Pre-Market Technical Recap on Specialty Retail Stocks -- Staples, eBay, Office Depot, and Etsy

NEW YORK, August 8, 2017 /PRNewswire/ --

If you want a Stock Review on SPLS, EBAY, ODP, or ETSY then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. The Retail sector has been tough to invest in over the past few years due to harsh competition from e-tailers, sluggish brick-and-mortar traffic, and fickle consumer tastes. Nonetheless, some specialty retailers, which sell a narrower range of products than traditional retailers, have held up better, according to an article on The Motley Fool. Ahead of today's trading session, DailyStockTracker.com takes a closer look at select stocks to see how they have fared over the previous trading sessions: Staples Inc. (NASDAQ: SPLS), eBay Inc. (NASDAQ: EBAY), Office Depot Inc. (NASDAQ: ODP), and Etsy Inc. (NASDAQ: ETSY). Daily Stock Tracker provides great insights on these stocks in its free research reports at: http://dailystocktracker.com/register/

Staples 

Massachusetts-based Staples Inc.'s shares saw a slight decline of 0.10%, finishing Monday's trading session at $10.18. A total volume of 9.25 million shares was traded. In the last month and the previous three months, the stock has advanced 0.94% and 5.44%, respectively. Additionally, the Company's shares have gained 12.43% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 5.67% and 10.30%, respectively. Moreover, shares of Staples, which together with its subsidiaries, operates office products superstores, have a Relative Strength Index (RSI) of 64.53.

On July 27^th, 2017, Staples announced that, on July 26^th, 2017, the US Federal Trade Commission granted early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 with respect to the pending acquisition of the Company by investment funds managed by Sycamore Partners, a leading private equity firm. Free research report on SPLS is available at: http://dailystocktracker.com/registration/?symbol=SPLS

eBay Inc. 

On Monday, shares in California headquartered eBay Inc. recorded a trading volume of 5.36 million shares, and ended the session 1.38% higher at $36.11. The stock has gained 5.49% in the last one month, 8.63% over the previous three months, and 21.62% on an YTD basis. The Company's shares are trading 1.93% above their 50-day moving average and 10.90% above their 200-day moving average. Furthermore, shares of eBay, which operates commerce platforms that connect various buyers and sellers worldwide, have an RSI of 50.81.

On July 21^st, 2017, research firm Canaccord Genuity reiterated its 'Hold' rating on the Company's stock with an increase of the target price from $32 a share to $34 a share.

On July 26^th, 2017, eBay announced Image Search and Find It On eBay - new experiences for shoppers to use pictures instead of words to search the Company's catalog of 1.1 billion items spanning the new and truly unique. Enabled by artificial intelligence and machine learning, these innovative ways to shop will allow people to quickly find the things they love, making the entire Internet shoppable on their mobile device. The complimentary research report on EBAY can be downloaded at: http://dailystocktracker.com/registration/?symbol=EBAY

Office Depot 

Shares in Florida headquartered Office Depot Inc. closed at $6.17, climbing 3.87% from the last trading session. The stock recorded a trading volume of 8.00 million shares, which was above its three months average volume of 6.62 million shares. The Company's shares have gained 7.87% in the last one month, 20.74% over the previous three months, and 36.50% since the start of this year. The stock is trading 10.26% and 28.09% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Office Depot, which together with its subsidiaries, supplies office products and services in North America, have an RSI of 65.35.

On July 26^th, 2017, Office Depot announced that it will release fiscal second-quarter results before market open on August 09^th, 2017. A conference call will be held that same day at 9:00 a.m. ET to discuss the results. The conference call will be webcast and available on the Company's Investor Relations website. Visit DailyStockTracker.com today and access our complete research report on ODP at: http://dailystocktracker.com/registration/?symbol=ODP

Etsy Inc. 

New York headquartered Etsy Inc.'s stock ended 2.05% higher at $15.46. A total volume of 2.73 million shares was traded, which was above their three months average volume of 2.17 million shares. The Company's shares have advanced 2.93% in the last one month, 36.57% over the previous three months, and 31.24% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 7.90% and 23.87%, respectively. Furthermore, shares of Etsy, which operates as a commerce platform to make, sell, and buy goods online and offline worldwide, have an RSI of 60.54.

On July 31^st, 2017, Etsy announced that it has appointed Mike Fisher as Chief Technology Officer, effective immediately. Fisher brings over 20 years of experience to the Company. He will report directly to Josh Silverman, CEO, and join the executive team. The complimentary research report on ETSY can be downloaded at: http://dailystocktracker.com/registration/?symbol=ETSY

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