NCR Corporation : StockCall Study on Xerox, Rackspace Hosting, Accenture, Computer Sciences, and NCR Corp.
03/07/2013| 08:05am US/Eastern
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LONDON, March 7, 2013 /PRNewswire/ --
While the markets still continue their bull's run, technology sector benchmark index
NASDAQ showed minor weakness. However, the overall trend in the sector is bullish as the
stocks are moving north. The Dow Jones ended its latest session at 14,296.24, up 0.30
percent while NASDAQ was down 0.05 percent to close at 3,222.37. Similarly, S&P also ended
on a positive note at 1,541.46, up 0.11 percent. Our research team took a look at the
Information Technology Services industry which includes major companies like Xerox
Corporation (NYSE: XRX), Rackspace Hosting Inc. (NYSE: RAX), Accenture plc (NYSE: ACN),
Computer Sciences Corporation (NYSE: CSC) and NCR Corporation (NYSE: NCR). StockCall free
coverage on XRX, RAX, ACN, CSC, and NCR is available upon registration at
http://www.stockcall.com/register
Xerox Corp.'s shares were up for its latest trading session, ending the day 3.53
percent higher at $8.51. The stock fell to an intra-day low of $8.23, while its intra-day
high stood at $8.51. With the upward move, Xerox has gained more than 24.78 percent this
year, compared to a gain of 8.08 percent for the S&P 500. The company's shares have a
strong support at around $8.24, as the stock shows a bullish trend. The stock is trading
higher than its 20-day and 50-day moving averages. Download the free technical research on
XRX by signing up at
http://www.StockCall.com/XRX030713.pdf
Rackspace Hosting Inc.'s stock closed at $57.10, 0.09 percent lower. The stock traded
in the range of $56.35 and $57.27 during the session, and it is currently above its 20-day
moving average price of $57.01. Rackspace lost 23.12 percent so far this year. Its
Price/Earnings ratio is 76.13. The company's stock is in a neutral phase and its first
resistance level is at $60.46. On the downside, its first support is at $56.85. Upon
breaching this level, its second support level is at $53.20. Register now and get access
to the free analysis on RAX at
http://www.StockCall.com/RAX030713.pdf
In-line with the upward movement shown by broad market indices, Accenture plc's stock
finished 0.64 percent higher at $77.41, with volume down from daily average of 2.53
million to 2.00 million. Accenture's stock is up in 2013 so far with a year-to-date gain
at 16.41 percent. However, the stock currently shows a bullish trend which is further
confirmed by the stock's MACD chart. The company has its first support level at $76.63. In
the coming trading sessions, the stock is likely to go as high as $77.85. Sign up and read
the complimentary report on ACN at
http://www.StockCall.com/ACN030713.pdf
Computer Sciences Corp. declined marginally in its latest trading session. The stock
closed 0.50 percent down at $49.35 with 1.37 million share volume. Despite the downward
move, the stock is still up more than 23 percent for the year. In the past 52 weeks, the
company is up 57.57 percent. The stock currently has support at $48.56 level. The stock's
MACD chart shows a bullish trend. Computer Sciences may face its first resistance level at
$51.42. Upon breaching this level, the stock may go as high as $52.05. The free report on
CSC can be downloaded by signing up now at
http://www.StockCall.com/CSC030713.pdf
Shares of NCR Corp. edged higher in its latest trading session on Wednesday, tracking
the moves in the broad market. The stock closed 0.29 percent higher at $27.35 on below
average volume of 1.08 million. NCR's shares have gained more than 7 percent this year,
marginally underperforming the broad market. It has support at $26.80. Despite the upward
move, the shares are still trading below their 20-day moving average. Free report on NCR
can be accessed by registering at
http://www.StockCall.com/NCR030713.pdf
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SOURCE StockCall.com
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