Utilities Stocks That Moved Downward August 30th

At the close of trading on Tuesday, August 30, 2011, these stocks brought down the Utilities (NYSE:XLU) 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 Dominion Resources, Inc. (NYSE:D) closed at $48.75, down 22 cents (-0.4%) from the previous close of $48.97. Dominion Resources, Inc. supplies electricity and natural gas to various regions across the United States.

Stock Price Performance: From June 2, 2011, to August 26, 2011, the stock price had risen $1.66 (3.5%) from $46.80 to $48.46. The stock price saw one of its best stretches over the last year between April 18, 2011 and May 4, 2011 when shares rose for 12 straight trading days, rising 6.6% (+$2.86). It saw one of its worst periods between July 21, 2011 and July 29, 2011 when shares fell for seven straight trading days, falling 3.1% (-$1.54).

PG &E Corporation (NYSE:PCG) was among the price losers in the sector as its stock price closed at $41.93, down 22 cents (-0.5%) from the previous close of $42.15. PG&E Corp. distributes electricity and natural gas, generates electricity, and procures natural gas through Pacific Gas and Electric Company.

Stock Price Performance: From August 1, 2011, to August 29, 2011, the stock price had risen 64 cents (1.5%) from $41.51 to $42.15. The stock price saw one of its best stretches over the last year between April 18, 2011 and April 28, 2011 when shares rose for eight straight trading days, rising 3.6% (+$1.59). It saw one of its worst periods between May 31, 2011 and June 8, 2011 when shares fell for seven straight trading days, falling 3.4% (-$1.45).

Ameren Corporation (NYSE:AEE) was among the price losers in the sector. Its shares closed at $29.81, which is 13 cents (-0.4%) below the previous close of $29.94. Through its subsidiaries, Ameren Corporation operates rate-regulated electric generation, transmission and distribution businesses, rate-regulated natural gas transmission and distribution businesses and non-rate-regulated electric generation businesses.

Stock Price Performance: From June 3, 2011, to August 29, 2011, the stock price had risen $1.26 (4.4%) from $28.68 to $29.94. 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 4.3% (+$1.20). It saw one of its worst periods between October 20, 2010 and October 27, 2010 when shares fell for six straight trading days, falling 2% (-57 cents).

Shares of CMS Energy Corporation (NYSE:CMS) closed at $19.48, down 15 cents (-0.8%) from the previous close of $19.63. CMS Energy Corp. is a Michigan-based energy company.

Stock Price Performance: From August 23, 2011, to August 29, 2011, the stock price had risen 45 cents (2.3%) from $19.18 to $19.63. The stock price saw one of its best stretches over the last year between September 30, 2010 and October 11, 2010 when shares rose for eight straight trading days, rising 5% (+86 cents). It saw one of its worst periods between March 9, 2011 and March 16, 2011 when shares fell for six straight trading days, falling 5.7% (-$1.09).

AGL Resources Inc. (NYSE:AGL) was one of the sector losers in price. Its shares closed at $41.17, down 26 cents (-0.6%) from the previous close of $41.43. AGL Resources, Inc. is an energy services holding company, which is in the business of distribution of natural gas in six states – Florida, Georgia, Maryland, New Jersey, Tennessee and Virginia.

Stock Price Performance: From August 23, 2011, to August 29, 2011, the stock price had risen $2.61 (6.7%) from $38.82 to $41.43. It saw one of its worst periods between July 21, 2011 and July 29, 2011 when shares fell for seven straight trading days, falling 3.2% (-$1.33). The stock price saw one of its best stretches over the last year between June 23, 2011 and July 7, 2011 when shares rose for 10 straight trading days, rising 6.6% (+$2.57).

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