Trend Analysis Reports on Stocks to Watch Closely: (NASDAQ: EGLE), (NASDAQ: MSFT)
New York, NY -- (SBWIRE) -- 01/07/2013 -- Eagle Bulk Shipping Inc. (NASDAQ: EGLE) traded in the range of $1.84 and $2.68 during its latest trading session. The stock had opened at $1.84 and closed at $2.26, up 25.56 percent from its previous close of $1.80. Despite its up movement, the stock’s MACD chart shows neutral trend and the stock may go up to $2.62 level in the coming session. The stock is also trading above its short term moving average price of $1.89 and long term moving average price of $1.82, which hints at bullish trend. Eagle Bulk Shipping provides transportation of dry cargo.
Microsoft Corporation (NASDAQ: MSFT) stock closed its latest trading session at $26.74, down 1.87 percent from its previous close of $27.25. Its latest trading volume has been recorded at 52.365 million shares, while its average daily trading volume stands at 54.432 million shares. The stock has made down movement and is likely to maintain its bearish stance in the short run and medium run. Microsoft is likely to touch $26.52 level in the coming trading sessions. The company deals in computer software and hardware. Microsoft was established in 1975 and it is headquartered in Washington.
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