Technical Scrutiny: JPMorgan Chase, KeyCorp, Mitsubishi UFJ Financial, and First Republic Bank

LONDON, July 25, 2013 /PRNewswire/ --

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On Wednesday, July 24, 2013, shares in money center banks ended mostly lower, tracking the broader market which also finished in the red. The major movers in the industry included JPMorgan Chase & Co. (NYSE: JPM), KeyCorp (NYSE: KEY), Mitsubishi UFJ Financial Group Inc. (ADR) (NYSE: MTU), and First Republic Bank (NYSE: FRC). AAAResearchReports.com tracked JPM, KEY, MTU, and FRC. These reports can be seen for free at:

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

Shares in JPMorgan Chase & Co. ended slightly lower on Wednesday, reversing some of their gains for the week. The company's shares initially struck a 52-week high of $56.93 but failed to hold onto their gains, and finished the day 0.07% lower at $56.63. A total of 16.67 million shares were traded which is below the daily average volume of 20.92 million. The company's shares have gained 0.84% so far this week as compared to a loss of 0.36% in the S&P 500. Download free research on JPM by signing up now at:

http://www.AAAResearchReports.com/JPM072513.pdf

KeyCorp's stock edged higher on Wednesday, extending its gains for the week. The company's shares struck a 52-week high of $12.44 before closing the day 0.65% higher at $12.37. A total of 10.78 million shares were traded which is below the daily average volume of 12.04 million. KeyCorp's shares have gained 2.74% so far this week and 18.49% in the last one month, thus outperforming the S&P 500 during the respective periods. Moreover, the stock is currently trading above its 50-day and 200-day moving averages. Register for today's free analysis on KEY at:

http://www.AAAResearchReports.com/KEY072513.pdf  

Shares in Mitsubishi UFJ Financial Group Inc. moved lower on Wednesday, extending their losses for the week. The company's shares oscillated between $6.61 and $6.72 before finishing the day 1.34% lower at $6.65. A total of 1.20 million shares were traded which is below the daily average volume of 2.29 million. The company's shares have fallen by 2.35% so far this week. However, in the last one month, the stock has outperformed the broader market as it gained 14.07% as compared to an advance of 717% in the S&P 500. A free report on MTU can be accessed by registering at:

http://www.AAAResearchReports.com/MTU072513.pdf  

First Republic Bank's stock edged lower on Wednesday, tracking losses in the broader market. The company's shares fluctuated between $42.64 and $43.48 before ending the session 0.30% lower at $42.98. A total of 1.21 million shares were traded which is below the daily average volume of 1.70 million. The stock has fallen by 0.51% so far this week as compared to a loss of 0.36% in the S&P 500. Despite Wednesday's pullback, the stock is currently trading near its 52-week high of $44.08. Register with AAA Research Reports and download research on FRC for free at:

http://www.AAAResearchReports.com/FRC072513.pdf  

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SOURCE AAA Research Reports