Technology Stocks Spiking Higher August 31st

Through early trading on Wednesday, August 31, 2011, these stocks are helping the Technology (NYSE:XLK) sector today. 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) is one of the top price gainers. Its stock price is $43.98, which is $1.23 (+2.9%) above the previous close of $42.75. 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).

Shares of Rockwell Automation, Inc. (NYSE:ROK) are trading at $64.48, up $2.15 (+3.4%) from the previous close of $62.33. Rockwell Automation Inc. provides industrial automation power, control and information solutions to customers in the manufacturing sector.

Stock Price Performance: From July 1, 2011, to August 29, 2011, the stock price had fallen $27.81 (-31.5%) from $88.34 to $60.53. The stock price saw one of its best stretches over the last year between February 4, 2011 and February 14, 2011 when shares rose for seven straight trading days, rising 8% (+$6.50). It saw one of its worst periods between July 21, 2011 and August 2, 2011 when shares fell for nine straight trading days, falling 19.3% (-$16.03).

Avago Technologies Limited (NASDAQ:AVGO) is one of the top price gainers. Its stock price is $34.13, which is $1.00 (+3%) above the previous close of $33.13. 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 1, 2011, to August 29, 2011, the stock price had fallen $5.81 (-15%) from $38.66 to $32.85. 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).

Shares of Jabil Circuit Inc. (NYSE:JBL) are trading at $17.18, up 60 cents (+3.6%) from the previous close of $16.59. Jabil Circuit Inc. is an independent provider of electronic manufacturing services and solutions. It is engaged in the design, production of electronics, and it offers product management and aftermarket services to companies in a wide range of industries, such as the aerospace, defense, medical and telecommunications sectors. .

Stock Price Performance: From July 5, 2011, to August 30, 2011, the stock price had fallen $3.75 (-18.4%) from $20.34 to $16.59. The stock price saw one of its best stretches over the last year between June 23, 2011 and July 1, 2011 when shares rose for seven straight trading days, rising 8.7% (+$1.66). It saw one of its worst periods between April 4, 2011 and April 12, 2011 when shares fell for seven straight trading days, falling 6.7% (-$1.37).

National Instruments Corporation (NASDAQ:NATI) is one of the top price gainers. Its stock price is $25.98, which is 73 cents (+2.9%) above the previous close of $25.25. National Instruments Corporation is a supplier of measurement and automation products that engineers and scientists use in a range of industries.

Stock Price Performance: From July 5, 2011, to August 30, 2011, the stock price had fallen $5.16 (-17%) from $30.41 to $25.25. The stock price saw one of its best stretches over the last year between June 27, 2011 and July 7, 2011 when shares rose for eight straight trading days, rising 10% (+$2.81). It saw one of its worst periods between April 26, 2011 and May 4, 2011 when shares fell for seven straight trading days, falling 10.4% (-$3.36).