Last updated on April 20, 2014 at 13:20 EDT

Today’s Research on Hewlett-Packard, International Business Machines, Teradata, and Silicon Graphics Intl.

April 3, 2013

LONDON, April 3, 2013 /PRNewswire/ –

The shift to mobile computing has emerged as the major trend in the technology sector
in the last two years. More and more people are switching from PCs to mobile. The shift to
mobile has had a negative impact on PC makers such as Hewlett-Packard Company (NYSE: HPQ).
Another major trend to emerge in the technology sector is cloud computing. For companies
such as International Business Machines Corp. (NYSE: IBM), Teradata Corporation (NYSE:
TDC), and Silicon Graphics International Corp. (NASDAQ: SGI), cloud computing offers
significant opportunities. On Tuesday, technology stocks ended on a mixed note even as the
broad market rose sharply, with the Dow Jones touching a record intra-day high. StockCall
professionals have completed their technical analysis on HPQ, IBM, TDC, and SGI and these
free reports are accessible by registering at


Shares of Hewlett-Packard Company tumbled in trading on Tuesday. The stock fell to an
intra-day low of $21.82 before finishing the day 5.19% lower at $22.10 on above average
volume of 48.52 million. The sharp decline yesterday came after Hewlett-Packard’s shares
rallied last month. The stock saw a series of highs last month. However, the stock’s MACD
chart suggests that market sentiment has now turned bearish. Despite the sharp decline in
its last trading session, the company’s shares are still up more than 56% so far in 2013.
Sign up for the free technical research on HPQ at


International Business Machines Corp.’s shares edged higher in trading on Tuesday. The
stock closed 0.93% higher at $214.36 after touching an intra-day high of $214.71. The
company’s shares are currently trading close to their 52-week high of $215.90. The stock
has gained more than 2% in the last three sessions, which indicates that market sentiment
is bullish on the stock. Its shares have gained more than 12% so far in the year,
outperforming the broad market. Be sure to read our latest technical research on IBM by
registering at


Shares of Teradata Corporation edged higher in trading on Tuesday; however, the gains
were limited. The stock ended the day 0.25% higher at $57.16 after touching an intra-day
high of $57.61. The company’s shares have traded in a very tight range over the past
couple of weeks, struggling to break through $58 resistance level. The stock is currently
trading below its 50-day and 200-day moving averages, which is a bearish signal. Shares of
TDC have struggled so far in 2013, falling more than 7.60%, compared to a gain of over 10%
for the S&P 500. Sign up and read the complimentary report on TDC at


Shares of Silicon Graphics International Corp. fell sharply yesterday even as the
broad market posted significant gains. The stock closed 2.59% lower at $13.16, taking its
losses in the last three sessions to nearly 5.20%. The company’s shares have seen a sharp
pullback after the stock failed to break through $15 resistance level. The stock has
slipped below its 50-day moving average as a result of the recent drop. The stock’s MACD
has also slipped below the zero-line and the signal line. Despite recent losses, Silicon
Graphics’ shares have gained more than 28% thus far in the year. The free report on SGI
can be downloaded by signing up now at


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Source: PR Newswire