StockCall Scrutinizes FirstEnergy, American Electric Power, Dominion Resources, Wisconsin Energy, and Entergy


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NYSE:FE / NYSE:AEP
04/24/2013 [ACCESSWIRE]  

StockCall.com Provides Stock Research on FirstEnergy, American Electric Power, Dominion Resources, Wisconsin Energy, and Entergy

 

New York City, New York -- (April 24, 2013)

A sharp drop in natural gas prices has immensely benefited the electric utilities industry. The sharp decline in natural gas prices came at a time when the industry was facing rising costs. In April last year, natural gas prices dropped to record low levels, prompting several electric utilities to switch from coal to natural gas to generate power. The fact that natural gas is cleaner is also helping utilities meet new environmental regulations. Utilities ended mostly higher in Tuesday’s trading session as the broad market posted gains for a third successive trading session. Among the major movers were FirstEnergy Corp. (NYSE: FE), American Electric Power Company Inc. (NYSE: AEP), Dominion Resources Inc. (NYSE: D), Wisconsin Energy Corporation (NYSE: WEC), and Entergy Corporation (NYSE: ETR). StockCall reviewed the Electric Utilities industry and chose FE, AEP, D, WEC, and ETR for its technical coverage. These free reports can be seen for free at

www.stockcall.com/signup

Shares of FirstEnergy Corp. edged higher on Tuesday; however, the gains were limited. The stock rose to an intraday high of $46 before paring some of the gains to finish the day 0.11% higher at $45.91 on volume of 1.64 million. FirstEnergy’s shares have had an excellent run over the last one month, gaining nearly 12.40%. The stock has seen a series of highs since the start of this month, which is a bullish signal. Download the free research on FE by signing up now at

www.StockCall.com/FE042413.pdf

Shares of American Electric Power Company touched a 52-week high of $50.64 yesterday. The stock ended the day 0.54% higher at $50.64 on above average volume of 2.66 million, taking its gains in the last three trading sessions to over 2.30%. The stock has seen a series of highs since the start of this year. Year-to-date, American Electric Power’s shares have climbed nearly 20%, compared to a gain of nearly 10.70% for the S&P 500. Register for today’s free analysis on AEP at

www.StockCall.com/AEP042413.pdf

Dominion Resources’ shares ended marginally higher in Tuesday’s trading session. The stock closed 0.08% higher at $61.01 on volume of 1.27 million, taking its gains in the last three sessions to more than 2%. The company’s shares are currently trading close to their 52-week high of $61.23. The stock has outperformed the S&P 500 so far this year, gaining nearly 19%. The stock’s MACD has just crossed above the signal line, which is a bullish signal. Free report on D can be accessed by registering at

www.StockCall.com/D042413.pdf

Another gainer in the utilities sector yesterday was Wisconsin Energy Corporation. The stock rose to a 52-week high of $43.82 before finishing the day 0.46% higher at $43.79 on volume of 1.03 million. The company’s shares have gained nearly 1.90% in the last three trading sessions. Its MACD chart is currently giving strong bullish signals. The stock is also trading above its 50-day and 200-day moving averages, which further confirms the bullish trend.Register withStockCall and download the research on WEC for free at

www.StockCall.com/WEC042413.pdf

Shares of Entergy Corporation ended marginally lower in Tuesday’s trading session even as the broad market edged higher. The stock closed 0.27% lower at $69.50 on above average volume of 1.88 million. Shares of ETR have had an excellent run over the past one month, gaining more than 11.40%. However, the stock’s MACD chart suggests that the bullish trend may have come to an end. Read the full free research on ETR by signing up to StockCall at

www.StockCall.com/ETR042413.pdf

 

 

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