Technical Analysis on Equities Reaching New Highs -- Research on Tata Motors, Brookfield Asset Management, Canadian National Railway, and Royal Dutch Shell

LONDON, May 9, 2014 /PRNewswire/ --

The U.S. markets on Thursday, May 8, 2014 ended on a mixed note as the Dow Jones Industrial Average finished at 16,550.97, up 0.20% and the NASDAQ Composite closed at 4,051.50, down 0.40%. The S&P 500 finished the session 0.14% lower at 1,875.63. During the trading session, five 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 Tata Motors Ltd (NYSE: TTM), Brookfield Asset Management Inc. (NYSE: BAM), Canadian National Railway Company (NYSE: CNI) and Royal Dutch Shell PLC (NYSE: RDS-B). Free technical research on TTM, BAM, CNI and RDS-B can be downloaded upon signing up at:

http://www.investor-edge.com/2326-register

Tata Motors Ltd's stock ended the day at $38.28, up 0.42%, hitting a new 52-week high of $39.04. A total of 1.92 million shares were traded, which was above its three months average volume of 1.37 million shares. The stock vacillated between $38.02 and $39.04 during the session. Over the last one month and the previous three months, the company's shares have advanced 4.02% and 32.05%, respectively. Moreover, since the beginning of the year, the stock has gained an upside of 24.29%. The S&P 500 Consumer Discretionary Sector Index mapped a gain of 0.24% during the session, while the index has fallen by 0.89% 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 $35.67 is greater than its 200-day moving average of $30.35. Tata Motors Ltd's stock has a Relative Strength Index (RSI) of 63.25. Sign up today to read free research on TTM at:

http://www.investor-edge.com/2326-TTM-09May2014.pdf

On Thursday, shares in Brookfield Asset Management Inc. oscillated between $42.41 and $43.00, hitting a new 52-week high of $43.00. Shares in the company gained 1.66% to end the session at $42.95. The company's stock reported a trading volume of 0.54 million shares, close to its three months average volume of 0.59 million shares. Shares of the company traded at a PE ratio of 12.56. Brookfield Asset Management Inc.'s shares have advanced 2.46% in the previous three trading sessions, 3.44% in the last one month, and 10.61% on YTD basis. The S&P 500 Financials Sector Index registered a gain of 0.24% during the session and the index has edged 0.23% higher in the last one month. Brookfield Asset Management Inc.'s stock is trading above its 50-day and 200-day moving averages of $40.87 and $38.64, respectively. Moreover, shares of the company have an RSI of 61.45. Sign up today to read free research on BAM at:

http://www.investor-edge.com/2326-BAM-09May2014.pdf

Shares in Canadian National Railway Co. advanced 0.99% on Thursday, finishing the day at $59.21, hitting a new 52-week high of $59.52. The stock recorded a trading volume of 0.95 million shares, above its three months average volume of 0.87 million shares. The stock oscillated between $58.74 and $59.52 during the trading session. Over the last three trading sessions and past one month, Canadian National Railway Co.'s shares have gained 1.88% and 5.64%, respectively. Further, the stock has advanced 3.84% since the start of this year. The S&P 500 Industrials Sector Index recorded a loss of 0.03% during the session, while the index has gained 2.24% in the last one month. The stock is trading above its 50-day and 200-day moving averages. Canadian National Railway Co.'s 50-day moving average of $56.52 is above its 200-day moving average of $53.86. Additionally, the stock has an RSI of 64.89. Sign up today to read free research on CNI at:

http://www.investor-edge.com/2326-CNI-09May2014.pdf

On Thursday, shares in Royal Dutch Shell PLC edged 0.39% higher, closing the day at $86.71, hitting a new 52-week high of $87.10. The stock recorded a trading volume of 0.68 million shares, below its three month average volume of 0.73 million shares. Royal Dutch Shell PLC's shares have gained 1.77% in the previous three trading sessions, 10.19% in the last one month, and 15.44% on YTD basis. The S&P 500 Energy Sector Index has lost 1.28% during the session, while the index has gained 4.68% in the last one month. Royal Dutch Shell PLC's stock is trading above its 50-day and 200-day moving averages of $79.06 and $72.87, respectively. Furthermore, shares of the company have an RSI of 85.49. Sign up today to read free research on RDS-B at:

http://www.investor-edge.com/2326-RDS-B-09May2014.pdf

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