Worst Performing Dow Component: Hewlett Packard

Published on Tuesday, 20 November 2012 12:35 Written by Christian Paolinetti

New York, November 20th (TradersHuddle.com) - The Dow Jones Industrial Average is lower trading at 12791.9, which represents -0.03% versus its previous trading session close, with 13 of its components trading positively.

McDonald's (NYSE:MCD) is the Dow's top performer this morning with the stock trading at $86.14 representing 1.29% versus the previous trading session. Shares of McDonald's, the largest restaurant chain in the world have defined support at $86.37 and resistance at $90.76.

JP Morgan (NYSE:JPM) is also among the top performers early in the session, trading at $40.95 representing 0.89% from its previous close. JP Morgan, the second largest U.S. lender has calculated support and resistance levels at $38.83 and $43.07 respectively. The other top performer this morning is Procter (NYSE:PG), which is trading at $68.48 representing 0.82% from the previous trading session.

The Dow's worst performers include Hewlett Packard (NYSE:HPQ) that is trading at $11.92 or -10.41% from the previous close. Shares of Hewlett Packard, the maker of printers and personal computers have defined support at $12.36 and resistance at $14.48. Also among the worst performers we have Intel (NASDAQ:INTC), which is trading at $19.51 representing -3.65% from the previous session.

Benchmark crude for December delivery is also trading lower at $86.67 a barrel on the New York Mercantile Exchange lower by $1.22 from the previous trading session.

The Dow is under performing the S&P 500, but is pretty much equal with the NASDAQ composite. The S&P 500 is currently trading at 1387.91, which represents 0.07% from previous close, the Nasdaq on the other hand is trading at 2914.41 that represents -0.06% from previous session.