NetApp Is Hardware Makers Worst Performer

August 30th, 2011 by simran Leave a reply »

Hewlett Packard (NYSE:HPQ), the maker of printers and personal computers is trading at 25.63, which represents 3.26% versus its previous trading session close. Hewlett Packard is the computer hardware index best performer today, it’s helping the sector adding upward pressure to overall technology shares, with the Technology Select Sector Spider (NYSE:XLK) trading 1.59% from its previous trading session close.

Technology shares trading flat with the S&P500, which is trading higher by 1.59%.

The Index best performer, Hewlett Packard the maker of printers and personal computers, is helping push the Computer Hardware Index (NYSE:^HWI) Higher by 1.7%. The index is having a broad rally with only 1 index component trading lower.

Also among the top performers, Seagate (NASDAQ:STX), the maker of hard drives and storage solutions is trading at $11.41 representing 2.89% Versus the previous trading session. Shares of Seagate have defined support at $9.96 and resistance at $11.28.

Practically no Relative weakness in the index today, however today’s worst performer is NetApp (NASDAQ:NTAP), with the stock trading at $36.36 representing -0.49% versus the previous trading session. Shares of NetApp, the storage and data management solutions provider have defined support at $33.32 and resistance at $38.29.

The other worst performer is Lexmark (NYSE:LXK), which is trading at $30.69 representing 1.09% from its previous close. Lexmark, the maker of printers and imaging solutions has calculated support and resistance levels at $33.32 and $38.29 respectively.

Source:http://www.tradershuddle.com/20110829156189838/Stocks/is-hardware-makers-worst-performer.html

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