Xerox, Rackspace Hosting, Accenture, Fidelity National Information Services, and NCR Corp. Under StockCall's Microscope

Apr 05, 2013, 08:00 ET from

LONDON, April 5, 2013 /PRNewswire/ --

Businesses scaled back spending on technology in 2012 amid uncertain global economic environment. Although the Eurozone remains a worry, global economic environment has improved significantly since the start of this year, thanks to a rebound in U.S. and China. The last minute fiscal cliff deal in the U.S. has also ended a great deal for uncertainty. With business confidence rising, technology spending should see a rebound in 2013. This augurs well for technology companies such as Xerox Corporation (NYSE: XRX), Rackspace Hosting Inc. (NYSE: RAX), Accenture Plc (NYSE: ACN), Fidelity National Information Services (NYSE: FIS), and NCR Corporation (NYSE: NCR). Technology stocks ended on a mixed note on Thursday even as the broad market edged higher. StockCall has released full comprehensive research on XRX, RAX, ACN, FIS, and NCR and these free technical analyses can be downloaded by signing up at

Shares of Xerox Corporation rose sharply on Thursday, tracking gains in the broad market. The stock touched an intra-day high of $8.73 before finishing the day 1.17% higher at $8.66. Xerox's shares are currently trading close to their 52-week high of $8.87. The stock has had an excellent run so far in 2013, gaining nearly 28%. Most of the gains, however, came in January. Xerox's shares have been trading sideways in recent weeks which suggest that market sentiment is bearish on the stock. This is confirmed by the stock's MACD chart. Free technical analysis on XRX available by signing up at

Shares of Rackspace Hosting Inc. fell sharply in trading on Thursday. The stock closed 2.23% lower at $46.86 after touching an intra-day low of $46.38. The tech company's shares have now fallen more than 5.20% in the last three trading sessions. The stock has seen a series of lows in the last few weeks, which is a bearish signal. The stock's MACD is currently below the zero-line, which further confirms the downbeat trend. Register today and access the free research on RAX at

Accenture Plc shares fluctuated between gains and losses yesterday before finishing the day nearly flat. The stock closed 0.01% higher at $76.61 after touching an intra-day high of $76.92. Accenture's shares have outperformed the broad market so far in 2013. Year-to-date, the stock has gained more than 15%. Shares of ACN are currently trading a little over 2.30% below their 52-week high. The free report on ACN can be downloaded by signing up now at

Fidelity National Information Services Inc.'s shares are currently trading near their 52-week high of $40.29. On Thursday, the stock traded between $39.58 and $40 before finishing the day 0.43% lower at $39.73. The company's shares have seen a series of highs in the last two weeks, which is a bullish signal. The upbeat trend is further confirmed by the stock's MACD chart. Free report on FIS can be accessed by registering at

Shares NCR Corporation edged higher on Thursday, reversing some of the losses from the previous two trading sessions. The stock ended the day 0.45% higher at $26.57. NCR's shares are still down nearly 2% in the last three sessions. The company's shares are currently trading below their 50-day moving average, which is a bearish signal. The negative trend is further confirmed by the stock's MACD chart. Register with StockCall and download the research on NCR for free at

About is a financial website where investors can have easy, precise and comprehensive research and opinions on stocks making the headlines. Sign up today to talk to our financial analyst at