Hewlett Packard and 4 Technology Stocks Falling Mid-Day: HPQ, AMAT, APH, STX, CSC

Through most of the trading day on Monday, September 19, 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.

Hewlett Packard Co. (NYSE:HPQ) is among the price losers in the sector as its stock price is $22.66, down 90 cents (-3.7%) from the previous close of $23.53. 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 July 21, 2011, to September 16, 2011, the stock price had fallen $12.51 (-34.7%) from $36.04 to $23.53. 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, rising 5.8% (+$2.60). It saw one of its worst periods between May 10, 2011 and May 23, 2011 when shares fell for 10 straight trading days, falling 13.9% (-$5.71).

Applied Materials, Inc. (NASDAQ:AMAT) is among the price losers in the sector. Its shares are trading at $11.13, which is 43 cents (-3.8%) below the previous close of $11.57. Applied Materials Inc. is a manufacturer and producer of capital equipments. It provides manufacturing equipment, software and solutions for the global semiconductor, flat panel liquid crystal displays, solar and related industries. .

Stock Price Performance: From July 21, 2011, to September 16, 2011, the stock price had fallen $1.27 (-9.9%) from $12.84 to $11.57. The stock price saw one of its best stretches over the last year between October 26, 2010 and November 5, 2010 when shares rose for nine straight trading days, rising 7.4% (+87 cents). It saw one of its worst periods between July 7, 2011 and July 14, 2011 when shares fell for six straight trading days, falling 8.7% (-$1.16).

Amphenol Corporation (NYSE:APH) stocks are trading at $42.95. This is $1.53 (-3.4%) below the previous close of $44.45, making the company one of the biggest price losers in the sector today. Amphenol Corporation designs and makes electronic and fiber optic connectors, interconnect systems and coaxial and flat-ribbon cable.

Stock Price Performance: From June 22, 2011, to September 16, 2011, the stock price had fallen $6.73 (-13.1%) from $51.18 to $44.45. 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 7.9% (+$4.03). It saw one of its worst periods between February 11, 2011 and February 23, 2011 when shares fell for eight straight trading days, falling 3.6% (-$2.08).

Shares of Seagate Technology (NASDAQ:STX) are trading at $11.58, down 45 cents (-3.7%) from the previous close of $12.02. Seagate Technology PLC is a provider of hard disk drives. It designs, manufactures, markets and sells hard disk drives. It produces a range of disk drive products addressing enterprise applications.

Stock Price Performance: From June 22, 2011, to September 16, 2011, the stock price had fallen $2.75 (-18.6%) from $14.77 to $12.02. The stock price saw one of its best stretches over the last year between April 11, 2011 and April 20, 2011 when shares rose for eight straight trading days, rising 15.7% (+$2.42). It saw one of its worst periods between July 26, 2011 and August 8, 2011 when shares fell for 10 straight trading days, falling 25.3% (-$3.69).

Computer Sciences Corporation (NYSE:CSC) is one of the sector losers in price. Its shares are trading at $28.31, down 99 cents (-3.3%) from the previous close of $29.28. Computer Sciences Corporation offers information technology and professional services to commercial and government markets, specializing in the application of complex IT problems.

Stock Price Performance: From June 22, 2011, to September 16, 2011, the stock price had fallen $8.73 (-23%) from $38.01 to $29.28. The stock price saw one of its best stretches over the last year between January 28, 2011 and February 8, 2011 when shares rose for eight straight trading days, rising 7.8% (+$4.02). It saw one of its worst periods between July 22, 2011 and August 4, 2011 when shares fell for 10 straight trading days, falling 13.3% (-$5).

 

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