Technical Briefing on AES Corp., Duke Energy, Atlantic Power, and Portland General Electric
LONDON, April 3, 2013 /PRNewswire/ --
Stocks showed a strong upward trend in the latest trading session and the major indices closed in the green. The Healthcare sector led the rally and pushed the markets higher. Further, factory order data also showed that the economy is growing steadily, providing positive impetus to the market. Both S&P 500 and The Dow Jones closed at record high. We took a look at Utilities sector and followed major companies like The AES Corporation (NYSE: AES), Duke Energy Corp (NYSE: DUK), Atlantic Power Corp (NYSE: AT) and Portland General Electric Company (NYSE: POR). StockCall has posted free technical research reports on AES, DUK, AT, and POR and these can be accessed by signing up at
http://www.stockcall.com/analysis
The AES Corporation's shares remained for its latest trading session, ending the day at $12.51. The stock fell to an intra-day low of $12.43, while its intra-day high stood at $12.55 on Tuesday. Despite the flat trading day, AES Corp. has gained more than 19 percent this year, compared to a gain of 11.97 percent for the S&P 500. The company's shares have strong support at around $12.48, as the stock shows a bullish trend. The stock is trading above its 20-day and 50-day moving averages, further confirming the upbeat stance. The company's market capitalization stands at $9.33 billion. Download the free report on AES upon registration at
http://www.StockCall.com/AES040313.pdf
Duke Energy Corp. traded in the range of $72.30 and $72.66 in yesterday's trading session and ended the day at $72.62, up 0.41 percent. The stock's 52 weeks range stands at $59.63 and $72.68. Duke Energy has 15.21 percent of its value in the past 12 months, while it gained 15.25 percent so far this year. The stock is in a bullish mode and may test its first resistance level at $73.05. It is trading above its 20-day moving average of $70.48, indicating a positive trend. DUK technical report can be accessed for free by signing up at
http://www.StockCall.com/DUK040313.pdf
Atlantic Power Corp.'s stock followed broad market trend and finished 7.08 percent higher at $4.99, with volume down from daily average of 2.40 million to 1.93 million. The stock is down so far in 2013 with its year-to-date decline at 55.68 percent. However, the stock currently shows a neutral trend which is further confirmed by its MACD chart. Atlantic Power has its first support level at $4.90. Upon breaching this level, it may tumble down to $3.57 price level. In the coming trading sessions, the stock is likely to go as high as $5.79. Free report on AT can be accessed by registering at
http://www.StockCall.com/AT040313.pdf
Portland General Electric Company's stock rose marginally in its Tuesday's trading session. The stock closed 0.10 percent higher at $30.39 with 482,229 share volume. Portland General Electric is up more than 12 percent for the year. In the past 52 weeks, it gained 21.66 percent. The stock currently has support at $30.10 level. The stock's MACD chart shows a bullish trend and it may face its first resistance level at $30.48. Upon breaching this level, the stock may go as high as $31.01. The company commands market capitalization of $2.30 billion. The stock has low volatility as its beta stands at 0.60. Register with StockCall and download the research on POR for free at
http://www.StockCall.com/POR040313.pdf
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