Technical Scrutiny: Hewlett-Packard Co., International Business Machines Corp., Teradata Corp., and Infinera Corp.
LONDON, August 19, 2013 /PRNewswire/ --
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On Friday, August 16, 2013, the US equity market ended the day on a lower note. The three-benchmark indexes edged lower, with the Dow Jones Industrial Average falling 0.20%, the S&P 500 falling 0.33%, and the NASDAQ composite declining 0.09%. Shares in technology companies ended mostly lower, tracking losses in the broader market. The major movers in the sector included Hewlett-Packard Company (NYSE: HPQ), International Business Machines Corporation (NYSE: IBM), Teradata Corporation (NYSE: TDC), and Infinera Corporation (NASDAQ: INFN). AAAResearchReports.com has tracked HPQ, IBM, TDC, and INFN. These reports can be seen for free at:
http://www.aaaresearchreports.com/register/
Hewlett-Packard Company's stock rose sharply on Friday even as the broader market declined. The company's shares vacillated between $25.92 and $26.57 before ending the day 1.81% higher at $26.42. A total of 15.09 million shares were traded, which is below the daily average volume of 16.26 million. Hewlett-Packard Company's stock has gained 24.21% in the last three months, outperforming the S&P 500 which has fallen 0.70% during the same period. Moreover, the company's shares are trading close to their 52-week high of $27.78, and also above their 50-day and 200-day moving averages. Download free research on HPQ by signing up now at:
http://www.AAAResearchReports.com/HPQ081913.pdf
Shares in International Business Machines Corporation edged lower on Friday, tracking losses in the broader market. The company's shares oscillated between $185.34 and $186.46 before finishing the day at $185.34, down 0.24%. A total of 3.43 million shares were traded, which is below the daily average volume of 3.99 million. Further, the company's shares have fallen 1.63% in the previous three trading sessions, compared to a decline of 2.26% in the S&P 500 during the same period. Register for today's free analysis on IBM at:
http://www.AAAResearchReports.com/IBM081913.pdf
Teradata Corporation's stock ended the day 0.27% lower at $61.69 after trading between $60.98 and $62.18. A total of 1.00 million shares were traded, which is below the daily average volume of 1.72 million. Teradata Corporation's shares have gained 7.59% in the last three months, outperforming the S&P 500 which has fallen 0.70% during the same period. Moreover, the company's stock is trading above its 50-day and 200-day moving averages. A free report on TDC can be accessed by registering at:
http://www.AAAResearchReports.com/TDC081913.pdf
Shares in Infinera Corporation declined on Friday, extending their losses from previous trading sessions. The company's shares fluctuated between $10.26 and $10.63 before finishing the day 0.48% lower at $10.38. A total of 1.58 million shares were traded, which is below the daily average volume of 1.84 million. The company's shares have gained 2.98% in the last three months, compared to decline of 0.70% in the S&P 500 during the same period. Furthermore, the stock is now trading above its 200-day moving average. Register with AAA Research Reports and download research on INFN for free at:
http://www.AAAResearchReports.com/INFN081913.pdf
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SOURCE AAA Research Reports
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