Technical Commentary on Consumer Discretionary Equities -- Research on Sony, Skullcandy, TripAdvisor, and Shutterfly

LONDON, June 3, 2014 /PRNewswire/ --

On Monday, June 02, 2014, the NASDAQ Composite ended at 4,237.20, down 0.13%, the Dow Jones Industrial Average finished the session at 16,743.63, up 0.16% and the S&P 500 closed at 1,924.97, up 0.07%. During the trading session, six out of ten sectors finished on a higher note. The S&P 500 Consumer Discretionary Sector Index ended the day 0.32% higher at 521.58, while the index has fallen by 1.37% in the previous three months. Investor-Edge has initiated coverage on the following equities: Sony Corp. (NYSE: SNE), Skullcandy Inc. (NASDAQ: SKUL), TripAdvisor Inc. (NASDAQ: TRIP) and Shutterfly Inc. (NASDAQ: SFLY). Free technical research on SNE, SKUL, TRIP and SFLY can be downloaded upon signing up at:

http://www.investor-edge.com/3349-register

Sony Corp.'s stock gained 0.68% on Monday, closing the session at $16.29. A total of 1.25 million shares were traded, below its three months average volume of 2.12 million shares. The stock moved between $16.22 and $16.33 during the session. However, shares in Sony Corp. have declined 0.24% in the previous three trading sessions, 7.60% in the last one month and 5.78% from the beginning of 2014. The company's shares are trading below their 50-day and 200-day moving averages. The stock's 50-day moving average of $17.78 is below its 200-day moving average of $18.33. Moreover, Sony Corp.'s stock has a Relative Strength Index (RSI) of 35.68. Sign up today to read free research on SNE at:

http://www.investor-edge.com/3349-SNE-03Jun2014.pdf

Shares in Skullcandy Inc. fluctuated between $7.18 and $7.51 before ending Monday's session 1.21% higher at $7.50. The company's stock reported a trading volume of 0.44 million shares, which was below its three months average volume of 0.76 million shares. Over the previous three trading sessions and on YTD basis, shares in Skullcandy Inc. have gained 0.27% and 4.02%, respectively. However, the company's stock has declined 6.60% in the last one month. Skullcandy Inc.'s stock is trading below its 50-day moving average. The stock's 50-day moving average of $8.20 is above its 200-day moving average of $7.05. Further, the company's shares traded at a PE ratio of 123.11 and have an RSI of 44.37. Sign up today to read free research on SKUL at:

http://www.investor-edge.com/3349-SKUL-03Jun2014.pdf

On Monday, shares in TripAdvisor Inc. recorded a trading volume of 1.67 million shares, which was below its three months average volume of 2.48 million shares. The stock finished the day at $97.77, which was 0.62% higher its previous day's closing of $97.17, and registered an intraday range of $97.26 and $100.00. Shares of the company traded at a PE ratio of 67.20. TripAdvisor Inc.'s stock has gained 2.71% in the previous three trading sessions and 18.37% in the last one month. Moreover, the company's shares have advanced 18.04% on YTD basis. The company's stock is trading above its 50-day and 200-day moving averages of $87.54 and $84.14, respectively. Moreover, the company's stock has an RSI of 65.39. Sign up today to read free research on TRIP at:

http://www.investor-edge.com/3349-TRIP-03Jun2014.pdf

Shutterfly Inc.'s stock declined 1.12% on Monday, closing the day at $40.68. The stock recorded a trading volume of 0.38 million shares, which was below its three months average volume of 1.10 million shares. The company's stock oscillated between $40.25 and $41.12 during the session. Shutterfly Inc.'s stock has advanced 4.71% in the last one month, while it has lost 1.98% in the previous three trading sessions and 20.13% since the start of this year. Shutterfly Inc.'s shares are trading below their 50-day and 200-day moving averages of $40.91 and $48.24, respectively. Additionally, the company's stock has an RSI of 55.14. Sign up today to read free research on SFLY at:

http://www.investor-edge.com/3349-SFLY-03Jun2014.pdf

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