Join        Login             Stock Quote

Today's Research on Northeast Utilities, NRG Energy, NiSource, NV Energy, and MDU Resources

Friday, March 1, 2013 8:00 AM

Utility Stocks Fare Well

LONDON, March 1, 2013 /PRNewswire/ --

Markets ended the day lower despite early hours' gains. Owing to disappointing Q4 data showing slow economic growth, The Dow Jones ended the day 0.15 percent lower at 14,054.49, while the S&P 500 closed at 1,514.68, down 0.09 percent. NASDAQ also followed the suit to end the day at 3,160.19, down 0.07 percent. Our research team took a look at utility sector including major companies like Northeast Utilities System (NYSE: NU), NRG Energy Inc. (NYSE: NRG), NiSource Inc. (NYSE: NI), NV Energy Inc. (NYSE: NV) and MDU Resources Group Inc. (NYSE: MDU). StockCall professionals have completed their technical analysis on NU, NRG, NI, NVE and MDUand these free reports are accessible by registering at http://www.stockcall.com/research  

Shares of Northeast Utilities System ended Thursday's trading session marginally higher at $41.51, 0.58 percent higher. The stock grew more than 6 percent this year, in-line with the broad market. It has support at around $41.15 at the moment. The utilities company is trading above its 6-day and 20-day moving average prices. The stock traded in the range of $41.11 and $41.63 in yesterday's trading session. Sign up for the free technical research on NU at http://www.StockCall.com/NU030113.pdf  

NRG Energy's stock is in a bullish mode and is trading in-line with its 20-day SMA of $24. It ended Thursday's trading session flat at $24.00, and it oscillated in the range of $23.85 and $24.30 during the session. The stock trades at beta of 0.72. The company is expected to face its first resistance level at $24.30. Upon breaching this level, the stock may go up to $24.53 level. Be sure to read our latest technical research on NRG by registering at


NiSource's stock closed at $27.70, 1.02 percent higher. The stock traded in the range of $27.43 and $27.78 during the session and is currently below it 20-days moving average price. The stock created its new 52 weeks high during the session. NiSource gained 11.29 percent so far this year. Its Price/Earnings ratio is 19.93. The stock is in a bullish phase and its first resistance level is at $27.95. On the downside, its first support is at $27.55. Sign up and read the complimentary report on NI at http://www.StockCall.com/NI030113.pdf  

With an upward movement in yesterday's trading session, NV Energy is up 8.93 percent for the year. It has gained 23.65 percent in the past 52 weeks. The stock closed 1.33 percent higher at $19.76 on volume of 2.15 million shares. Its average trading volume stands at 1.90 million shares. NV Energy's shares currently face resistance at around $19.81. The stock has support at around $19.44. It is currently trading above its 20-day and 50-day moving averages, which is a bullish signal. The free report on NVE can be downloaded by signing up now at http://www.StockCall.com/NVE030113.pdf  

MDU Resources traded in the range of $23.96 and $24.30 during its Thursday's trading session. It opened at $23.97 and closed at $24.16, up 0.79 percent. The stock is currently in a bullish mode and has its first resistance level at $24.71. Upon breaching this level, MDU Resources may go as high as $24.95. It traded 908,000 shares and is below its 20-day moving average price. Free report on MDU can be accessed by registering at http://www.StockCall.com/MDU030113.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

(Source: PR Newswire )
(Source: Quotemedia)


Fundamental data is provided by Zacks Investment Research, and Commentary, news and Press Releases provided by YellowBrix and Quotemedia.
All information provided "as is" for informational purposes only, not intended for trading purposes or advice. iStockAnalyst.com is not an investment adviser and does not provide, endorse or review any information or data contained herein.
The blog articles are opinions by respective blogger. By using this site you are agreeing to terms and conditions posted on respective bloggers' website.
The postings/comments on the site may or may not be from reliable sources. Neither iStockAnalyst nor any of its independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. You are solely responsible for the investment decisions made by you and the consequences resulting therefrom. By accessing the iStockAnalyst.com site, you agree not to redistribute the information found therein.
The sector scan is based on 15-30 minutes delayed data. The Pattern scan is based on EOD data.