StockCall Scrutinizes Southern, Calpine, Edison, and TECO Energy

Apr 08, 2013, 08:00 ET from

LONDON, April 8, 2013 /PRNewswire/ --

The Dow Jones ended Friday's session at 14,565.25, down 0.28 percent while NASDAQ declined 0.65 percent to close at 3,203.86. Similarly, S&P finished on a negative note at 1,553.28, down 0.43 percent. The markets are expected to remain weak in the coming week as well. In comparison to the broader markets, the Utilities sector showed gains and remained upbeat. Our research team followed trends of the Electric Utilities industry selecting major companies like The Southern Company (NYSE: SO), Calpine Corporation (NYSE: CPN), Edison International (NYSE: EIX) and TECO Energy Inc. (NYSE: TE). StockCall reviewed the Electric Utilities industry and chose SO, CPN, EIX, and TE for its technical coverage. These free reports can be seen for free at:

The Southern Company closed its latest trading session at $47.19, down 0.08 percent from its previous close. The stock traded in the range of $46.81 and $47.23 with volume of 3.84 million shares in yesterday's session. It is likely to face its first resistance level at $47.85 and upon breaching this level the stock may go up to $48.20. On the downside, Southern Co. may tumble to $46.83 level. The stock is neutral as it sports beta of 0.25. So far in 2013, it gained 11.48 percent whereas in the past 52 weeks, it gained 4.94 percent of its value. The stock is in a bullish mode despite its mild decline in its last session. Download the free research on SO by signing up now at:

Calpine Corp.'s stock is up 16.11 percent on a YTD basis, thanks to its 0.05 percent gain in the previous trading session. The stock closed at $20.61 after trading in the range of $20.36 and $20.81. It shows a bullish streak and may touch $21.10 level. Its second resistance level is at $21.35. It traded 2.33 million shares during the session, down from its average trading volume of 2.58 million. Calpine gained 17.7 percent in the past 52 weeks and has shown good recovery so far in 2013. It is currently trading above its short-term moving average price of $20.26, confirming its bullish trend. Register for today's free analysis on CPN at:

Edison International's stock is in green territory for its YTD returned with 1.74 percent gain in last Friday's trading session. The stock traded in the range of $49.75 and $50.95 and closed at $50.88. However, it traded above average number of shares at 3.59 million. The stock is in a bullish mode and is likely to maintain its upward ascent in the coming sessions. Its first resistance level is at $51.20. Upon breaching this level, the stock may go up to $52.61. Edison International may test support level of $50.53 in the coming trading sessions. Free report on EIX can be accessed by registering at:

TECO Energy Inc. traded in the range of $17.94 and $18.25 in its latest trading session and ended the day at $18.16, up 0.61 percent. The stock's 52 weeks range stands at $16.12 and $18.64. TECO has gained 5.03 percent of its value in the past 12 months, while it gained 9.66 percent on a YTD basis. The electric utilities company is in a bullish mode and may find its first support level at $17.98. It is trading above its 20-day moving average of $17.55. Register with StockCall and download the research on TE for free at:

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