New York, NY -- (ReleaseWire) -- 02/26/2013 --Rite Aid Corporation (NYSE: RAD) stock is at $1.60, up 1.91 percent from its previous close of $1.57. The stock opened the session at $1.58 and touched its highest price point at $1.62. Rite Aid Corporation stock’s lowest price point for the session stood at $1.57. The stock is currently below its 6-days EMA of $1.61 and its 20 days EMA of $1.60, thus showing mildly bearish trend. However, its MACD chart shows bullish trend and the stock is likely to make up movement in coming trading sessions.
Rite Aid Corporation has its first resistance level at $1.65. The company announced completion of its debt refinancing activities.
Find out more on RAD here: http://www.wallstreetreport.net/market-scan/?symbol=RAD
Applied Materials Inc. (NASDAQ: AMAT) shows bullish trend as the stock made a sharp movement in its latest trading session. It opened the session at $13.50 and remained in $13.37 and $13.59 price range during the session. The stock is 2.15 percent higher at $13.52. Applied Materials’ first support level is at $13.45. Upon breaching this level, the stock may go as low as $13.30. On the upside, its first resistance level is at $13.65. The stock has traded 14.038 million shares so far.
Applied Materials develops equipment and software for the semiconductor. The company is based out of California.
Find out where AMAT could be headed by getting the free and full trend analysis report here: http://www.wallstreetreport.net/market-scan/?symbol=AMAT
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