Dow Jones ended on a positive note on Monday with top performer as the JPMorgan Chase & Co (NYSE:JPM) which gained 3.65 percent in yesterday’s session to close at $33.51 with traded volume of 52.18 million shares. The share price moved 4.82 percent above its 50-days simple moving average after yesterday’s surge.
Bank of America Corp (NYSE:BAC) jumped 2.66 percent to close at $5.79 in yesterday’s session. The traded volume stood at 292.69 million shares as compared to its average traded volume figure of 271.31 million shares per day. The share price was still 5.78 percent below its 50-days simple moving average despite the yesterday’s gain. Bank of America seems to have considerable margin for upward movement as per its relative strength index of 49.39 which is much closer to its oversold level.
E.I. du Pont de Nemours & Company (NYSE:DD) gained 2.04 percent to close at $47.98 with traded volume of 7.09 million shares. Du Pont on average trades with volume figure of 8.49 million shares per day. The share price was 6.93 percent above its 50-days simple moving average and is trading near its overbought level as per its relative strength index of 58.96.Previous Post » Pep Boy Reports Increase in its Earnings