Nomura (NMR) NewsBite - NMR Is On the Move

Posted: Friday, November 27, 2009 10:55 AM EDT
By: Market Intelligence Center Staff

Nomura (NMR) appears to be on the move today and is now at $6.96, up $0.24 (3.57%) on volume of 355,729 shares traded. Over the last 52 weeks the stock has ranged from a low of $3.96 to a high of $9.50. Nomura stock has been showing support around $6.49 and resistance in the $7.03 range. Technical indicators for the stock are bearish and S&P does not currently have a STARS rating for NMR. If you are looking for a hedged play on NMR the stock seems like it could be a candidate for a July covered call above the 7.50 range. [ABR-Seven Summits Strategic Investments NewsBite]