SproutNews logo

Pre-Market Technical Highlights on Top Electric Utilities’ Companies

LONDON, UK / ACCESSWIRE / May 27, 2016 / ActiveWallSt.com announces the list of stocks featured in the Technical Morning Blog. Every morning the Active Wall St. team discusses the latest news and technical events impacting stocks and the financial markets. Companies recently featured in the blog include Entergy, OGE Energy, Black Hills, and Korea Electric Power. 

Today, ActiveWallSt.com is promoting its technical alert briefings. Get all of our alerts free by signing up to http://www.activewallst.com/register/.

A slowdown is expected for Electric Utilities industry this year through 2020, but Electric Utilities for many investors remain a stable investment option. Let us see how this is affecting some of the big players within this space. Trade alerts on these stocks are available for free by clicking on the link below:

http://www.activewallst.com/register/

ActiveWallSt.com takes a brief technical look at how each of the aforementioned companies has performed over the last few trading sessions.

Entergy Corp. (NYSE: ETR)

At the close on Thursday, shares in Entergy Corp., which operates in two segments – Utility and Entergy Wholesale Commodities, climbed 1.53%, ending the day at $75.58. The stock recorded a trading volume of 817,047 shares. The Company’s shares have advanced 2.30% in the last one month, 6.54% over the previous three months, and 13.15% since the start of this year. The stock is trading above its 200-day moving average by 9.98%. Moreover, shares of Entergy have a Relative Strength Index (RSI) of 51.19.

OGE Energy Corp. (NYSE: OGE)

Shares in Oklahoma City headquartered energy and energy services provider, OGE Energy Corp., ended the day 0.59% higher at $30.49. A total volume of 2.57 million shares was traded, which was above their three months average volume of 1.37 million shares. In the last month and the previous three months, the stock has gained 4.92% and 22.82%, respectively. Moreover, the Company’s shares have advanced 18.36% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 5.39% and 13.03%, respectively. Furthermore, shares of OGE Energy have an RSI of 57.54.

Black Hills Corp. (NYSE: BKH)

On Thursday, shares in U.S. diversified energy Company, Black Hills Corp., finished 0.63% higher at $59.28 and with a total volume of 296,458 shares traded. The stock has advanced 0.68% in the last one month, 6.37% over the previous three months, and 29.59% since the start of this year. The Company’s shares are trading above their 50-day and 200-day moving averages by 0.61% and 22.56%, respectively. Additionally, shares of Black Hills have an RSI of 49.24. On May 05th, 2016, research firm Williams Capital Group reiterated its ‘Buy’ rating with an increase of the target price to $68 a share from $63 a share for the Company’s stock.

Korea Electric Power Corp. (NYSE: KEP)

International integrated electric utility Company, Korea Electric Power Corp.’s shares recorded a trading volume of 392,340 shares at the end of yesterday’s session and closed the day at $26.36, gaining 0.80%. The stock has advanced 10.76% in the previous three months and 24.52% on an YTD basis. The Company’s shares are trading above their 50-day and 200-day moving averages by 2.21% and 16.36%, respectively. Additionally, shares of Korea Electric Power have an RSI at 56.10. Complimentary alert on KEP is accessible at:

http://www.activewallst.com/register/

Active Wall Street:

Active Wall Street (AWS) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. AWS has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.

AWS has not been compensated; directly or indirectly; for producing or publishing this document.

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the “Author”) and is fact checked and reviewed by a third party research service company (the “Reviewer”) represented by a credentialed financial analyst [for further information on analyst credentials, please email info@activewallst.com. Rohit Tuli, a CFA® charterholder (the “Sponsor”), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by AWS. AWS is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.

NO WARRANTY

AWS, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. AWS, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, AWS, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither AWS nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://www.activewallst.com/disclaimer/.

CONTACT

For any questions, inquiries, or comments reach out to us directly at:

Office Address: 3rd floor, 207 Regent Street, London, W1B 3HH, United Kingdom
Email: info@activewallst.com
Phone number: 1-858-257-3144

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: Active Wall Street

ReleaseID: 440477

Go Top