Computer hardware – Leaders: LXK, DELL – Laggards: WDC, Symbolb2

July 30th, 2010 by Rahul Leave a reply »

Western Digital , the maker of hard drives for computers and entertainment systems traded at 26.39, which represents -2.15% versus its previous trading session close,added downward pressure to technology shares, with the Technology Select Sector SpiderĀ  trading 0.01% from its previous trading session close.

Technology shares traded flat with the S&P500, which traded higher by 0.01%.

Among the computer hardware makers, Western Digital was the worst performer in the Computer Hardware Index , which traded lower by 0.27%. The index is had a mixed day with only 4 components trading higher.

Hewlett Packard , is a worst performer as well. The maker of printers and personal computers ended the trading session at $46.04 representing -0.8% Versus the previous trading session. Shares of Hewlett Packard have defined support at $27.12 and resistance at $33.50.

Relative strength in the Computer Hardware Index was felt in Lexmark , which was the top performer in the session, with the stock trading at $36.75 representing 0.74% versus the previous trading session. Shares of Lexmark, the maker of printers and imaging solutions have defined support at $31.74 and resistance at $39.26.

The other top performer was Dell , which traded at $13.24 representing 0.61% from its previous close. Dell, the 3rd largest personal computer maker in the world has calculated support and resistance levels at $13.01 and $13.95 respectively.

Source:http://www.tradershuddle.com/2010073058187/Stocks/computer-hardware-leaders-lxk-dell-laggards-wdc-hpq.html

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