The Coca-Cola Company (NYSE:KO) jumped 1.98 percent yesterday to close at $68.40 with traded volume of 14.03 million shares. The share price maintains the average traded volume of 7.63 million shares per day. The share price moved 2.21 percent above its 50-days simple moving average while its relative strength index of 54.16 times shows that the share price has considerable margin for capital gains.
General Electric Company (NYSE:GE) soared 1.51 percent to close at $17.47 with traded volume of 85.71 million shares. Its average traded volume stands at 50.75 million shares per day. The share price was still 6.11 percent below its 50-days simple moving average and has considerable margin for upward movement as per its relative strength index of 35.96.
Verizon Communications Inc (NYSE:VZ) gained 1.35 percent in yesterday’s trading session to close at $35.87. Traded volume stood at 19.39 million shares as compared to its average volume figure of 14.13 million shares per day. The share price was still 0.34 percent down its 50-days simple moving average. The relative strength index of 47.25 depicts that the share price has enough margin for further upward movement.
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