Today's Research on Microsoft, Oracle,, Cadence Design Systems, and CA Technologies

Today's Research on Microsoft, Oracle,, Cadence Design Systems,
                             and CA Technologies

PR Newswire

LONDON, March 5, 2013

LONDON, March 5, 2013 /PRNewswire/ --

On Monday, Technology sector remained buoyant, in-line with broader market
sentiments. Major technology stocks also showed some extreme movements, while
other tech stocks retained their bullish trend. The Dow Jones ended its latest
session at 14,127.82, up 0.27 percent while NASDAQ was up 0.39 percent to
close at 3,182.03. Similarly, S&P also closed on a positive note at 1,525.20,
up 0.46 percent. Our research team took a look at the Application Software
industry which includes major companies like Microsoft Corporation (NASDAQ:
MSFT), Oracle Corporation (NASDAQ: ORCL), Inc. (NYSE: CRM),
Cadence Design Systems Inc. (NASDAQ: CDNS), and CA Inc. (NASDAQ: CA).
StockCall professionals have completed their technical analysis on MSFT, ORCL,
CRM, CDNS, and CA and these free reports are accessible by registering at 

Microsoft Corporation is currently in a bullish mode as the stock ended
yesterday's trading session at $28.15, up 0.72 percent. The stock traded in
the range of $27.70 and $28.15 during Monday's session. Its first support
level is at $27.76 and upon breaching this level, the stock may go down to
$26.48 level. On the upside, Microsoft's stock may touch $28.94 level. The
stock has traded in the range of $26.26 and $32.95 in the past 52 weeks and it
declined by 12.24 percent during the same time period. On a Year-to-Date
basis, the stock is up 5.39 percent. Sign up for the free technical research
on MSFT at 

Oracle Corporation shares traded up in Monday's trading session, ending the
day 1.21 percent higher at $35.05. The stock fell to an intra-day low of
$34.40, while its intra-day high stood at $35.08. With the upward movement,
Oracle has gained more than 5 percent this year, compared to a gain of 6.94
percent for the S&P 500. The tech giant's shares have strong support at around
$34.99, as the stock shows a bullish trend. The stock is trading higher than
its 20-day and 50-day moving averages. Be sure to read our latest technical
research on ORCL by registering at Inc. traded in the range of $181.48 and $186.63 during its
yesterday's trading session. It opened at $182.02 and closed at $185.89, up
2.14 percent on Monday. The stock is currently in a bullish mode and has its
first resistance level at $186.25. Upon breaching this level,
may go as high as $187. It traded 2.39 million shares and is above its 20-day
moving average price. Its first support level is at $178.07. So far in 2013,
the stock is up 10.58 percent. Sign up and read the complimentary report on
CRM at

In-line with the upward movement shown by broad market indices, Cadence Design
Systems Inc.'s stock finished 2.65 percent higher at $14.31, with volume up
from daily average of 2.84 million to 3.80 million. The tech company's stock
is up in 2013 so far with its year-to-date gain at 5.92 percent. The stock
currently shows a bullish trend which is further confirmed by the stock's MACD
chart. Cadence has its first support level at $14.12. In the coming trading
sessions, the stock is likely to go as high as $14.42. The free report on CDNS
can be downloaded by signing up now at

CA Inc.'s stock rose marginally in yesterday's trading session. On Monday, the
stock closed 0.12 percent higher at $24.45 with 2.84 million share volume.
Despite the mild upward movement, the stock is still up more than 11 percent
for the year. In the past 52 weeks, CA Inc. is down 9.61 percent. The stock
currently has support at $23.88 level. Its MACD chart shows bullish trend. The
company may face its first resistance level at $24.60. Upon breaching this
level, the stock may go as high as $25.19. Free report on CA can be accessed
by registering at 

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