Morning Coverage of Equities Reaching New Highs -- Research on InterMune, Zillow, ICICI Bank, and Zendesk - WNEM TV 5

Morning Coverage of Equities Reaching New Highs -- Research on InterMune, Zillow, ICICI Bank, and Zendesk

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SOURCE Investor-Edge

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LONDON, May 20, 2014 /PRNewswire/ --

The U.S. markets on Monday, May 19, 2014 ended on a positive note as the Dow Jones Industrial Average finished at 16,511.86, up 0.12% and the NASDAQ Composite closed at 4,125.82, up 0.86%. The S&P 500 finished the session 0.38% higher at 1,885.08. During the trading session, seven out of ten sectors finished on a higher note. Investor-Edge looks at some of the equities that hit a new 52-week high during the last session. These include InterMune Inc. (NASDAQ: ITMN), Zillow Inc. (NASDAQ: Z), ICICI Bank Ltd (NYSE: IBN) and Zendesk Inc. (NYSE: ZEN). Free technical research on ITMN, Z, IBN and ZEN can be downloaded upon signing up at:

http://www.investor-edge.com/2754-register

InterMune Inc.'s stock ended the day at $38.92, up 13.44%, hitting a new 52-week high of $39.90. A total of 12.25 million shares were traded, which was much above its three months average volume of 3.57 million shares. The stock vacillated between $35.85 and $39.90 during the session. Over the last one month and the previous three months, InterMune Inc.'s shares have surged 37.58% and 187.02%, respectively. Moreover, since the beginning of the year, the company's stock has gained an upside of 164.22%. The S&P 500 Health Care Sector Index mapped a gain of 0.64% during the session and the index has advanced 2.68% in the last one month. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $32.28 is greater than its 200-day moving average of $19.61. InterMune Inc.'s stock has a Relative Strength Index (RSI) of 56.05. Sign up today to read free research on ITMN at:

http://www.investor-edge.com/2754-ITMN-20May2014.pdf

On Monday, Zillow Inc.'s stock oscillated between $106.07 and $112.39, hitting a new 52-week high of $112.39. Shares in the company gained 3.48% to end the session at $110.53. The company's stock reported a trading volume of 3.32 million shares, above its three months average volume of 1.99 million shares. Zillow Inc.'s shares have surged 11.99% in the previous three trading sessions, 15.44% in the last one month, and 35.24% on YTD basis. The S&P 500 Information Technology Sector Index registered a gain of 0.83% during the session and the index has advanced 2.29% in the last one month. Zillow Inc.'s stock is trading above its 50-day and 200-day moving averages of $94.68 and $86.76, respectively. Moreover, shares of the company have an RSI of 58.60. Sign up today to read free research on Z at:

http://www.investor-edge.com/2754-Z-20May2014.pdf

Shares in ICICI Bank Ltd edged 0.06% lower on Monday, finishing the day at $50.98, after hitting a new 52-week high of $51.26. The stock recorded a trading volume of 3.28 million shares, above its three months average volume of 2.22 million shares. The stock oscillated between $50.35 and $51.26 during the trading session. Over the last three trading sessions and past one month, ICICI Bank Ltd's shares have gained 6.34% and 14.51%, respectively. Further, the stock has surged 37.15% since the start of this year. The S&P 500 Financials Sector Index recorded a gain of 0.56% during the session, while the index has fallen by 0.08% in the last one month. The stock is trading above its 50-day and 200-day moving averages. ICICI Bank Ltd's 50-day moving average of $43.63 is above its 200-day moving average of $36.12. Additionally, the stock has an RSI of 69.90. Sign up today to read free research on IBN at:

http://www.investor-edge.com/2754-IBN-20May2014.pdf

On Monday, Zendesk Inc.'s stock rallied 8.20%, closing the day at $16.50, hitting a new 52-week high of $17.94. The stock recorded a trading volume of 1.53 million shares during the trading session. Zendesk Inc.'s shares have rallied 83.33% in the previous three trading sessions. The S&P 500 Information Technology Sector Index has gained 0.67% during the previous three trading sessions and the index has advanced 1.94% in the previous three months. Sign up today to read free research on ZEN at:

http://www.investor-edge.com/2754-ZEN-20May2014.pdf


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EDITOR'S NOTES:
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1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.

2. Information in this release is produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.

3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.

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