Technical Study: The Bank of New York Mellon Corp., Apollo Investment Corp., The Progressive Corp., and Deutsche Bank AG

LONDON, September 11, 2013 /PRNewswire/ --

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The U.S. equity market posted significant gains on Tuesday, September 10, 2013. All three benchmark indexes ended on a high note, with the Dow Jones finishing the day 0.85% higher, while the S&P 500 and the NASDAQ Composite gained 0.73% and 0.62%, respectively. Shares in the financial sector also ended on a higher note, tracking gains in the broader market. The major movers in the sector included The Bank of New York Mellon Corporation (NYSE: BK), Apollo Investment Corporation (NASDAQ: AINV), The Progressive Corporation (NYSE: PGR), and Deutsche Bank AG (NYSE: DB). AAAResearchReports.com free coverage on BK, AINV, PGR, and DB is available upon registration at:

http://www.aaaresearchreports.com/register/  

Shares in The Bank of New York Mellon Corp. rose sharply on Tuesday, extending its gains from the previous trading session. The company's shares oscillated between $31.05 and $31.37 before ending the day at $31.28, which is 1.59% higher than the previous day's price of $30.79. A total of 3.83 million shares were traded, which is below the daily average volume of 5.17 million. The company's stock has gained 2.02% in the previous three trading sessions and 3.71% in the last three months, outperforming the S&P 500 which has gained 1.75% and 2.51% during the respective periods. Moreover, The Bank of New York Mellon Corp.'s stock is trading above its 50-day and 200-day moving averages and has moved closer to its 52-week high of $32.36. Download free technical research on BK by signing up at:

http://www.AAAResearchReports.com/BK091113.pdf  

Apollo Investment Corp.'s stock rose sharply on Tuesday, as the broader market edged higher. The company's shares oscillated between $8.29 and $8.42 before ending the day at an intra- day high of $8.42, which is 1.69% higher than the previous day's price of $8.28. A total of 2.45 million shares were traded, which is above the daily average volume of 1.90 million. The company's stock has gained 6.18% in the last three trading sessions and 4.34% in the last one month, outperforming the S&P 500 which has gained 1.75% and has lost 0.44% during the respective periods. Moreover, Apollo Investment Corp.'s stock is trading above its 50-day and 200-day moving averages and has moved closer to its 52-week high of $9.08. Register now and get access to free analysis on AINV at:

http://www.AAAResearchReports.com/AINV091113.pdf

The Progressive Corp.'s shares edged slightly higher on Tuesday, tracking gains in the broader market. The company's shares closed at $25.98, up 0.27%, after oscillating between $25.80 and $26.10. A total of 2.06 million shares were traded, which is below the daily average volume of 2.89 million. The company's shares have gained 2.36% in the last three trading sessions and 4.84% in the last three months, outperforming the S&P 500 which has gained 1.75% and 2.51% during the respective periods. Further, The Progressive Corp.'s stock is trading above its 50-day and 200-day moving averages of $25.68 and $24.38, respectively. Sign up and read our complimentary report on PGR at:

http://www.AAAResearchReports.com/PGR091113.pdf

Deutsche Bank AG's stock rose sharply on Tuesday, extending its gains from the previous trading session. The company's shares closed the day at $46.40, which is 2.43% higher than the previous day's price of $45.30. A total of 1.50 million shares were traded, which is above the daily average volume of 1.08 million. In the last three trading sessions, the company's shares have gained 4.76%, outperforming the S&P 500 which has gained 1.75% during the same period. Moreover, Deutsche Bank AG's stock is trading above its 50-day and 200-day moving averages of $44.58 and $45.08, respectively. The free report on DB can be downloaded by signing up now at:

http://www.AAAResearchReports.com/DB091113.pdf  

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SOURCE AAA Research Reports