Today's Technical View: Southern Co., Edison Intl., Calpine Corp., and TECO Energy Inc.
LONDON, August 20, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
The US equity market closed on a lower note on Monday, August 19, 2013. All three benchmark indexes declined, with the Dow Jones Industrial Average falling 0.47%, the S&P 500 falling 0.59%, and the NASDAQ composite declining 0.38%. Shares in the electric utility companies moved lower as the broader market declined. The major movers in the sector included The Southern Company (NYSE: SO), Edison International (NYSE: EIX), Calpine Corporation (NYSE: CPN), and TECO Energy Inc. (NYSE: TE). All these companies are tracked by AAAResearchReports.com. Free in-depth technical analysis on SO, EIX, CPN, and TE are currently available upon sign up at:
The Southern Company's stock edged lower on Monday, finishing at $42.05, down 0.80% from the previous closing price. The company's shares oscillated between $41.98 and $42.55. A total of 3.42 million shares were traded, which is below the daily average volume of 4.58 million. The company's shares are currently trading below their 50-day and 200-day moving averages. Furthermore, the stock has lost 3.58% in the last three trading sessions, compared to a loss of 2.33% in the S&P 500 during the same period. Sign up for free technical analysis on SO at:
Shares in Edison International ended the day 0.83% lower at $46.59 after fluctuating between $46.42 and $47.24. A total of 1.65 million shares were traded, which is below the daily average volume of 2.43 million. Edison International's shares have lost 4.53% in the last three months, underperforming the S&P 500 which has lost 1.28% during the same period. Moreover, the shares of the company are trading below their 50-day and 200-day moving averages. Download free report on EIX by registering at:
Calpine Corporation's stock ended slightly lower on Monday, tracking losses in the broader market. The company's shares finished the day at $18.72, down 0.32%, after oscillating between $18.63 and $18.88. A total of 1.61 million shares were traded, which is below the daily average volume of 3.20 million. The stock has declined 2.30% in the last three trading sessions, outperforming the S&P 500 which has lost 2.33% during the same period. Additionally, Calpine Corporation's stock is trading below its 50-day and 200-day moving averages. The free report on CPN can be downloaded by signing up now at:
Shares in TECO Energy Inc. fell sharply on Monday, finishing at $16.53, down 1.08% from its previous closing price. The company's shares oscillated between $16.48 and $16.77. A total of 1.98 million shares were traded, which is below the daily average volume of 2.12 million. The stock is down 7.29% in the last three months, underperforming the S&P500 which has lost 2.72% during the same period. Moreover, TECO Energy's shares are trading below their 50-day and 200-day moving averages. A free report on TE can be accessed by registering at:
- This is not company news. We are an independent source and our views do not reflect the companies mentioned.
- Information in this release is fact checked and produced on a best efforts basis and reviewed by a CFA ® charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
- This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
- If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco@EquityNewsNetwork.com.
- For any urgent concerns or inquiries, please contact us at compliance@EquityNewsNetwork.com.
- Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research@EquityNewsNetwork.com for consideration.
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider has, through Chartered Financial Analysts, only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
NOT FINANCIAL ADVICE
Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
SOURCE AAA Research Reports