Technical Report on Information Technology Stocks -- Research on Wipro, Gartner, Zebra Technologies, and AU Optronics

LONDON, April 22, 2014 /PRNewswire/ --

The trading session on Monday, April 21, 2014 ended on a higher note as the Dow Jones Industrial Average finished at 16,449.25, up 0.25% and the NASDAQ Composite closed at 4,121.55, up 0.64%. The S&P 500 finished the session 0.38% higher at 1,871.89. The gains were broad based as eight out of ten sectors finished on a positive note. The S&P 500 Information Technology Sector Index finished the day 0.44% higher at 590.69, and it has gained 0.64% in the previous three months. Investor-Edge has initiated coverage on the following equities: Wipro Ltd (NYSE: WIT), Gartner Inc. (NYSE: IT), Zebra Technologies Corp. (NASDAQ: ZBRA) and AU Optronics Corp. (NYSE: AUO). Free technical research on WIT, IT, ZBRA and AUO can be downloaded upon signing up at:

http://www.investor-edge.com/1503-register

Wipro Ltd's stock fell by 3.38% on Monday, ending the day at $13.15. The stock recorded a trading volume of 0.63 million shares, which was above its three months average volume of 0.57 million shares. The stock oscillated between $13.02 and $13.31 during the trading session. Wipro Ltd's shares have declined 2.74% in the previous three trading sessions, while it has gained 0.23% in the last one month and gained 4.45% since the start of this year. The stock is trading below its 50-day moving average. Wipro Ltd's 50-day moving average of $13.34 is above its 200-day moving average of $11.34. Moreover, the stock traded at a PE ratio of 25.06 and has a Relative Strength Index of 56.22. Sign up today to read free research on WIT at:

http://www.investor-edge.com/1503-WIT-22Apr2014.pdf

On Monday, Gartner Inc.'s stock recorded a trading volume of 0.30 million shares, which was below its three months average volume of 0.51 million shares. The stock ended the day at $67.50, which was 0.10% lower than its previous day's closing, and registered an intraday range of $67.35 and $67.92. Gartner Inc.'s shares have advanced 1.03% in the previous three trading sessions, while the stock has lost, 7.15% in the last one month and 5.00% on YTD basis. The company's stock is trading below its 50-day moving average. Gartner Inc.'s 50-day moving average of $68.92 is above its 200-day moving average of $63.98. Furthermore, the shares of the company traded at a PE ratio of 34.95 and have an RSI of 45.54. Sign up today to read free research on IT at:

http://www.investor-edge.com/1503-IT-22Apr2014.pdf

Shares in Zebra Technologies Corp. fluctuated between $63.59 and $64.65 before ending the trading session 1.29% higher at $64.34. On Monday, shares in Zebra Technologies Corp. reported a trading volume of 1.18 million shares, which was above its three months average volume of 0.40 million shares. Shares of the company traded at a PE ratio of 23.19. Zebra Technologies Corp.'s shares have gained 4.81% over the previous three trading sessions and 18.97% since the beginning of this year, while it has lost 9.61% in the last one month. The stock is trading below its 50-day moving average. Zebra Technologies Corp.'s 50-day moving average of $66.41 is above its 200-day moving average of $53.44. Additionally, shares of the company have an RSI of 38.68. Sign up today to read free research on ZBRA at:

http://www.investor-edge.com/1503-ZBRA-22Apr2014.pdf

AU Optronics Corp.'s stock edged 0.26% higher on Monday, closing the day at $3.83. A total of 0.55 million shares were traded, which was at par its three months average volume. The stock moved between $3.78 and $3.87 during the session. The stock has gained 2.96% over the previous three trading sessions, 15.71% in the last one month and 22.76% on YTD basis. Additionally, the company shares are trading above their 50-day and 200-day moving averages of $3.39 and $3.34, respectively. Moreover, the company's stock has an RSI of 62.47. Sign up today to read free research on AUO at:

http://www.investor-edge.com/1503-AUO-22Apr2014.pdf

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