user warning: Table './fnndrupaldev/term_node' is marked as crashed and last (automatic?) repair failed query: SELECT t.* FROM term_node r INNER JOIN term_data t ON r.tid = t.tid INNER JOIN vocabulary v ON t.vid = v.vid WHERE r.vid = 482522 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.

Watch for Shares of Integrys Energy (TEG) to Approach Resistance at $60.11

Published on Fri, 04/19/2013 - 09:44
By Robert Cotter

Shares of Integrys Energy (NYSE:TEG) have bullishly opened above the pivot of $59.50 today and have reached the first resistance level of $59.79. Should the shares continue to rise, the resistance pivots of $60.11 and $60.72 will be of interest.

Integrys Energy (NYSE:TEG) defies analysts with a current price ($59.84) 4.7% above its average consensus price target of $57.00. The stock should find initial support at its 50-day moving average (MA) of $57.21 and further support at its 200-day MA of $55.56.

Integrys Energy Group, Inc. distributes electricity and natural gas to customers in the upper midwestern United States.

In the past 52 weeks, Integrys Energy share prices have been bracketed by a low of $51.14 and a high of $61.92 and are now at $59.84, 17% above that low price. In the last five trading sessions, the 50-day moving average (MA) has climbed 0.6% while the 200-day MA has remained constant.

By Robert Cotter
rcotter@fnno.com

Latest News from FNNO

Snap-On Crosses Above its 10-day MA (SNA...

Snap-On (NYSE:SNA) crossed over its 10-day moving average of $125.44 on a volume of 163 ...

Bullish Moving Average Cross by ANSYS (A...

Today, shares of ANSYS (NASDAQ:ANSS) have crossed bullishly above their 10-day moving a ...

Bullish Moving Average Cross by Gannett ...

Today, shares of Gannett (NYSE:GCI) have advanced above their 10-day MA of $34.00 on a ...

Shares of CoStar Group Receive a Boost, ...

CoStar Group (NASDAQ:CSGP) is one of today's notable stocks on the rise, up 1.8% to $14 ...

Lennar Crosses Below its 10-day MA (LEN)...

Lennar (NYSE:LEN) shares have crossed bearishly below their 10-day moving average of $3 ...

Stock Investors Bid Up Shares of Commerc...

One of today's stocks on the move is Commercial Vehicle (NASDAQ:CVGI), up 1.8% to $8.16 ...

Cincinnati Financial Bullish Moving Aver...

Cincinnati Financial (NASDAQ:CINF) crossed over its 10-day moving average of $48.33 on ...

Stock Investors Sell Off Shares of Freep...

One of today's stocks on the move is Freeport-McMoRan (NYSE:FCX), down 1.8% to $35.71. ...