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LONDON, March 6, 2013 /PRNewswire/ --
Services sector followed the lead of the broader market and continued its upward movement. The Dow Jones closed at a new life-time high and advertising stocks also inched up higher. The Dow Jones ended its latest session at 14,253.77, up 0.89 percent while NASDAQ was up 1.32 percent to close at 3,224.13. Similarly, S&P also closed on a positive note at 1,539.79, up 0.96 percent. Our research team took a look at the Services sector, more precisely the Advertising Agencies industry which includes major companies like Interpublic Group of Companies Inc. (NYSE: IPG), Focus Media Holding Limited (NASDAQ: FMCN), Lamar Advertising Co. (NASDAQ: LAMR) and Omnicom Group Inc. (NYSE: OMC). StockCall has issued technical analysis and charting reports on IPG, FMCN, LAMR, and OMC. Download these free reports now at
Interpublic Group of Companies Inc. is currently in a bullish mode as the stock ended its previous trading session at $12.94, up 0.86 percent. The stock traded in the range of $12.85 and $13.03 during yesterday's session. Its first support level is at $12.80 and upon breaching this level, the stock may go down to $12.63 level. On the upside, the company's stock may touch $12.99 level. The stock has traded in the range of $9.04 and $13.03 in the past 52 weeks and it grew by 11.84 percent during the same time period. On a year-to-day basis, the stock is up 17.42 percent. Download the free research on IPG today by registering at
Focus Media Holding Limited shares were up for its latest trading session on Tuesday, ending the day 0.20 percent higher at $25.20. The stock fell to an intra-day low of $25.04, while its intra-day high stood at $25.27. Despite the upward movement, Focus Media has lost more than a percent this year, compared to a gain of 7.97 percent for the S&P 500. The company's shares have strong support at around $24.78, as the stock shows a neutral trend. The stock is trading higher than its 20-day and 50-day moving averages. Sign up and have access to our free report on FMCN at
Lamar Advertising Co. traded in the range of $46.09 and $46.91 on Tuesday and ended the session at $46.34, up 0.46 percent. The stock's 52 weeks range stands at $23.37 and $47.34. Lamar Advertising has gained 42.54 percent of its value in the past 12 months, while it gained 19.59 percent so far this year. The company is in a bullish mode and may find its first support level at $45.64. It is trading above its 20-day moving average of $44.41. Sign up and read the complimentary report on LAMR at
Shares of Omnicom Group Inc. edged lower in its latest trading session, in contrast to the broad market. The stock closed 0.07 percent lower at $57.84 on above average volume of 2.03 million on Tuesday. Omnicom's shares have gained more than 15 percent this year, outperforming the broad market. It has support at $57.47. Despite the downward movement, the company's shares are still trading above their 50-day and 200-day moving averages. The stock's MACD is also trading above the signal line and the zero-line. Both of these are bullish signals. The free report on OMC can be downloaded by signing up now at
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