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StockCall Early Morning Insight into NRG, NI, NU, WR, and UGI

Wednesday, 01 May 2013 07:55 AM

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StockCall.com Provides Stock Research on NRG Energy Inc., NiSource Inc., Northeast Utilities, Westar Energy Inc., and UGI Corp.

 

New York City, New York -- (May 01, 2013)

Markets started their Tuesday’s trading session cautiously and gained steam on positive news about economic growth. The utilities sector showed good performance as Northeast Utilities Systems (NYSE: NU), Westar Energy Inc. (NYSE: WR) and UGI Corp. (NYSE: UGI) created their new 52-week high price. Other major stocks such as NRG Energy Inc. (NYSE: NRG) and NiSource Inc. (NYSE: NI) closed lower on the day. StockCall has issued technical analysis and charting reports on NRG, NI, NU, WR, and UGI. Download these free reports now at

www.stockcall.com/todaysopinions

Despite the upward trend shown by broad market indices, NRG Energy Inc.’s stock finished 0.25 percent lower at $27.87 with volume mildly up from the daily average of 2.93 million to 2.97 million. The stock is up so far in 2013 with its year-to-date gain at 23.37 percent. However, the stock currently shows a bullish trend which is further confirmed by its MACD chart. The company has its first resistance level at $28.23. On the downside, it may have support at $27.43. Upon breaching this level, the stock may touch $26.29. Download the free research on NRG today by registering at

www.StockCall.com/NRG050113.pdf

NiSource Inc. made a downward movement with 1.35 percent loss in its latest trading session. The company’s stock ended at $30.73 and its highest price point for the session stood at $30.97. In the past 12 months, the stock has grown 25.48 percent while its YTD gain stands at 24.77 percent. NiSource trades at beta of 0.745 which implies low volatility. It traded 3.02 million shares during Tuesday’s session in comparison to its regular daily volume of 1.95 million shares. Sign up and have access to our free report on NI at

www.StockCall.com/NI050113.pdf

Northeast Utilities Systems’ stock is up 17.92 percent on a YTD basis as a result of a 0.60 percent gain in the previous trading session. The stock closed at $45.33 after trading in the range of $44.84 and $45.34. NU shows a bullish streak and may touch $45.61 level. Its second resistance level is at $45.86. It traded 1.24 million shares during yesterday’s session, down from its average trading volume of 1.28 million. The diversified utilities company gained 23.11 percent in the past 52 weeks, and it has also shown some recovery so far this year. It is currently trading above its short-term moving average price of $44.34. Sign up and read the complimentary report on NU at

www.StockCall.com/NU050113.pdf

Westar Energy Inc. traded in the range of $34.45 and $34.96 in Tuesday’s session and ended the day at $34.96, up 0.78 percent. The stock’s 52 weeks range stands at $27.33 and $34.96. Westar Energy has jumped 21.98 percent of its value in the past 12 months, while it gained 24.15 percent on a YTD basis. WR is in a bullish mode and may find its first support level at $34.43. It is trading above its 20-day moving average of $33.79. The free report on WR can be downloaded by signing up now at

www.StockCall.com/WR050113.pdf

UGI Corp. closed yesterday’s trading session at $40.98. The stock shows a bullish trend but currently is in the overbought territory with Relative Strength Index of 71.17. It is likely to face a mild pullback in the coming sessions and may find support at $40.03. Upon breaching this level, it may go down to $38.62 level. UGI traded 756,920 shares during Tuesday’s session, and the stock oscillated in the range of $27.78 and $41.08. The stock has appreciated 43.59 percent in the past 52 weeks. Free report on UGI can be accessed by registering at

www.StockCall.com/UGI050113.pdf

 

 

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