StockCall Study on AES corp., Duke Energy, Westar Energy, PNM Resources, and Atlantic Power
* Reuters is not responsible for the content in this press release.
For best results when printing this announcement, please click on the link below: http://pdf.reuters.com/pdfnews/pdfnews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20130305:nPn3056024 LONDON, March 5, 2013 /PRNewswire/ -- Utility sector saw some major action as Atlantic Power Corp. lowered sharply on account of worrisome earnings announcement and dividend cut. However, markets in general were upbeat. The Dow Jones ended its latest session at 14,127.82, up 0.27 percent while NASDAQ was up 0.39 percent to close at 3,182.03. Similarly, S&P also closed at a positive note at 1,525.20, up 0.46 percent. Our research team took a look at Utilities sector in general including major companies like The AES Corporation (NYSE: AES), Duke Energy Corp (NYSE: DUK), Westar Energy Inc. (NYSE: WR), PNM Resources Inc. (NYSE: PNM) and Atlantic Power Corp. (NYSE: AT). StockCall free coverage on AES, DUK, WR, PNM, and AT is available upon registration at http://www.stockcall.com/register The AES Corporation traded in the range of $11.82 and $12.07 in its latest trading session and ended Monday at $12.02, up 0.75 percent. The stock's 52 weeks range stands at $9.52 and $13.62. The company has lost 10.9 percent of its value in the past 12 months, while it gained 12.34 percent so far this year. AES Corp. is in a bullish mode and may find its first support level at $11.71. It is trading above its 20-day moving average of $11.27. Download the free technical research on AES by signing up at http://www.StockCall.com/AES030513.pdf Duke Energy Corp.'s stock is in a bullish mode and is trading above its 20-day SMA of $69.66. It ended yesterday's trading session 0.66 percent higher at $69.71. What's more, the stock oscillated in the range of $68.69 and $69.94 during Monday's session. The stock trades at Price/Earnings ratio of 22.71. Duke Energy is expected to face its first resistance level at $70.50. Register now and get access to the free analysis on DUK at http://www.StockCall.com/DUK030513.pdf Westar Energy Inc.'s stock closed at $31.88, 1.08 percent up. The stock traded in the range of $31.36 and $31.90 during Monday's session and is currently above it 50-day moving average price of $31.87. Westar Energy gained 11.39 percent so far this year. Its Price/Earnings ratio is 14.83. Westar's stock is in a bullish phase and its first resistance level is at $32.05. On the downside, its first support is at $31.44. Upon breaching this level, its second support level is at $30.97. Sign up and read the complimentary report on WR at http://www.StockCall.com/WR030513.pdf In-line with the upward movement shown by broad market indices, PNM Resources Inc.'s stock finished 0.97 percent higher at $22.89, with volume up from daily average of 513,000 to 1.05 million. The company's stock is up so far in 2013 with its year-to-date gain at 11.6 percent. However, the stock currently shows a bullish trend which is further confirmed by its MACD chart. PNM Resources has its first support level at $22.51. In the coming trading sessions, the stock is likely to go as high as $23.05. The free report on PNM can be downloaded by signing up now at http://www.StockCall.com/PNM030513.pdf Shares of Atlantic Power Corp. sank in Monday's trading session in contrast to the upward movement in the broad market. The stock closed 16.99 percent lower at $5.91 on higher than average volume of 1.24 million. Atlantic Power's shares have lost more than 48 percent this year, underperforming the broad market. It has support at $5.75. The shares are trading below their 50-day moving average. Free report on AT can be accessed by registering at http://www.StockCall.com/AT030513.pdf About StockCall.com StockCall.com 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 http://www.stockcall.com SOURCE StockCall.com Contact Person:William T. Knight, Email: firstname.lastname@example.org, Contact Number: +1(646)396-9857 (9:00 am EST - 01:30 pm EST)