These 5 Technology Stocks Closed Up August 30th

At the close of trading on Tuesday, August 30, 2011, these stocks helped 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.

Shares of Rockwell Automation, Inc. (NYSE:ROK) closed at $62.35, up $1.82 (+3%) from the previous close of $60.53. 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).

Ametek Inc. (NYSE:AME) was one of the top price gainers. It closed at $39.02, which is 83 cents (+2.2%) above the previous close of $38.19. AMETEK, Inc. is a global manufacturer of electronic instruments and electromechanical devices with operations in North America, Europe, Asia, and South America.

Stock Price Performance: From July 1, 2011, to August 29, 2011, the stock price had fallen $7.44 (-16.3%) from $45.63 to $38.19. The stock price saw one of its best stretches over the last year between October 27, 2010 and November 5, 2010 when shares rose for eight straight trading days, rising 7.2% (+$2.51). It saw one of its worst periods between July 26, 2011 and August 2, 2011 when shares fell for six straight trading days, falling 9.9% (-$4.48).

Molex Incorporated (NASDAQ:MOLX) was among the top price gainers in the sector. Its shares traded at $21.75, up 51 cents (+2.4%) from the previous close of $21.25. Molex Inc. manufactures electronic components, including switches, integrated products and electrical and fiber optic interconnection products and systems.

Stock Price Performance: From June 2, 2011, to August 26, 2011, the stock price had fallen $6.14 (-23.2%) from $26.43 to $20.29. The stock price saw one of its best stretches over the last year between April 18, 2011 and April 29, 2011 when shares rose for nine straight trading days, rising 11.4% (+$2.75). It saw one of its worst periods between July 26, 2011 and August 8, 2011 when shares fell for 10 straight trading days, falling 25.7% (-$6.43).

Shares of MercadoLibre, Inc. (NASDAQ:MELI) closed at $68.77, up $1.24 (+1.8%) from the previous close of $67.53. Mercadolibre, Inc. is an online commerce platform in Latin America, called MercadoLibre.

Stock Price Performance: From June 2, 2011, to August 26, 2011, the stock price had fallen $24.70 (-27.6%) from $89.61 to $64.91. The stock price saw one of its best stretches over the last year between March 18, 2011 and April 5, 2011 when shares rose for 13 straight trading days, rising 31.9% (+$20.67). It saw one of its worst periods between July 28, 2011 and August 8, 2011 when shares fell for eight straight trading days, falling 26.6% (-$21.15).

Quality Systems, Inc. (NASDAQ:QSII) was among the sector price gainers, as it closed at $92.73, up $2.07 (+2.3%) from the previous close of $90.66. Quality Systems, Inc. develops and markets healthcare information systems that automate certain aspects of medical and dental practices, networks of practices, ambulatory care centers, community health centers and medical and dental schools.

Stock Price Performance: From June 3, 2011, to August 29, 2011, the stock price had risen $9 (11%) from $81.66 to $90.66. The stock price saw one of its best stretches over the last year between March 16, 2011 and April 5, 2011 when shares rose for 15 straight trading days, rising 11.7% (+$9.22). It saw one of its worst periods between July 8, 2011 and July 18, 2011 when shares fell for seven straight trading days, falling 6.5% (-$5.93).

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