Red Hat, BMC Software, Cisco Systems, and Parkervision Under StockCall's Microscope PR Newswire LONDON, April 18, 2013 LONDON, April 18, 2013 /PRNewswire/ -- Equity markets fell sharply on Wednesday, reversing most of the gains from Tuesday as some disappointing earnings reports, coupled with concerns over global economic growth, weighed down investors' sentiment. Investors continued to pull money out of commodities on Wednesday. All three benchmark indexes have now fallen sharply in two of the last three trading sessions. Yesterday, the technology sector was among the worst performers in the S&P 500, falling more than 2.30%. Among the major losers in the tech sector were Red Hat Inc. (NYSE: RHT), BMC Software Inc. (NASDAQ: BMC), Cisco Systems Inc. (NASDAQ: CSCO), and ParkerVision Inc. (NASDAQ: PRKR). StockCall has released full comprehensive research on RHT, BMC, CSCO, and PRKR and these free technical analyses can be downloaded by signing up at http://www.stockcall.com/technicalanalysis Shares of Red Hat Inc. fell sharply on Wednesday, tracking losses in the broad market. The stock ended the day 1.97% lower at $50.27 on volume of 2.66 million. The company's shares touched an intra-day low of $49.72. The stock is now trading close to its 52-week low of $46.34. Red Hat's shares had an excellent run last week, finishing higher in each of the trading sessions. However, year-to-date, the stock is down more than 5%. Shares of RHT are also trading below their 50-day and 200-day moving averages. Free technical analysis on RHT available by signing up at http://www.StockCall.com/RHT041813.pdf Another major loser in the tech sector on Wednesday was BMC Software Inc. Shares of the Houston, Texas-based software company fell 1.89% to finish the day at $44.03 on above average volume of 2.16 million. Despite the pullback, BMC's shares are still up more than 11% for the year. The stock is trading close to its 52-week high of $47.98. However, in recent trading sessions, market sentiment seems to have turned bearish on BMC Software. The stock has been struggling to break through $45 resistance level. Register today and access the free research on BMC at http://www.StockCall.com/BMC041813.pdf Cisco Systems Inc.'s shares saw a sharp decline yesterday, extending their losses for the week. The stock ended the day 2.50% lower at $20.63 on volume of 30.68 million. The stock traded between $20.59 and $21.02. Despite the sharp drop, Cisco's shares are still trading close to their 52-week high of $21.98. The stock has gained nearly 5.90% so far in 2013, compared to a gain of over 8.80% for the S&P 500. The company's shares also slipped below their 50-day moving average as a result of the sharp decline on Wednesday. This is a bearish signal. The stock's MACD has also crossed below the signal line, further confirming the negative trend. The free report on CSCO can be downloaded by signing up now at http://www.StockCall.com/CSCO041813.pdf ParkerVision Inc.'s shares fell sharply in Wednesday's trading session, extending their losses for the week. The stock ended the day 2.07% lower at $3.78 on above average volume of 1.12 million, taking its losses for the week to nearly 6%. ParkerVision's shares have slipped after failing to break through $4.25 resistance level. The stock's MACD has just crossed below the signal line, which is a strong bearish signal. Free report on PRKR can be accessed by registering at http://www.StockCall.com/PRKR041813.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: firstname.lastname@example.org, Contact Number: +1(646)396-9857 (9:00 am EST - 01:30 pm EST)
Red Hat, BMC Software, Cisco Systems, and Parkervision Under StockCall's Microscope
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