Computer hardware update – leaders: dell, stx – laggards: hpq, lxk

June 30th, 2010 by Manmohan Leave a reply »

Hewlett Packard (NYSE:HPQ), the maker of printers and personal computers is trading at 43.46, which represents -1.9% versus its previous trading session close,adding downward pressure to technology shares, with the Technology Select Sector Spider (NYSE:XLK) trading 0.36% from its previous trading session close.

Technology shares trading flat with the S&P500, which is trading higher by 0.36%.

Among the computer hardware makers, Hewlett Packard was the worst performer in the Computer Hardware Index (NYSE:^HWI), which is trading lower by 0.61%. The index is sliding with only 3 components trading higher.

Lexmark (NYSE:LXK), is a worst performer as well. The maker of printers and imaging solutions is trading at $33.89 representing -1.77% Versus the previous trading session.

Shares of Lexmark have defined support at $45.35 and resistance at $48.62.

Relative strength in the Computer Hardware Index is being felt in Dell (NASDAQ:DELL), which is the top performer in the session, with the stock trading at $12.31 representing 0.33% versus the previous trading session.

Shares of Dell, the 3rd largest personal computer maker in the world have defined support at $12.65 and resistance at $14.28.

The other top performer is Seagate (NASDAQ:STX), which is trading at $13.39 representing 0.07% from its previous close. Seagate, the largest maker of hard drives and storage solutions in the world has calculated support and resistance levels at $13.31 and $15.71 respectively.

Source:http://www.tradershuddle.com/2010063041899/Stocks/computer-hardware-update-leaders-dell-stx-laggards-hpq-lxk.html

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