Technical Coverage on Specialty Retail Stocks -- Research on Best Buy, GameStop, Chico's FAS, and Ross Stores

LONDON, June 10, 2014 /PRNewswire/ --

On Monday, June 09, 2014, the NASDAQ Composite ended at 4,336.24, up 0.34%, the Dow Jones Industrial Average advanced 0.11%, to finish the day at 16,943.10, and the S&P 500 closed at 1,951.27, up 0.09%. The gains were broad based as six out of ten sectors ended the session in positive. The S&P 500 Consumer Discretionary Sector Index ended the day at 529.71, up 0.08%, with the index also advancing 4.68% in the last one month. Investor-Edge has initiated coverage on the following equities: Best Buy Co. Inc. (NYSE: BBY), GameStop Corp. (NYSE: GME), Chico's FAS Inc. (NYSE: CHS) and Ross Stores Inc. (NASDAQ: ROST). Free technical research on BBY, GME, CHS and ROST can be downloaded upon signing up at:

http://www.investor-edge.com/3618-register

Best Buy Co. Inc.'s stock finished the Monday's session 0.21% lower at $28.97. A total of 2.96 million shares were traded, which was below its three months average volume of 5.81 million shares. The stock moved between $28.92 and $29.23 during the session. Over the last one month and the previous three months, Best Buy Co. Inc.'s shares have surged 11.77% and 12.29%, respectively. However, from the beginning of 2014, the company's stock has declined 27.36%. The stock is trading above its 50-day moving average of $26.15, while the 50-day moving average is below Best Buy Co. Inc.'s 200-day moving average of $32.84. Best Buy Co. Inc.'s stock traded at a PE ratio of 12.08 and has a Relative Strength Index (RSI) of 71.03. Sign up today to read free research on BBY at:

http://www.investor-edge.com/3618-BBY-10Jun2014.pdf

On Monday, shares in GameStop Corp. fluctuated between $36.48 and $37.62 before ending the session 2.04% lower at $36.52. GameStop Corp.'s stock reported a trading volume of 1.92 million shares, below its three months average volume of 3.30 million shares. Shares of the company traded at a PE ratio of 11.55. GameStop Corp.'s shares have declined 1.99% in the previous three trading sessions, 0.11% in the last one month and 25.86% on YTD basis. The stock is trading below its 50-day and 200-day moving averages of $39.21 and $44.41, respectively. Moreover, shares of the company have an RSI of 47.85. Sign up today to read free research on GME at:

http://www.investor-edge.com/3618-GME-10Jun2014.pdf

Chico's FAS Inc.'s stock edged 0.19% lower, to close the day at $15.37. The stock recorded a trading volume of 2.18 million shares, close to its three months average volume of 2.41 million shares. The stock oscillated between $15.35 and $15.71 during the session. Although, Chico's FAS Inc.'s shares have gained 0.39% in the previous three trading sessions, it has declined 3.03% in the last one month and 18.42% on YTD basis. The company's shares are trading below their 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $16.82 is greater than its 50-day moving average of $15.84. Additionally, the stock traded at a PE ratio of 19.22 and has an RSI of 45.89. Sign up today to read free research on CHS at:

http://www.investor-edge.com/3618-CHS-10Jun2014.pdf

On Monday, shares in Ross Stores Inc. recorded a trading volume of 1.37 million shares, lower than its three months average volume of 1.66 million shares. The stock ended the day at $68.72, which was 0.52% below its previous day's closing of $69.08, and registered an intraday range of $68.65 and $69.90. Shares of the company traded at a PE ratio of 17.40. Over the last one month and since start of this year, Ross Stores Inc.'s shares have lost 0.62% and 8.29%, respectively. However, the company's stock has edged 0.15% higher in the previous three trading sessions. The company's stock is trading below its 50-day and 200-day moving averages of $69.31 and $71.74, respectively. Furthermore, shares of the company have an RSI of 53.28. Sign up today to read free research on ROST at:

http://www.investor-edge.com/3618-ROST-10Jun2014.pdf


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