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Wednesday, May 11, 2011

Computer Hardware Higher - Technology Lower - DELL, NTAP, HPQ, STX


New York, May 11th (TradersHuddle.com) - Dell (NASDAQ:DELL), the 3rd largest personal computer maker in the world is trading at 16.57, which represents 0.98% versus its previous trading session close. Dell is the computer hardware index best performer today, it's helping the sector outperform overall technology shares, with the Technology Select Sector Spider (NYSE:XLK) trading -0.42% from its previous trading session close.

Technology shares trading flat with the S&P500, which is trading lower by -0.42%.

The Index best performer, Dell the 3rd largest personal computer maker in the world, is helping push the Computer Hardware Index (NYSE:^HWI) Higher by 0.03%. The index is having a mixed day with only 4 components trading higher.

Also among the top performers, NetApp (NASDAQ:NTAP), the storage and data management solutions provider is trading at $54.67 representing 0.84% Versus the previous trading session. Shares of NetApp have defined support at $45.40 and resistance at $52.88.

Practically no Relative weakness in the index today, however today's worst performer is Hewlett Packard (NYSE:HPQ), with the stock trading at $41.15 representing -1.01% versus the previous trading session. Shares of Hewlett Packard, the maker of printers and personal computers have defined support at $39.16 and resistance at $41.20.

The other worst performer is Seagate (NASDAQ:STX), which is trading at $17.66 representing -0.5% from its previous close. Seagate, the maker of hard drives and storage solutions has calculated support and resistance levels at $39.16 and $41.20 respectively.


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