StockCall Study on AES corp., Duke Energy, Westar Energy, PNM Resources, and Atlantic Power

 StockCall Study on AES corp., Duke Energy, Westar Energy, PNM Resources, and
                                Atlantic Power

PR Newswire

LONDON, March 5, 2013

LONDON, March 5, 2013 /PRNewswire/ --

Utility sector saw some major action as Atlantic Power Corp. lowered sharply
on account of worrisome earnings announcement and dividend cut. However,
markets in general were upbeat. 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. Our research team took a look at Utilities sector in general
including major companies like The AES Corporation (NYSE: AES), Duke Energy
Corp (NYSE: DUK), Westar Energy Inc. (NYSE: WR), PNM Resources Inc. (NYSE:
PNM) and Atlantic Power Corp. (NYSE: AT). StockCall free coverage on AES, DUK,
WR, PNM, and AT is available upon registration at

The AES Corporation traded in the range of $11.82 and $12.07 in its latest
trading session and ended Monday at $12.02, up 0.75 percent. The stock's 52
weeks range stands at $9.52 and $13.62. The company has lost 10.9 percent of
its value in the past 12 months, while it gained 12.34 percent so far this
year. AES Corp. is in a bullish mode and may find its first support level at
$11.71. It is trading above its 20-day moving average of $11.27. Download the
free technical research on AES by signing up at 

Duke Energy Corp.'s stock is in a bullish mode and is trading above its 20-day
SMA of $69.66. It ended yesterday's trading session 0.66 percent higher at
$69.71. What's more, the stock oscillated in the range of $68.69 and $69.94
during Monday's session. The stock trades at Price/Earnings ratio of 22.71.
Duke Energy is expected to face its first resistance level at $70.50. Register
now and get access to the free analysis on DUK at

Westar Energy Inc.'s stock closed at $31.88, 1.08 percent up. The stock traded
in the range of $31.36 and $31.90 during Monday's session and is currently
above it 50-day moving average price of $31.87. Westar Energy gained 11.39
percent so far this year. Its Price/Earnings ratio is 14.83. Westar's stock is
in a bullish phase and its first resistance level is at $32.05. On the
downside, its first support is at $31.44. Upon breaching this level, its
second support level is at $30.97. Sign up and read the complimentary report
on WR at

In-line with the upward movement shown by broad market indices, PNM Resources
Inc.'s stock finished 0.97 percent higher at $22.89, with volume up from daily
average of 513,000 to 1.05 million. The company's stock is up so far in 2013
with its year-to-date gain at 11.6 percent. However, the stock currently shows
a bullish trend which is further confirmed by its MACD chart. PNM Resources
has its first support level at $22.51. In the coming trading sessions, the
stock is likely to go as high as $23.05. The free report on PNM can be
downloaded by signing up now at

Shares of Atlantic Power Corp. sank in Monday's trading session in contrast to
the upward movement in the broad market. The stock closed 16.99 percent lower
at $5.91 on higher than average volume of 1.24 million. Atlantic Power's
shares have lost more than 48 percent this year, underperforming the broad
market. It has support at $5.75. The shares are trading below their 50-day
moving average. Free report on AT can be accessed by registering at

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