Today's Research on Hewlett-Packard, International Business Machines, Teradata, and Silicon Graphics Intl.
LONDON, April 3, 2013 /PRNewswire/ --
The shift to mobile computing has emerged as the major trend in the technology sector in the last two years. More and more people are switching from PCs to mobile. The shift to mobile has had a negative impact on PC makers such as Hewlett-Packard Company (NYSE: HPQ). Another major trend to emerge in the technology sector is cloud computing. For companies such as International Business Machines Corp. (NYSE: IBM), Teradata Corporation (NYSE: TDC), and Silicon Graphics International Corp. (NASDAQ: SGI), cloud computing offers significant opportunities. On Tuesday, technology stocks ended on a mixed note even as the broad market rose sharply, with the Dow Jones touching a record intra-day high. StockCall professionals have completed their technical analysis on HPQ, IBM, TDC, and SGI and these free reports are accessible by registering at
http://www.stockcall.com/research
Shares of Hewlett-Packard Company tumbled in trading on Tuesday. The stock fell to an intra-day low of $21.82 before finishing the day 5.19% lower at $22.10 on above average volume of 48.52 million. The sharp decline yesterday came after Hewlett-Packard's shares rallied last month. The stock saw a series of highs last month. However, the stock's MACD chart suggests that market sentiment has now turned bearish. Despite the sharp decline in its last trading session, the company's shares are still up more than 56% so far in 2013. Sign up for the free technical research on HPQ at
http://www.StockCall.com/HPQ040313.pdf
International Business Machines Corp.'s shares edged higher in trading on Tuesday. The stock closed 0.93% higher at $214.36 after touching an intra-day high of $214.71. The company's shares are currently trading close to their 52-week high of $215.90. The stock has gained more than 2% in the last three sessions, which indicates that market sentiment is bullish on the stock. Its shares have gained more than 12% so far in the year, outperforming the broad market. Be sure to read our latest technical research on IBM by registering at
http://www.StockCall.com/IBM040313.pdf
Shares of Teradata Corporation edged higher in trading on Tuesday; however, the gains were limited. The stock ended the day 0.25% higher at $57.16 after touching an intra-day high of $57.61. The company's shares have traded in a very tight range over the past couple of weeks, struggling to break through $58 resistance level. The stock is currently trading below its 50-day and 200-day moving averages, which is a bearish signal. Shares of TDC have struggled so far in 2013, falling more than 7.60%, compared to a gain of over 10% for the S&P 500. Sign up and read the complimentary report on TDC at
http://www.StockCall.com/TDC040313.pdf
Shares of Silicon Graphics International Corp. fell sharply yesterday even as the broad market posted significant gains. The stock closed 2.59% lower at $13.16, taking its losses in the last three sessions to nearly 5.20%. The company's shares have seen a sharp pullback after the stock failed to break through $15 resistance level. The stock has slipped below its 50-day moving average as a result of the recent drop. The stock's MACD has also slipped below the zero-line and the signal line. Despite recent losses, Silicon Graphics' shares have gained more than 28% thus far in the year. The free report on SGI can be downloaded by signing up now at
http://www.StockCall.com/SGI040313.pdf
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