5 Technology Stocks Getting Drop Kicked This Morning

Through the early part of trading on Friday, August 26, 2011, these stocks were 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.

Hewlett Packard Co. (NYSE:HPQ) shares are trading at $24.84, down 6 cents (-0.7%) from the previous close of $25.03. Hewlett-Packard Company provides products, technologies, software and services to individual consumers, businesses and large enterprises, including customers in the government.

Stock Price Performance: From June 1, 2011, to August 25, 2011, the stock price had fallen $11.48 (-31.4%) from $36.51 to $25.03. The stock price saw one of its best stretches over the last year between January 28, 2011 and February 7, 2011 when shares rose for seven straight trading days, climbing 5.8% (+$2.61). It saw one of its worst periods between May 10, 2011 and May 23, 2011 when shares fell for 10 straight trading days, dropping 13.9% (-$5.74).

Emerson Electric Co. (NYSE:EMR) shares are trading at $44.41, which is 19 cents (-0.1%) below the previous close of $44.46. Emerson Electric Co. is a multinational technology company, which designs and supplies product technology. It provides engineering services to a wide gamut of industrial, commercial and consumer markets worldwide.

Stock Price Performance: From June 29, 2011, to August 25, 2011, the stock price had fallen $10.05 (-18.4%) from $54.51 to $44.46. The stock price saw one of its best stretches over the last year between June 24, 2011 and July 7, 2011 when shares rose for nine straight trading days, gaining 8.5% (+$4.54). It saw one of its worst periods between July 7, 2011 and July 18, 2011 when shares fell for eight straight trading days, declining 5.6% (-$3.26).

Shares of Xerox Corporation (NYSE:XRX) are trading at $7.52, down 4 cents (-0.1%) from the previous close of $7.53. Xerox Corporation, in the global document market, develops, manufactures, markets, services and finances document equipment, software, solutions and services.

Stock Price Performance: From May 31, 2011, to August 24, 2011, the stock price had fallen $2.33 (-22.9%) from $10.17 to $7.84. The stock price saw one of its best stretches over the last year between June 15, 2011 and June 23, 2011 when shares climbed for seven straight trading days, rising 4.5% (+43 cents). It saw one of its worst periods between July 21, 2011 and August 2, 2011 when shares declined for nine straight trading days, falling 14.4% (-$1.48).

Avago Technologies Limited (NASDAQ:AVGO) shares are trading at $30.65, down 10 cents (-0.7%) from the previous close of $30.88. 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 June 29, 2011, to August 25, 2011, the stock price had fallen $6.83 (-18.1%) from $37.71 to $30.88. The stock price saw one of its best stretches over the last year between September 22, 2010 and October 1, 2010 when shares climbed 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 declined for seven straight trading days, falling 10% (-$3.90).

Cypress Semiconductor Corporation (NASDAQ:CY) shares are trading at $15.70, which is 30 cents (-3%) below the previous close of $16.18. Cypress Semiconductor Corporation designs, develops, manufactures and markets high-performance, mixed-signal, programmable solutions that provide customers with rapid time-to-market and system value.

Stock Price Performance: From June 1, 2011, to August 25, 2011, the stock price had fallen $6.37 (-28.2%) from $22.55 to $16.18. The stock price saw one of its best stretches over the last year between January 3, 2011 and January 14, 2011 when shares gained for 10 straight trading days, rising 17.6% (+$3.18). It saw one of its worst periods between March 3, 2011 and March 10, 2011 when shares fell for six straight trading days, dropping 11.5% (-$2.44).