Technical Updates on Services Sector Stocks -- Office Depot, Starbucks, Aramark, Teekay Tankers, and Dick's Sporting Goods

NEW YORK, September 21, 2015 /PRNewswire/ --

Equity Research Institute has initiated coverage on the following equities: Office Depot Inc. (NASDAQ: ODP), Starbucks Corporation (NASDAQ: SBUX), Aramark (NYSE: ARMK), Teekay Tankers Ltd (NYSE: TNK), and Dick's Sporting Goods Inc. (NYSE: DKS). Free research report on Office Depot can be accessed at https://www.erionline.net/ODP.pdf On Friday, September 18, 2015, the NASDAQ Composite ended at 4,827.23, down 1.36%, the Dow Jones Industrial Average declined 1.74%, to finish the day at 16,384.79, and the S&P 500 closed at 1,958.03, down 1.62%. The losses were broad based as eight out of nine sectors ended the session in negative. Register for your complimentary reports at the links given below.  

Office Depot Inc.'s stock finished Friday's session 0.67% higher at $7.54. A total of 12.03 million shares were traded, which was above its three months average volume of 10.14 million shares. Over the last one month and the previous three months, Office Depot Inc.'s shares have lost 0.26% and 17.05%, respectively. Additionally, the stock has declined 12.02% since the beginning of 2015. The company's shares are trading below their 50-day and 200-day moving averages by 3.66% and 12.34%, respectively. Office Depot Inc.'s stock has a Relative Strength Index (RSI) of 47.16. Sign up and read the free notes on ODP at:

https://www.erionline.net/ODP.pdf

On Friday, shares in Starbucks Corp. ended the session 0.77% lower at $56.84. The stock reported a trading volume of 16.25 million shares, above its three months average volume of 8.85 million shares. Shares of the company traded at a PE ratio of 32.11. Although, Starbucks Corp.'s shares have declined 1.30% in the last one month, it has advanced 5.69% in the previous three months and 39.88% on YTD basis. The company is trading 1.55% above its 50-day moving average and 15.75% above its 200-day moving average. Moreover, shares of Starbucks Corp. have an RSI of 55.32. The complimentary notes on SBUX can be downloaded in PDF format at:

https://www.erionline.net/SBUX.pdf

Aramark's stock edged 0.72% lower, to close the day at $31.67. The stock recorded a trading volume of 1.50 million shares, below its three months average volume of 1.98 million shares. Over the past three months and since the start of this year, Aramark's shares have gained 0.27% and 2.51%, respectively. However, the stock has lost 5.43% in the last one month. The company's shares are trading 1.32% above their 200-day moving average. Additionally, Aramark traded at a PE ratio of 34.80 and has an RSI of 50.08. Register for free on Equity Research Institute and access the latest research on ARMK at:

https://www.erionline.net/ARMK.pdf

On Friday, shares in Teekay Tankers Ltd recorded a trading volume of 2.59 million shares, higher than their three months average volume of 1.83 million shares. The stock ended the day 0.72% higher at $6.97. Shares of the company traded at a PE ratio of 6.90. Although, Teekay Tankers Ltd's stock has lost 9.08% in the previous three months, it has advanced 11.16% in the last one month and 39.67% on YTD basis. The company is trading above its 50-day and 200-day moving averages by 3.76% and 12.75%, respectively. Furthermore, shares of Teekay Tankers Ltd have an RSI of 60.75. The complete research on TNK is available for free at:

https://www.erionline.net/TNK.pdf

Dick's Sporting Goods Inc.'s stock lost 2.67%, to close Friday's session at $49.98. The stock recorded a trading volume of 2.04 million shares, above its three months average volume of 1.40 million shares. Over the last one month and the previous three months, Dick's Sporting Goods Inc.'s shares have fallen by 6.17% and 5.19%, respectively. However, the stock has gained 1.44% since the start of this year. The company is trading 0.97% and 5.48% below its 50-day and 200-day moving averages, respectively. Furthermore, Dick's Sporting Goods Inc.'s stock traded at a PE ratio of 16.60 and has an RSI of 47.70. Free in-depth research on DKS is available at:

https://www.erionline.net/DKS.pdf

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