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LONDON, March 18, 2013 /PRNewswire/ --
Markets posted weekly gain but ended Friday's session in the red zone. Major indices including NASDAQ showed mild pullback. The Dow Jones Index closed at 14,514.11, down 0.17 percent. However, the market is likely to resume its upward ascent in the coming week as the stocks are trading at relatively lower P/E ratios. Our research team took a look at the Utilities sector, focusing on the gas utilities industry which includes major companies like EQT Corporation (NYSE: EQT), Oneok Inc. (NYSE: OKE), Questar Corporation (NYSE: STR), Clean Energy Fuels Corp (NASDAQ: CLNE) and Sempra Energy (NYSE: SRE). StockCall has posted free technical research reports on EQT, OKE, STR, CLNE, and SRE and these can be accessed by signing up at
EQT Corporation's stock is in a bullish mode and is trading above its 20-day SMA of $66.6. It ended its latest trading session 1.65 percent lower at $66.70, and the stock oscillated in the range of $66.25 and $68.33 during Friday's session. The stock trades at a Price/Earnings ratio of 54.67, higher than industry average, making it an expensive stock to own. The company is expected to face its first resistance level at $66.95. Download the free report on EQT upon registration at
Oneok Inc.'s stock closed at $44.97, 0.57 percent lower. The stock traded in the range of $44.87 and $45.33 during Friday's session and is currently above it 20-day moving average price of $44.94. The company gained 6.89 percent in 2013. Its Price/Earnings ratio is 27.42. The company's stock is in a neutral phase and its first resistance level is at $45.72. On the downside, its first support is at $44.20. Upon breaching this level, its second support level is at 43.95. OKE technical report can be accessed for free by signing up at
Despite mild downward move in Friday's trading session, Questar Corporation is still up 21.13 percent for the year. It has gained 19.64 percent in the past 52 weeks. The stock closed 0.30 percent lower at $23.45 on volume of 2.03 million shares. Its average trading volume stands at 1.49 million shares. The company's shares currently face resistance at around $23.52. The stock has support at around $23.11. It is currently trading above its 50-day moving averages, which is a bullish signal. Free report on STR can be accessed by registering at
Clean Energy Fuels Corp. traded in the range of $14.21 and $14.82 during its previous session. It opened at $14.78 and closed at $14.39, down 0.62 percent on Friday. The stock is currently in a neutral mode and has its first resistance level at $14.85. Upon breaching this level, the company may go as high as $15.03. It traded 3.44 million shares and is below its 20-day moving average price. Its first support level is at $14.11. So far in 2013, the stock is up 19.22 percent. Register with StockCall and download the research on CLNE for free at
Shares of Sempra Energy ended its previous trading session marginally down at $79.02, 0.28 percent lower. The stock gained more than 12 percent this year, outperforming the broad market. The stock has slipped from $79.70 resistance level. It has support at around $78.53 at the moment. Despite its downward move, it is still trading above its 6-day and 20-day moving averages. Read the full free research on SRE by signing up to StockCall at
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