Activision Blizzard Among These Technology Stocks Investors are Dumping Today

Through the early part of trading on Thursday, September 1, 2011, these stocks are bringing down the Technology (NYSE:XLK) sector. Long time Wall St. Cheat Sheet readers know to watch stock prices because Technicals on the Stock Chart are Strong’ is one of the ‘T’s in our CHEAT SHEET investing framework.

Eaton Corporation (NYSE:ETN) stocks are trading at $42.45. This is 51 cents (-1.2%) below the previous close of $42.95, making the company one of the biggest price losers in the sector today. Eaton Corporation is a power management company offering services in the sectors of electricity, hydraulics, aerospace, truck and automotive.

Stock Price Performance: From July 5, 2011, to August 30, 2011, the stock price had fallen $9.18 (-17.7%) from $51.93 to $42.75. The stock price saw one of its best stretches over the last year between June 24, 2011 and July 1, 2011 when shares rose for six straight trading days, rising 9.3% (+$4.43). It saw one of its worst periods between April 1, 2011 and April 13, 2011 when shares fell for nine straight trading days, falling 6.5% (-$3.56).

Activision Blizzard, Inc (NASDAQ:ATVI) is among the price losers in the sector as its stock price is $11.67, down 15 cents (-1.5%) from the previous close of $11.85. Activision Blizzard, Inc. (Activision Blizzard) is an online, personal computer (NYSE:PC), console and handheld game publisher. It has three segments:Activision Publishing,Blizzard Entertainment, Inc. and its subsidiaries & Activision Blizzard Distribution.

Stock Price Performance: From August 25, 2011, to August 31, 2011, the stock price had risen 74 cents (6.7%) from $11.11 to $11.85. The stock price saw one of its best stretches over the last year between July 18, 2011 and July 25, 2011 when shares rose for six straight trading days, rising 4% (+47 cents). It saw one of its worst periods between June 2, 2011 and June 9, 2011 when shares fell for six straight trading days, falling 5.2% (-62 cents).

Avago Technologies Limited (NASDAQ:AVGO) is among the price losers in the sector. Its shares are trading at $32.33, which is 83 cents (-2.4%) below the previous close of $33.11. Avago Technologies Limited is a designer, developer and global supplier of a broad range of analog semiconductor devices with a focus on III-V based products.

Stock Price Performance: From July 6, 2011, to August 31, 2011, the stock price had fallen $5.97 (-15.3%) from $39.08 to $33.11. The stock price saw one of its best stretches over the last year between September 22, 2010 and October 1, 2010 when shares rose for eight straight trading days, rising 9% (+$1.85). It saw one of its worst periods between July 6, 2011 and July 14, 2011 when shares fell for seven straight trading days, falling 10% (-$3.90).

Garmin Ltd. (NASDAQ:GRMN) is among the price losers in the sector as its stock price is $33.12, down 54 cents (-1.2%) from the previous close of $33.53. Garmin Ltd. and its subsidiaries manufacture, market, and distribute Global Positioning System-enabled products and other related products.

Stock Price Performance: From August 3, 2011, to August 31, 2011, the stock price had risen $2.67 (8.7%) from $30.86 to $33.53. The stock price saw one of its best stretches over the last year between April 19, 2011 and April 27, 2011 when shares rose for six straight trading days, rising 3.3% (+$1.07). It saw one of its worst periods between July 7, 2011 and July 18, 2011 when shares fell for eight straight trading days, falling 4.9% (-$1.66).

Solera Holdings, Inc. (NYSE:SLH) is one of the sector losers in price. Its shares are trading at $58.15, down 51 cents (-0.8%) from the previous close of $58.65. Solera Holdings, Inc. is a global provider of software and services to the automobile insurance claims processing industry.

Stock Price Performance: From August 25, 2011, to August 31, 2011, the stock price had risen $4.32 (8%) from $54.33 to $58.65. The stock price saw one of its best stretches over the last year between October 18, 2010 and October 29, 2010 when shares rose for 10 straight trading days, rising 9.6% (+$4.19). It saw one of its worst periods between November 4, 2010 and November 12, 2010 when shares fell for seven straight trading days, falling 3.2% (-$1.63).