Breaking News

Tweet TWEET

StockCall Scrutinizes Southern, Calpine, Edison, and TECO Energy

       StockCall Scrutinizes Southern, Calpine, Edison, and TECO Energy

PR Newswire

LONDON, April 8, 2013

LONDON, April 8, 2013 /PRNewswire/ --

The Dow Jones ended Friday's session at 14,565.25, down 0.28 percent while
NASDAQ declined 0.65 percent to close at 3,203.86. Similarly, S&P finished on
a negative note at 1,553.28, down 0.43 percent. The markets are expected to
remain weak in the coming week as well. In comparison to the broader markets,
the Utilities sector showed gains and remained upbeat. Our research team
followed trends of the Electric Utilities industry selecting major companies
like The Southern Company (NYSE: SO), Calpine Corporation (NYSE: CPN), Edison
International (NYSE: EIX) and TECO Energy Inc. (NYSE: TE). StockCall reviewed
the Electric Utilities industry and chose SO, CPN, EIX, and TE for its
technical coverage. These free reports can be seen for free at:

http://www.stockcall.com/signup

The Southern Company closed its latest trading session at $47.19, down 0.08
percent from its previous close. The stock traded in the range of $46.81 and
$47.23 with volume of 3.84 million shares in yesterday's session. It is likely
to face its first resistance level at $47.85 and upon breaching this level the
stock may go up to $48.20. On the downside, Southern Co. may tumble to $46.83
level. The stock is neutral as it sports beta of 0.25. So far in 2013, it
gained 11.48 percent whereas in the past 52 weeks, it gained 4.94 percent of
its value. The stock is in a bullish mode despite its mild decline in its last
session. Download the free research on SO by signing up now at:

http://www.StockCall.com/SO040813.pdf

Calpine Corp.'s stock is up 16.11 percent on a YTD basis, thanks to its 0.05
percent gain in the previous trading session. The stock closed at $20.61 after
trading in the range of $20.36 and $20.81. It shows a bullish streak and may
touch $21.10 level. Its second resistance level is at $21.35. It traded 2.33
million shares during the session, down from its average trading volume of
2.58 million. Calpine gained 17.7 percent in the past 52 weeks and has shown
good recovery so far in 2013. It is currently trading above its short-term
moving average price of $20.26, confirming its bullish trend. Register for
today's free analysis on CPN at:

http://www.StockCall.com/CPN040813.pdf

Edison International's stock is in green territory for its YTD returned with
1.74 percent gain in last Friday's trading session. The stock traded in the
range of $49.75 and $50.95 and closed at $50.88. However, it traded above
average number of shares at 3.59 million. The stock is in a bullish mode and
is likely to maintain its upward ascent in the coming sessions. Its first
resistance level is at $51.20. Upon breaching this level, the stock may go up
to $52.61. Edison International may test support level of $50.53 in the coming
trading sessions. Free report on EIX can be accessed by registering at:

http://www.StockCall.com/EIX040813.pdf

TECO Energy Inc. traded in the range of $17.94 and $18.25 in its latest
trading session and ended the day at $18.16, up 0.61 percent. The stock's 52
weeks range stands at $16.12 and $18.64. TECO has gained 5.03 percent of its
value in the past 12 months, while it gained 9.66 percent on a YTD basis. The
electric utilities company is in a bullish mode and may find its first support
level at $17.98. It is trading above its 20-day moving average of $17.55.
Register with StockCall and download the research on TE for free at:

http://www.StockCall.com/TE040813.pdf

About StockCall.com

StockCall.com is a financial website where investors can have easy, precise
and comprehensive research and opinions on stocks making the headlines. Sign
up today to talk to our financial analyst at:

http://www.stockcall.com

SOURCE StockCall.com

Contact: William T. Knight Email: info@stockcall.com Contact Number:
+1-(646)-396-9857 (9:00 am EST - 01:30 pm EST)
 
Press spacebar to pause and continue. Press esc to stop.