below its 50-day moving average. The Company’s shares traded at a PE ratio of 13.81. On May 11th, 2016, research firm Telsey Advisory Group upgraded the Company’s stock rating from ‘Market perform’ to ‘OutPerform’.
Caesars Entertainment Corp. (NASDAQ: CZR)
On Wednesday, casino-entertainment and hospitality services provider, Caesars Entertainment Corp.’s stock climbed 0.86%, to close the day at $7.07. A total volume of 403,643 shares was traded. The Company’s shares are trading 2.96% above their 50-day moving average. Additionally, shares of Caesars Entertainment traded at a PE ratio of 0.17 and have an RSI of 52.68.
Penn National Gaming Inc. (NASDAQ: PENN)
Shares in Penn National Gaming Inc., which owns and manages gaming and racing facilities, ended the day 0.67% higher at $14.96. A total volume of 1.05 million shares was traded, which was above their three months average volume of 812,440 shares. The stock has gained 10.65% in the previous three months. The Company’s shares are trading below their 50-day moving average by 6.68%. Furthermore, shares of Penn National Gaming have an RSI of 37.50. Trade alert on PENN is available for free at:
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