Pepco Holdings (POM) Breaks Through Resistance at $20.67

Published on Mon, 03/04/2013 - 13:41
By Mallory Stone in Pivot alerts, POM, nyse:pom, pepco holdings, pivot alerts

Shares of Pepco Holdings (NYSE:POM) opened today above their pivot of $20.39 and have already reached the first level of resistance at $20.67. Should the shares continue to rise, the resistance pivots of $20.82 and $21.25 will be of interest.

Pepco Holdings (NYSE:POM) is currently priced 3.4% above its average consensus analyst price target of $20.00. Pepco Holdings shares have support at the 50-day moving average (MA) of $19.68 and additional support at the 200-day MA of $19.42.

In the past 52 weeks, shares of Pepco Holdings have traded between a low of $18.14 and a high of $20.75 and are now at $20.70, which is 14% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.3% while the 200-day MA has risen 0.2%.

Pepco Holdings, Inc. is a diversified energy company. The Company primarily distributes, transmits, and supplies electricity and supplies natural gas to customers in New Jersey, Delaware, Maryland, and the District of Columbia.

By Mallory Stone
mstone@fnno.com

Latest News from FNNO

Yanzhou Coal Mining Looks to Continue to...

Yanzhou Coal Mining (NYSE:YZC) traded today at a new 52-week low of $8.43. This new lo ...

US Physical Therapy: 52-Week High Recent...

US Physical Therapy (NASDAQ:USPH) traded at a new 52-week high today of $30.42. This n ...

Universal Forest Products: The Winning S...

Shares of Universal Forest Products (NASDAQ:UFPI) traded today at $44.46, breaking its ...

Texas Roadhouse: 52-Week High Recently E...

Shares of Texas Roadhouse (NASDAQ:TXRH) traded at a new 52-week high today of $25.56. ...

Shares of Tractor Supply Rise Above Prev...

Shares of Tractor Supply (NASDAQ:TSCO) traded at a new 52-week high today of $116.86. ...

Timken Looks to Continue to Trade Above ...

Shares of Timken (NYSE:TKR) traded at a new 52-week high today of $58.86. This new hig ...

Teekay: 52-Week High Recently Eclipsed (...

Shares of Teekay (NYSE:TK) traded at a new 52-week high today of $40.95. So far today ...

Watch for Continued Gains in Shares of T...

Tenneco (NYSE:TEN) traded at a new 52-week high today of $46.76. Approximately 417,000 ...