Morning Research on International Business Machines, Hewlett-Packard, Teradata, and Cray

    Morning Research on International Business Machines, Hewlett-Packard,
                              Teradata, and Cray

PR Newswire

LONDON, March 5, 2013

LONDON, March 5, 2013 /PRNewswire/ --

On Monday, 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 at a positive note at 1,525.20, up 0.46 percent. The Technology
sector followed broad market sentiments and remained bullish. The sector is
looking up as the general economy continues to improve and demand is looking
optimistic. Diversified computer systems companies are expected to perform
well this year as corporate spending goes up. Our research team took a look at
the Diversified computer systems industry which includes major companies like
International Business Machines Corp. (NYSE: IBM), Teradata Corporation (NYSE:
TDC), Hewlett Packard Company (NYSE: HPQ) and Cray Inc. (NASDAQ: CRAY).
StockCall has posted free technical research reports on IBM, HPQ, TDC, and
CRAY and these can be accessed by signing up at

International Business Machines Corp. traded in the range of $202.55 and
$205.19 in its latest trading session and ended Monday at $205.19, up 1.12
percent. The stock's 52 weeks range stands at $181.85 and $211.79. The company
has gained 3.21 percent of its value in the past 12 months, while it gained
7.12 percent so far this year. The company is in a bullish mode and may find
its first support level at $203.69. It is trading above its 20-day moving
average of $200.84. Download the free report on IBM upon registration at 

Shares of Teradata Corp. ended yesterday's trading session marginally lower at
$58.38, down 0.31 percent. It traded 1.77 million shares during Monday's
session, lower than its usual trading volume of 2.12 million. The stock is
down more than 5 percent this year, lagging behind the broad market. The stock
has slipped from $58.57 resistance level. It has support at around $56.98 at
the moment. With its downward movement, the company is still trading below its
6-day and 20-day moving averages. Its 52 weeks trading range stands at $56.10
and $80.97. Teradata lost more than 12 percent during the same time period.
HPQ technical report can be accessed for free by signing up at

Hewlett Packard Company's stock closed at $19.97, 0.89 percent lower. The
stock traded in the range of $19.78 and $20.14 during yesterday's session and
is currently is above its 20-day moving average price of $19.86. Hewlett
Packard gained 40.14 percent this year so far. Its beta is 1.13. The company's
stock is in a bullish phase and its first resistance level is at $20.35. On
the downside, its first support is at $19.83. Upon breaching this level, its
second support level is at $18.30. The free report on TDC can be downloaded by
signing up now at

With a sharp rise in its previous trading session, Cray Inc. jumped 28.53
percent for the year. It has gained 167.97 percent in the past 52 weeks. The
stock closed 3.22 percent higher at $20.50 on volume of 586,000 shares. Its
average trading volume stands at 409,000 shares. The company's shares
currently face resistance at around $20.80. Upon breaking this level, it may
go as high as $20.95. The stock has support at around $20.43. It is currently
trading up its 20-day and 50-day moving averages, which is a bullish signal.
Free report on CRAY can be accessed by registering at

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