Technical Pointers on Electric Utilities Equities -- Research on Centrais Eletricas Brasileiras, Pinnacle West Capital, Portland General Electric, and Duke Energy

LONDON, April 22, 2014 /PRNewswire/ --

The trading session on Monday, April 21, 2014 ended on a higher note as the S&P 500 finished the session 0.38% higher at 1,871.89 and the NASDAQ Composite closed at 4,121.55, up 0.64%. The Dow Jones Industrial Average finished at 16,449.25, up 0.25%. During the session, the eight out of ten sectors ended in positive. The S&P 500 Utilities Sector Index closed the day at 214.78, down 0.16%, and the same has advanced 10.96% in the previous three months. Investor-Edge has initiated coverage on the following equities: Centrais Eletricas Brasileiras S.A. (NYSE: EBR), Pinnacle West Capital Corp. (NYSE: PNW), Portland General Electric Co. (NYSE: POR) and Duke Energy Corp. (NYSE: DUK). Free technical research on EBR, PNW, POR and DUK can be downloaded upon signing up at:

http://www.investor-edge.com/1498-register

On Monday, Shares in Centrais Electricas Brasileiras S.A. fluctuated between $3.39 and $3.48 before ending the session 0.29% higher at $3.45. Centrais Electricas Brasileiras S.A.'s stock reported a trading volume of 0.55 million shares as compared to its three months average volume of 1.57 million shares. The company shares have surged 38.55% in the last one month, 48.71% in the previous three months, and 33.20% on YTD basis. The stock is trading above its 50-day and 200-day moving averages of $2.50 and $2.51, respectively. Additionally, the stock has an RSI of 76.74. Sign up today to read free research on EBR at:

http://www.investor-edge.com/1498-EBR-22Apr2014.pdf

Pinnacle West Capital Corp.'s stock edged 0.23% lower, to close the day at $55.81. The stock recorded a trading volume of 0.59 million shares, much below its three months average volume of 1.00 million shares. Shares of the company traded at a PE ratio of 15.25. The stock oscillated between $55.51 and $56.16 during the trading session. Over the last three trading sessions and past one month, Pinnacle West Capital Corp.'s shares have gained 0.32% and 3.47%, respectively. The stock has advanced 5.46% since the start of this year. The stock is trading above its 50-day and 200-day moving averages of $54.60 and $54.87, respectively. Moreover, shares of the company have an RSI of 58.54. Sign up today to read free research on PNW at:

http://www.investor-edge.com/1498-PNW-22Apr2014.pdf

Portland General Electric Co.'s stock finished the Monday's session 0.22% higher at $32.35. A total of 0.54 million shares were traded, which at par with its three months average volume. The stock moved between $32.20 and $32.62 during the session. Over the last one month and previous three months, Portland General Electric Co.'s shares have advanced 0.06% and 8.52%, respectively. Also, since the beginning of this year, the company's stock has gained 7.12%. The company shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $31.74 is greater than its 200-day moving average of $30.15. Portland General Electric Co.'s stock traded at a PE ratio of 23.96 and has an RSI of 52.42. Sign up today to read free research on POR at:

http://www.investor-edge.com/1498-POR-22Apr2014.pdf

On Monday, Shares in Duke Energy Corp. recorded a trading volume of 1.81 million shares, which is much lower than its three months average volume of 3.26 million shares. The stock ended the day at $72.46, which is 0.15% below its previous day's closing, and registered an intraday range of $72.10 and $73.07.Shares of the company traded at PE ratio of 16.68. Duke Energy Corp.'s shares gained 4.89% in the last one month, 5.77% in the previous three months and 5.00% on YTD basis. The company stock is trading above its 50-day and 200-day moving averages of $70.76 and $69.48, respectively. Furthermore, the shares of the company have an RSI of 60.91. Sign up today to read free research on DUK at:

http://www.investor-edge.com/1498-DUK-22Apr2014.pdf


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EDITOR'S NOTES:
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