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LONDON, February 28, 2013 /PRNewswire/ --
Stock market is in indecisive mode as the economic scenario looks hazy on account of ongoing 'Sequestration' debate. The stocks are moving sideways, in absence of a catalyst. The Dow Jones closed 1.26% higher at 14,075.37, the S&P 500 closed 1.27% higher at 1,515.99, and the NASDAQ closed 1.04% higher at 3,162.26. However, Silver prices declined 0.99% for the day to close at $28.97, while oil prices struggle to see gains yesterday even as news of an improving economy continues to pour in. Our research team took a look at silver and metal stocks including major companies like Pan American Silver Corp. (NASDAQ: PAAS), Silvercorp Metals Inc. (NYSE: SVM), Silver Standard Resources Inc. (NASDAQ: SSRI), Energy Transfer Partners LP (NYSE: ETP), and Williams Companies Inc. (NYSE: WMB). StockCall has taken an interest in these companies and you can now sign up to download the free technical research on PAAS, SVM, SSRI, WMB and ETP at http://www.stockcall.com/registration
Pan American Silver is currently in the neutral mode as the stock ended its previous trading session at $16.95, down 1.51 percent. The stock traded in the range of $16.80 and $17.19 during the session. Its first support level is at $15.57 and upon breaching this level, the stock may go down to $15.25 level. On the upside, the stock may touch $17.04 level. Pan American Silver's stock has traded in the range of $13.49 and $27.11 in the past 52 weeks and it depreciated by 33 percent during the same time period. On a Year-to-Date basis, the stock is down 9.5 percent. Sign up today to read the free research report on PAAS at http://www.StockCall.com/PAAS022813.pdf
Silvercorp Metals shares crashed down in its latest trading session, ending the day 7.86 percent lower at $3.75. The stock fell to an intra-day low of $3.73, while its intra-day high stood at $4.04. With this down move, Silvercorp Metals shares have lost more than 26 percent this year, compared to a gain of 6.3 percent for the S&P 500. The stock is still in bearish mode after hitting its 52-week low of $3.60 recently. The silver company shares have strong support at around $3.64, as the stock shows bearish trend. The stock is trading lower than its 20-day and 50-day moving averages. Register to download the free technical analysis on SVM at http://www.StockCall.com/SVM022813.pdf
Silver Standard Resources traded in the range of $10.54 and $10.77 in its latest trading session and ended it at $10.64, down 1.57 percent. The stock's 52 weeks range stands at $10.06 and $18.34. Silver Standard Resources has lost 36 percent of its value in the past 12 months, while it declined 28 percent so far this year. The company is in bearish mode and may find its first support level at $10.22. It is trading below its 20-day moving average of $11.36. Free report on SSRI can be accessed by registering at http://www.StockCall.com/SSRI022813.pdf
Shares of Williams Companies ended its previous trading session marginally higher at $34.35, up 1.66 percent. The stock gained more than 4.5% this year, lagging slightly behind the broad market indices. The stock has slipped from $35 resistance level. It has support at around $33.96 at the moment. With its upward movement, Williams Companies shares are trading above their 6-day moving average price of $34.26. Register with StockCall and download the research on WMB for free at http://www.StockCall.com/WMB022813.pdf
Energy Transfer Partners stock is in a bullish mode and is trading above its 20-day EMA of $46.85. It ended its latest trading session 1.74 percent higher at $48.03 and oscillated in the range of $47.12 and $48.30 during the session. The stock trades at Price/Earnings ratio of 9.34. Energy Transfer Partners is expected to face its first resistance level at $48.50. Read the full free research on ETP by signing up to StockCall at http://www.StockCall.com/ETP022813.pdf
StockCall.com is a financial website where investors can have easy, precise and comprehensive research and opinions on stocks making the headlines. Sign up today to talk to our financial analyst at http://www.stockcall.com
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